Tuesday 26 August 2008

ILO: Indonesia`s 2008 economy shows sound improvement

Indonesia`s economy has been growing positively but the labour market has not yet developed significantly, according to a report of the International Labour Organization (ILO) on Labour and Social Trends in Indonesia 2008.While the unemployment rate has fallen to 9.1 percent followed by a rise in involuntary underemployment, such as that the share of those "fully employed" is actually bellow the level in 2002, the report said adding that looking ahead, it forecast unemployment to fall to 7.0 per cent by 2009.

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