A total of 197 million people were without jobs in 2012, with
youth being particularly hard hit, and those unemployment
figures will increase again this year, according to an
International Labor Organization report released Monday. The
bulk of the 4 million newly unemployed in 2012 came from
developing economies in East Asia, South Asia and Sub-Saharan
Africa, according to the Global Employment Trends 2013 report.
The International Labor Organization, which is a United Nations
agency responsible for overseeing international labor standards,
made bleak projections of another increase in unemployment
worldwide by 5.1 million in 2013 -- which would push the total
to 202 million. In 2012, 73.8 million young people were
unemployed globally. "Many young people now experience long-term
unemployment right from the start of their labor market entry,"
said Guy Ryder, ILO Director-General, during a presentation of
the report's findings. "When this occurs early on in a person's
career, it can do significant damage to the