In the News (from World Development Report): “The World Development Report 2013: As the world struggles to emerge from the global crisis, some 200 million people—including 75 million under the age of 25—are unemployed. … Some 1.65 billion are employed and receive regular wages or salaries. Another 1.5 billion work in farming and small household enterprises, or in casual or seasonal day labor. Meanwhile, 200 million people, a disproportionate share of them youth, are unemployed and actively looking for work. … 621 million young people are ‘idle’—not in school or training, not employed, and not looking for work.”

My Comment: This is very soft data. But soon the world will see hundreds of millions of unemployed. After all, as a result of the global economic crisis, humanity will abandon all “excessive” consumption, except what is “reasonably necessary.”
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Related Material:
“100 Million Americans Without Jobs”
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