World Faces Years of Social Unrest as Economies Falter (Nigel Morris, Ben Chu)

Created by : Francis Goodwin View profile

Cars burn during a demonstration, in dowtown Rome Oct. 15 during an anti-capitalist protest. The eurozone debt crisis could lead to a decade-long recession and rising social unrest, the International Labour Organisation (ILO) has warned, according to a German media report. (AFP Photo/Mario Laporta)

Nov. 1, 2011 (The Independent/UK) --The international economy is on the brink of a deep new economic crisis that could cost millions of jobs around the globe and trigger mass social unrest, the world's most powerful nations were warned yesterday.

As the leaders of the G20 countries prepare for emergency talks on averting a return to worldwide recession, the United Nations' International Labour Organisation (ILO) issued a grim forecast of the social effects of the continuing economic crisis.

The UN agency warned that it could take until 2016 for global employment to return to the levels of three years ago – and that anger could erupt on the streets of Europe and other continents as a result.