Unemployment in OECD countries to approach 10% in 2010

... says OECD . This may not be surprising given that the world economy faces the sharpest downturn for the last 50 years at least. But I have been stunned by this particular figure


Source: OECD.

Some may think that Germany, the (former) export world champion, may suffer most from the shrinking world economy. But we are not quite there yet - at least in terms of unemployment.