GENEVA — Slow growth in advanced economies risks transforming high long-term unemployment rates into structural unemployment, a group of international economic organisations warned on Monday.
According to a study by the International Labour Organisation and the Organisation for Economic Cooperation and Development, "the large increase in long-term unemployment is of particular concern because of the increased risk that many workers will become structurally unemployed."
According to a study by the International Labour Organisation and the Organisation for Economic Cooperation and Development, "the large increase in long-term unemployment is of particular concern because of the increased risk that many workers will become structurally unemployed."
