Full Report ‐ World of Work Report 2010: From one crisis to the next?

Economic recovery from the crisis triggered by the collapse of Lehman Brothers in 2008 remains both weak and uneven across countries. The result is persistently high unemployment in some countries, and growing job precariousness almost everywhere. In the countries where the crisis originated, the financial system remains dysfunctional, thereby affecting enterprise investment and further delaying a job recovery. This report shows that a sustainable, job‐rich recovery is possible – provided that the factors that led to the crisis are tackled.