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Internet The Only Option To Have A Decent Life? times.com The number of working poor or people who do not earn enough to support themselves and their families above the poverty line of a $2 per day wage may increase to a total of 1,400 million.
It will not shut down any factory, though.
According to the report, "There will be an increase in the rate of unemployment in all scenarios, especially in developing c....
This figure represents 45 percent of workers worldwide.
The International Labor Organization estimates that as much as 231 million will be unemployed this year.
For 2008 it must be more than $120 billion.
The director general of the ILO, Juan Somavia of Chile, says that the financial crisis has become a 'global job crisis.' Due to the global economic crisis, Japanese manufacturer Nissan very recently announced that it will close down 20,000 jobs worldwide on a staggered basis until March 2010.