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Report: Austerity Measures Hurt Job Market

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Report: Austerity Measures Hurt Job Market

Business

Report: Austerity Measures Hurt Job Market

Report: Austerity Measures Hurt Job Market

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  • <iframe src="https://www.npr.org/player/embed/151670971/151670962" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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The International Labor Organization issued a report Monday warning that austerity measures imposed in many countries are hurting the job market, as well as failing to effectively reduce deficits. The major European economies received the brunt of the report's criticism. The report predicts a 3 percent rise in the global unemployment rate for 2012.

STEVE INSKEEP, HOST:

Some other news: The International Labor Organization issued a report today warning that austerity measures imposed in many countries are hurting the job market, and failing to effectively reduce deficits, and the major European economies received the brunt of the criticism.

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