Global unemployment to rise by 3.4 million in two years, report says

International Labour Organization predicts joblessness will surpass 200 million by end of 2017 for the first time on record

More than 3 million people will become unemployed worldwide in the next two years, making existing jobs vulnerable and fuelling potential social unrest as the global economy slows, a report warns.

The International Labour Organization predicts unemployment will rise by about 2.3 million this year to 199.4 million, and that 1.1 million will be added to the global count in 2017, taking joblessness to more than 200 million for the first time on record.