Thursday, May 2, 2013

World growth still too slow to generate jobs: IMF





The world economy is not growing fast enough to generate jobs for millions who have become unemployed due to the financial crisis but it is gaining strength gradually, a top IMF official said.


While global growth is seen at 3.3 per cent this year and four per cent next year, this masks a significant divergence in prospects, said Naoyuki Shinohara, deputy managing director of the International Monetary Fund.









via Business feed http://www.scmp.com/business/economy/article/1228238/world-growth-still-too-slow-generate-jobs-imf

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