ILO: Perspectives of the worldwide labour market deteriorated

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Source: BBC
The International Labour Organization announced that overall outlook for the world's labour market worsened in 2011. The organization urged the government has to create more than 600 million jobs over the next 10 years. Currently there are about 1.1 billion individuals that are either living in poverty or unemployed.


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Tue, 24 Jan 2012 08:34:45 GMT

Central bank of India cuts growth forecast

Indian central bank cut outlook for the expansion of the country's economy. The RBI said the growth for 2011 and 2012 is likely to be more moderate than expected. Bank blamed the high inflation rate that hit 7.47% last month, the lowest level in the last two year but still above the bank's target. The RBI also added that spillover

Tue, 24 Jan 2012 08:19:14 GMT

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