Work is the refuge of people who have nothing better to do. : Oscar Wilde

Tuesday, November 1, 2011

Possible New World Jobs Recession

Read the full article for what the ILO and the OECD have to say: ILO: World economy on verge of new jobs recession. Much would appear to depend on political leadership.

For a little more about Canada see 'What is the economic outlook for OECD countries?: An interim assessment.' Although Canada is not expected to undergo negative growth in upcoming quarters, like Germany or Italy, growth here will not be stellar either. It's also important to mention, as does the report, that there is considerable uncertainty in these predictions.