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U.N. Labor Agency: World Unemployment to Keep Rising

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  • Description

    FBN’s Adam Shapiro on the global outlook for unemployment.

  • Duration 1:00
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Shapiro we have Fox Business -- the Wall Street Journal reports private equity firms Apollo Group management and CD metropolis and emerged as a leading contender to make an opening bid for hostess brands they are posting.

To -- the iconic twinkie Ding -- and Dolly Madison brands at a bankruptcy court auction.

The UN labor agency warns the lingering effects of the global economic crisis will lead to more unemployment even those economies worldwide are expected to improve.

The agency predicts another five million people lose their jobs this year bringing the total to more than 200 million -- new record.

Global unemployment hit 190 million in 2000 now.

And reacting to last month sandy hook tragedy Groupon has shelved its gun related deals and will review the entire category.

The Groupon spokesperson says all scheduled and current gun related deals featured on -- North America.

Have been put on hiatus from the company reviews internal standards that shape its featured inventory.

That's the latest from the Fox Business Network giving you the power to prosper.

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