ILO warns 4.5m jobs at risk in eurozone

Article reports on the labour market conclusions for the eurozone countries in two important studies from international organisations: the OECD's 'Employment Outlook 2012' and the ILO's 'Eurozone job crisis: trends and policy responses' published in July 2012.

The eurozone risks losing a further 4.5m jobs over the next four years unless it made a concerted policy shift towards job creation, the International Labour Organisation warned.

OECD: Employment Outlook http://www.oecd.org/employment/outlook

OECD: News, 10.7.12: Employment: OECD sees high jobless rates continuing - more must be done urgently to boost job creation and help jobseekers http://www.oecd.org/newsroom/employmentoecdseeshighjoblessratescontinuing-moremustbedoneurgentlytoboostjobcreationandhelpjobseekers.htm

ILO: Press Release, 11.7.12: Eurozone risks losing a further 4.5 million jobs http://www.ilo.org/global/about-the-ilo/press-and-media-centre/news/WCMS_185000/lang--en/index.htm

ILO: Report: Eurozone job crisis: trends and policy responses, July 2012 http://www.ilo.org/wcmsp5/groups/public/---dgreports/---dcomm/documents/publication/wcms_184965.pdf

BBC News, 11.7.12: ILO warns eurozone risks losing 4.5 million more jobs http://www.bbc.co.uk/news/business-18792720

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