Improvement in employment is the most important step for every developing country. This is the center of the development. If employment range raises, we will find increase in the living style, literacy rate, improved society etc. This employment will be the basic and noting point to the economy. Till Last year the employment rating of every developing country was in good state. But now this is not the case.

- Declined Employment Rate:The effect of degraded share market, declined the employment percentage. Now there is unmarkable rating of unemployment. It is estimated through out the world the unemployment rating in the year 2008 was 1.2million.
- Banks And IT Industry:The raise in unemployment is mostly from banks side and from Software side. Other sectors also reasons for this rating but with lesser percentage.
- Percentage Rate Of Unemployment:According to the Labor Department, the unemployment is increased from 6.1% to 6.5%after September of 2008.And declared that unemployment Forecasting is growing higher than the economist’s forecasting.

- Future:8% in 2010:Many economists are expecting more increase in the unemployment rating to 8 percent till year 2010. This means the there will be around 500 million people on the road.
Solution to this drastic situvation
- ILO:International Labor Organization's(ILO) president suggests to offer more new jobs for the people to decrease the unemployment rating. And there should be increase in the IT market apart from the industrial growth.
If the experienced employee is out of the field, then where is the place for the fresher coming out of universities in lacks in next and upcoming years? What is the situation of families of different employees? How the governments of countries are going to tackle this tough year? Like Obama president of developed country, who can face the conditions in smart way, Can handle the situvations of other developing countries in the next challenging year? Let’s hope for the success in coming year.