The International Labor Organization says nearly 200 million people worldwide are without jobs, and unemployment is set to increase further this year. The ILO’s “Global Employment Trends 2013” report says unemployment worldwide rose by 4.2 million in 2012 after falling for two straight years. It says one-quarter of the increase is in the advanced economies, […]
China Predicted to Overtake US as Economic Power by 2030
Posted December 10th, 2012 at 1:00 pm (UTC-5)
A new U.S. intelligence assessment says China is expected to surpass the United States as the leading economic power by 2030, but the U.S. will remain a top world leader. The assessment was released Monday by the National Intelligence Council of the Office of the Director of National Intelligence. It predicts that Asia will surpass […]
