ECOSOC tackles global jobs crisis in high-level segment

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Ban Ki-moon addressing meeting of ECOSOC

A modest economic recovery in some countries should not disguise the precarious state of the world economy.

That's the message Secretary-General Ban Ki-moon delivered at Monday's opening of the high-level session of the UN's Economic and Social Council, which is focusing on the global jobs crisis.

Mr. Ban said the meeting is taking place under the shadow of continued global uncertainty…all around the world people, especially young people, are concerned about jobs, fairness, and opportunities.

"Getting the global economy back on track will require decisive action — and the courage to take difficult decisions. Short-term measures have bought us time, but they have not resolved the underlying dysfunctions. Recovery is not just a matter of macroeconomic adjustment; it is a development issue. From a long-term perspective, the solution is to pursue a new model of growth within the framework of sustainable development and enhanced international cooperation."  (Duration 39")

The Secretary-General says the newly launched Millennium Goals Report offers reason for encouragement. The number of people living in extreme poverty has been reduced by half, well ahead of schedule.

Filed under Today's News.
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