Report of the secretary-general on the work of the organization

1. Over the past year, the world moved from being on the brink of a global economic depression to witnessing the beginnings of a global recovery. To be sure, the recovery is fragile and uneven, and there is no guarantee that a relapse will not occur. Unemployment remains unacceptably high, and vulnerable employment continues to rise. Economic volatility, eruptions of conflict, natural disasters, challenges to food security and strains on natural resources are unlikely to disappear. Moreover, analysis by the United Nations suggests that while Governments have made substantial efforts to stimulate growth and spur recovery, those efforts have not always met the needs of the poor and most vulnerable.

Related Subject(s): United Nations