-The United Nations The global employment situation is alarming, says a new United Nations report released today, which also warns that recovery is not expected any time soon. The World of Work Report 2012: Better Jobs for a Better Economy – published by the UN International Labour Organization (ILO) – says that around 50 million jobs are still missing compared to the situation that existed before the global economic crisis. It also warns...
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ILO warns of new global jobs crisis, says 50 million jobs lost during crisis still missing
-IANS The International Labour Organisation (ILO) Monday warned of the emergence of a global jobs crisis, noting that around 50 million jobs that were lost during the financial crisis are still missing today. Despite signs that economic growth has resumed in some regions, the global employment situation is alarming and shows no sign of recovery in the near future, the ILO said in a report entitled "World of Work Report 2012: Better...
More »Most power plants left with just four days of coal supply-Anupama Airy
Be prepared for power outages ahead as coal supplies to 30 out of India's 95 thermal power plants have reached alarming levels. Out of these 30 power stations that produce 26,320 mega-watt (mw) of power, 25 plants are running on less than four days of coal stocks, according to data available with the power ministry's advisory wing, Central Electricity Authority (CEA). Of the 25, five are from National Thermal Power Corp...
More »Starvation deaths in Assam Tea Estate
Historians tell us of the colonial era stories of miserable conditions of workers, even bonded labour, in tea plantations of eastern India. However, the situation improved after independence. In the past few decades the tea industry has made steady profits even in worst years of economic downturn. And that is why reports of starvation deaths in tea plantations of Assam are so shocking. An Asian Human Rights Commission (AHRC) report says that...
More »Elusive jobs by TK Rajalakshmi
It is getting harder for jobseekers to return to gainful employment and for new entrants to find adequate jobs, says the ILO. THERE is little in the International Labour Organisation's (ILO) annual projection of job growth to cheer about. The year 2012 has been described as a year of stark reality. A third of the global workforce is currently unemployed or poor; that is, 200 million members of the 3.3-billion-strong global...
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