The crisis has destroyed more than 20 million jobs in the G20 countries. If the low rate of employment growth is confirmed, as is already the case in many cases, it will be "impossible" to recover the accumulated gap in the short term.
This was specified by the ILO (International Labor Organization) and the OECD (the Organization for Economic Cooperation and Development) in the outlook on the labor market presented at the G20 of Labor Ministers, which opened in Paris. "We must act now to reverse the slowdown in job growth and compensate for job losses," ILO Director-General Juan Somavia said in a statement.
The number of people employed in the G20 has risen by 1% since 2010, but to return to pre-crisis employment levels by 2015 the annual growth rate must be 1,3%. Four countries (Italy, France, South Africa and the USA) have recorded growth of less than 1%, while two others (Japan and Spain) have suffered a decline in total employment over the last year.
