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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: World jobless total could rise by 25 million: OECD chief AFP - 24 minutes ago PARIS (AFP) - - The number of people unemployed throughout the world could rise by up to 25 million by 2010 because of the global financial and economic crisis, the head of the OECD Angel Gurria said on Monday. "We're heading for a loss of between eight and 10 million jobs in the OECD area... and 20 to 25 million in the world as a whole between now and 2010," Gurria said on France's BFM radio. Gurria said that the construction sector would be especially badly hit because its activities had "stopped in a brutal way," affecting in particular countries such as Spain and Ireland. The Organisation for Economic Co-operation and Development in Paris brings together 30 countries, including all the world's industrialised economies. The group conducts research and publishes economic forecasts. Gurria also suggested that European countries should spend more in their fiscal stimulus plans to kickstart their economies, considering the size of rescue plans in China, Japan and the United States. The European Union should "go beyond" the fiscal stimulus plans already announced, equivalent to around 1.4 percent of GDP, since "all the other major countries are going beyond that," Gurria added. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy World jobless total could rise by 25 million: OECD chiefAFP - 24 minutes ago Georgia FDI Jan-Sept down 15.8 pct yy to $1.1 blnReuters - 52 minutes ago TOPWRAP 4-Japan recession deepens, China cuts ratesReuters - 1 hour 22 minutes ago China's central bank cuts interest ratesAP - 1 hour 49 minutes ago Related Articles: Business World jobless total could rise by 25 million: OECD chiefAFP - 24 minutes ago Paris Club cancels a further slice of Iraq debtReuters - 28 minutes ago Aeroflot flight lands in Greece after bomb warningReuters - 28 minutes ago London's FTSE 100 index down at 4,290.30AP - 30 minutes ago BRIEF-IT Holding in talks to postpone debt paymentReuters - 30 minutes ago Enlarge Photo World jobless total could rise by 25 million: OECD chief Related Photos Slideshow Full Photo Coverage: Business & Economy Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Toyota forecast deepens gloom over global economy Let poor eat caviar: Milan authorities New Year's hangover? Take two eels and call me in the morning Actress Jennifer Aniston appears naked in GQ magazine Quake zone hero pig named China's animal of the year View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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