By the end of February, jobless people in Japan and Italy reached 2.89 and 2.3 million each. The rate of unemployment in Italy reached all time high since 2004.

Among the member countries of the Organization for Economic Cooperation and Development grouping Western countries the number of the unemployed in February this year increased by half a million over that in the same month last year to reach about 45 million.

The skyrocketing commodity prices plus serious joblessness are throwing a large number of people into abject poverty.

In the last twelve months ending March this year the wholesale price in the U.S. jumped 2.8 percent. In the same period prices of foodstuff rose 4.6 percent in the UK while the prices of overall commodities leapfrogged 2.3 percent in France.

At a time when poverty is becoming a serious problem in the capitalist countries, the New York City authorities announced on April 17 that the rate of poverty in the city in 2010 increased 1.3 percent over the previous year.

49.1 million poverty-stricken people were registered in the country by the end of last year, 20 million of them suffering from abject poverty.

The number of poverty-stricken people reached more than 12 million in Germany and one of five persons are living below the poverty line in Greece.

All facts go to prove that unemployment and poverty are an inevitable product of capitalist society and the miserable plight of majority of the population in the capitalist countries cannot be otherwise as long as the reactionary and unpopular social system exists.