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Tue 07 Jul 2009OECD countries 'may lose 30m jobs'
Developed countries will lose about 30 million jobs from the end of 2007 through the end of 2010, the Organisation for Economic Cooperation and Development (OECD) said today, underscoring concerns the global economy has yet to recover from its worst recession in at least seven decades.
The job losses were mainly a result of the global financial crisis and the subsequent economic downturn that has pushed most developed economies into recession, said OECD secretary general Angel Gurría.
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