ILO releases its global employment trend 2013

According to a new report named "Global Employment Trends 2013" which was released by the International Labor Organization (ILO), the global unemployment level increased in 2012 after two stable years and could further rise in the next five years. "Even with an acceleration in growth, the global unemployment rate is expected to remain at 6 percent up to 2017, not far from its peak level in 2009. At the same time, the global number of unemployed is expected to rise further to some 210.6 million over the next five years," the report said, but adding that Turkey’s employment rate increased to 48.5 percent last year from 44.9 percent in 2008.