The International Labor Organization ILO has voiced its concern about the impact of austerity on social protection, saying that measures aimed at offsetting the effects of the crisis have will have long-term detrimental effects on the bloc’s economies.

In its 357-page World Social Protection report published on Tuesday, the Geneva-based UN offshoot warned that “together with persistent unemployment, lower wages and higher taxes, these measures have contributed to increases in poverty and social exclusion, now affecting 123 million people in the European Union, 24 percent of the population, many of them children, women, older persons and persons with disabilities.”..
ILO report warns of austerity ‘inflicting intense human suffering
World Social Protection Report 2014-15

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