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November 6, 2009
PARIS — Despite signs of an economic revival gathering pace around the globe, the millions of people laid off are unlikely to see relief any time soon as joblessness is still climbing in many of the world’s largest economies.
The European Union forecasts unemployment in the eurozone will rise to 10.7 percent in 2010 from 9.5 percent this year.
Unemployment rates in the 30 wealthy countries that belong to the Organization for Economic Cooperation and Development range from a low of 3.5 percent in the Netherlands to 18.3 percent in Spain, according to September figures.
And eurozone unemployment rose to a 10-year high of 9.7 percent in September.
In the developing world, the downturn has also taken its toll. Unemployment in Brazil appears now to be stabilizing, but in Mexico, after hitting a 13-year high in August, unemployment has continued to rise, reaching 6.4 percent in September.
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