Multiple choice

The Global Employment Trends Report 2008 published by the International Labour Organization has indicated that there may be increase in global unemployment. What according to them is/are the major reasons of this possibility?

  1. Turmoil in Credit Markets all over the world.
  2. Rise in oil prices in international market.
  3. Civil unrest in some under and undeveloped nations.

  1. Only 1

  2. Only 2

  3. Only 3

  4. Only 1 and 2

  5. None of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The 2008 ILO report attributed global unemployment concerns primarily to credit market turmoil and rising oil prices, rather than civil unrest in underdeveloped nations.

Keep practicing — related questions