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Tuesday, December 13, 2011

Is Anybody Hiring...Anywhere? - Kenneth Rapoza - Forbes

2012 is going to be a rough year. According to the International Monetary Fund, unemployment in the G7 nations should remain unchanged at 7.5%. The eurozone job market will see modest improvements, going to 9.86% unemployment in 2012 from 9.94% in 2011. Countries with high government expenditures as part of GDP and countries that are highly leveraged have the weakest labor markets. Low cost labor nations serving the U.S. and European consumer are some of the best labor markets around. Following is a look at the global job market for 2012. Data from the IMF.