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The overall picture remains one of a jobs recovery that is much more sluggish than after previous recessions, analysts say.

ear ago. This compares with the 1.7% rise previously reported for the thre

as up 2% on a year ago. This compares with the 1.7% rise previously reported for the three

Dominique Strauss-Kahn, the IMF's managing director, warned that "we face the risk of a lost generation", adding: "When you lose your job, your health is likely to be worse. When you lose your job, the education of your children is likely to be worse. When you lose your job, social stability is likely to be worse – which threatens democracy and even peace. So we shouldn't fool ourselves. We are not out of the woods yet. And for the man in the street, a recovery without jobs doesn't mean much."

Tim Geithner, Obama's treasury secretary, said: "The United States believes that global rebalancing is not progressing as well as needed to avoid threats to the global economic recovery.