Financial or Multi-Dimensional Crisis?
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tendencies caused by the economic slowdown. In Australia, between October and December 2008, there has been a 34 percent rise in suicide-related calls for help because of financial pressure related to the crisis.
Millions of people have lost their jobs across the world. More millions are expected to lose their livelihoods. According to a ILO report, the labour market projections for 2009 shows definite deterioration in the global labour markets for both women and men. Two scenarios are given. In the best-case scenario, 18 million jobs would be lost, which would amount to a global unemployment rate of 6.1%. In the worst-case scenario, there will be a loss of more than 50 million jobs, which would equate to a rate of 7.1%. Of this, about 21 million would be women. If the worst-case scenario happens, the number of poor working people who will be unable to earn enough to
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