So says the ILO, the International Labour Organization, noting that 205 million unemployed worldwide will break the 2009 record of 198 million. Unfortunately on the way to that, we'll exceed the record already in 2013 with 202 million unemployed worldwide.
Call it trickle down unemployment:
"Unemployment remains as dire as it was during the crisis in 2009," Ekkehard Ernst, chief of the employment trends unit at the ILO, which wrote the report, told CNBC.
While the crisis may have originated in the developed world, the report noted that 75 percent of 2012's newly unemployed came from outside it, with East Asia, South Asia and Sub-Saharan Africa being the worst affected.
Ernst attributed this to the "spillover effect" of weak growth in advanced economies, and in particular, the recession in Europe.
Read the rest here at CNBC.com.
