MDG Gap Report 2010

The world economy is recovering from its most severe downturn since the Great Depression of the 1930s. The recovery is still very fragile and uneven, however. The global jobs crisis has not subsided, as can be seen from persistent high unemployment rates in the major developed countries and increased rates of underemployment and vulnerable employment in many developing countries. The lack of recovery in employment presents a risk for output recovery as it suppresses consumption and investment demand... more »