"By 2019, more than 212 million people will be out of work, up from the current 201 million," the latest ILO's report "World Employment and Social Outlook – Trends 2015" stated.
In the coming years, global unemployment is expected by the ILO to continue its upward trend.
"Global unemployment is expected to increase by 3 million in 2015 and by a further 8 million in the following four years," the report showed.
The report highlights the unavailability of employment in emerging and developing economies in the wake of the 2007-2008 global financial crisis. At the same time, it notes slight improvements in Japan, the United States and some European countries that have returned to the unemployment rates recorded prior to the crisis.
The organization stressed that the unemployment trend will continue until the end of the decade.
The ILO also warned of the widening inequality gap, observing that the richest 10 percent currently earn almost 40 percent of total global income while the poorest 10 percent receive between 2 and 7 percent.
The World Employment and Social Outlook – Trends 2015 report, formerly entitled Global Employment Trends, is published annually by the ILO as a review and forecast of worldwide employment data.
Where will unemployment be the highest over the next five years? http://t.co/OcokQNve1Q pic.twitter.com/VJSM3obNaI
— ILO (@ilo) 20 января 2015
