can we do something and who's responsible for the business on the state we'll discuss it with a guy ryder who's the director general of the international aid organization. still hasn't recovered from the financial meltdown unemployment is the most pressing issue for millions around the globe this year the g. twenty chaired by russia named quality job creation as its top priority but what exactly can be done. international labor organisation chief got a writer says the first thing is to build a program to reach every country is committed this is perhaps the most difficult. road to welcome to the show good meeting here thank you very much for being with us as well and i want to start with the g. twenty agenda russia has recently taken over the presidency of g twenty and employment is one of the most important topics since matter of fact moscow wants to include the point topic into the agenda of the next g. twenty meeting well actually the subject has been discussed and can in seoul in wherever so is there anything new to be said to said on this subject which is my quick answer to you is act

guy ryder, director general of the ilo. thanks for joining us. >> pleasure. >> we talked about how there's sentiment around europe in terms of the market and the effect of the ecb. you've just given the unemployment numbers for spain. no turn around at all there. what are the long-term impacts that we're seeing? >> the impacts, as you've been hearing, we have levels of unemployment in spain which i think are very difficult for any of us to imagine the social effects of. what he think is quite worrying is i think the move here in davos is that the financial situation in europe, it's turning the corner. there's a good deal of optimism about that. i think we have to keep very much in mind is the situation on labor markets is getting worse. globally, we estimate that we added over 4 million to the unemployment cues around the world in 2012. and the bad news is, for 2013, it's even worse. 5 million more. so i think we have to be very, very careful that we don't focus exclusively on the financial aspects, although getting that ri