"The epicentre of the crisis has been the advanced economies, accounting for
half of the total increase in unemployment of 28 million since the onset of the crisis. But the
pronounced double dip in the advanced economies has had significant spillovers into the labour
markets of developing economies as well. A quarter of the increase of 4 million in global unemployment
in 2012 has been in the advanced economies, while three quarters has been in
other regions, with marked effects in East Asia, South Asia and Sub-Saharan Africa.
The report estimates the quantitative and qualitative indicators of global and regional
labour markets and discusses the macroeconomic factors affecting the labour markets in order
to explore possible policy responses."
to read the 7-page executive summary "Recovering from a second jobs dip" published January 21, 2012, click on
link to www.ilo.org