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UN Labor Agency: Global Unemployment to Rise by 2.3 Million in 2016

Anita Chow

The number of unemployed people is estimated to rise by 2.3 million in 2016 and 2.5 million in 2017, which is very likely to top 200 million for the first time ever. The trend will probably cause instability in societies and leave existing jobs vulnerable.

Pertamina employees wave Indonesian flags during a visit by the company's CEO Dwi Soetjipto and Indonesia's Vice-President Jusuf Kalla to the refinery unit IV in Cilicap, Central Java, Indonesia

Indonesia Returns to OPEC Opposing Increase in Oil Prices

Oil Price columnist, Gaurav Agnihotri, notes that Indonesia needs more foreign investment, and OPEC also has to access new markets. Therefore, Indonesia's return is a win-win strategy.

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