New policies needed to tackle Portugal's job crisis: ILO

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Tackling the job crisis in Portugal – ILO

The socio-economic situation in Portugal has been described as "critical" by the International Labour Organization (ILO) because of "unprecedented levels of unemployment and declining investment."

In a new report released on Monday, ILO says additional measures are needed to tackle Portugal's job crisis.

Jocelyne Sambira reports.

One in seven jobs has been lost in Portugal since the start of the global crisis in 2008, according to the ILO report, "Tackling the jobs crisis in Portugal".

Two thirds of the jobs were lost over the past two years alone, the report elaborates.  Fifty-six percent of job seekers have been without work for more than a year, and are losing their motivation and skills.

Many of the country's most talented and qualified young people have been pushed into emigrating.

ILO suggests a new, job-centred approach is necessary and includes a number of key measures in its report.

A high level conference is taking place in the capital, Lisbon, with Government and UN officials, including representatives from the employers' and workers' groups, to discuss the way forward.

Jocelyne Sambira, United Nations.

Duration:  48″

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