Min:24 °C Max:31 °C
» Weather Details

January 9, 2009 Friday
Updated
Jan 9, 2009
Young and jobless
By Leslie Koh
FORGET social inequality, crime and violence. The world's biggest fear now is failing to get a job - or losing one.

A recent survey of 22 countries revealed that fears of unemployment have become the No. 1 concern as the global financial crisis hits home, surpassing the usual worries, even poverty.

Not surprising, when you see the disheartening numbers: Global unemployment expected to rise by 25 million over the next two years; estimated total number of jobless people around the world at the end of this year - 210 million.

For the fresh graduate, the young school-leaver and the ambitious yuppie with dreams, 2009 will be tough.

At the supply end, company closures, hiring freezes and a shrinking business scene mean fewer employment opportunities - never mind the dream job.

For the full story, read Saturday's edition of The Straits Times

S M T W T F S
08 09 10 11 12 13 14
15 16 17 18 19 20 21
Best viewed at 1152x864 resolution with IE 6.0 or FireFox 2.0 and above Copyright © 2008 Singapore Press Holdings Ltd. Co. Regn No. 198402868E | Privacy Statement | Terms & Conditions