The financial crisis is now triggering rising unemployment
The global economic slowdown is starting to move beyond the major financial markets - and impact on real jobs.
Unemployment figures released in the UK this week show that just over 1.8 million people are now out of work - 140,000 more than three months ago.
The the picture is similar elsewhere, with unemployment figures in the US also making for grim reading, coupled with news that Germany - the world's biggest exporter - is officially in recession.
The slowdown impacts everywhere because of the connected nature of the world's economy. Greg Wood in New York, Chris Hogg in Shanghai and Nick Bryant in Sydney tracked job losses across the continents:
Listen Listen to BBC correspondents (2 mins 35 secs)
Full coverage of the global financial crisis
First broadcast 13 November 2008
