Global: Jobs crisis threatens global wave of social unrest, warns ILO

The International Labour Organisation has warned that a jobs crisis caused by the slowdown in the global economy threatens a wave of widespread social unrest engulfing both rich and poor countries. 'We have reached the moment of truth,' said Raymond Torres, director of the ILO International Institute for Labour Studies to mark the publication of the organisation's World of Work report. In a new 'social unrest' index, the ILO said there was growing unhappiness over the lack of jobs and anger over perceptions that the burden of the crisis is not being shared fairly. It noted that in over 45 of the 118 countries examined, the risk of social unrest is rising, with particular signs of tension in the EU, the Arab region and to a lesser extent Asia.