Record world unemployment stable in 185 million

[Whoa_Nelly]

World unemployment reached a new record in 2003, 185,9 million people according to the latest report from the International Labour Organization, ILO.

The 185,9 million represent 6,2% of the world active population, with a marginal increase over 2002 when it stood at 185,4 million.
The 2003 figure includes 108,1 million men, 600,000 more than last year, and 77,8 million women, a drop from the 77,9 million of 2002. The age group most vulnerable is 15/24 year totalling 88,2 million equivalent to a 14,4% unemployment for that segment.

ILO however is cautiously optimistic about 2004, since the world economy recovery of the second half of 2003 seems to have stopped the deterioration of the job market.

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