And it’s not just the jobless who have suffered over the past five years: the ILO suggests that a far larger number of young people have found themselves stuck in temporary work or part-time, insecure employment. That lack of financial security makes it harder to think about settling down, starting a family, planning for the … Continue reading
The global youth unemployment rate, which had decreased from 12.7 per cent in 2009 to 12.3 per cent in 2011, increased again to 12.4 per cent in 2012, and has continued to grow to 12.6 per cent in 2013. This is 1.1 percentage points above the pre‐crisis level in 2007 (11.5 per cent). By 2018 … Continue reading
In the fifth year after the outbreak of the global financial crisis, global growth has decelerated and unemployment has started to increase again, leaving an accumulated total of some 197 mil- lion people without a job in 2012. Moreover, some 39 million people have dropped out of the labour market as job prospects proved unattainable, … Continue reading
via Wanted: Productive jobs for the developing world – YouTube.
Global unemployment rose in 2012 amid continuing economic insecurity and insufficient policies stifling overall hiring, a new report by the United Nations labour agency has warned, adding that the world’s youth were most vulnerable to the growing job scarcity. In its annual Global Employment Trends report, released today, the International Labour Organization (ILO) notes that … Continue reading
Women face higher unemployment rates than men globally, with no improvements likely in the coming years, according to an ILO report. The ILO’s Global Employment Trends for Women 2012 looks at the gender gap in unemployment, employment, labour force participation, vulnerability, and segregation in jobs and economic sectors. Globally, the gap in unemployment and employment-to-population … Continue reading
The recent global economic crisis has served as a stark reminder of why unemployment insurance matters. But the reality is that fewer than half of almost 200 countries monitored by the ILO offer such protection. More than 70 per cent of workers worldwide have no statutory access to unemployment insurance or any type of unemployment … Continue reading
An Interview with ILO Economist Sara Elder
Rising youth unemployment could endanger Asia’s social stability. Asia must come to grips soon with the growing number of unemployed young people or it risks increasing social problems or even violence, as witnessed in cities in Europe and throughout the Arab world, say labour specialists. “Seventy-five million youth, under the age of 24, across the … Continue reading
Unemployment in the Eurozone could reach almost 22 million over the next four years, up from 17.4 million, unless policies change course in a concerted manner, the ILO says in a report entitled “Eurozone job crisis: trends and policy responses” . The study warns that without a shift in policy direction all countries in the … Continue reading
The World of Work Report 2012 provides a comprehensive analysis of recent labour market and social trends, assesses risks of social unrest and presents employment projections for the next five years. The report emphasizes that while employment has begun to recover slowly, job quality is deteriorating and there is a growing sense of unfairness. Moreover, … Continue reading
The International Labour Organization and the World Bank released a joint report and new online data tool with the first comprehensive stocktaking of countries’ jobs-related policy responses to the recent global financial and economic crisis. A follow-up to a request from leaders at the 2009 G20 Pittsburgh Summit, the report, Inventory of Policy Responses to … Continue reading
The extensive Job Gap as tremendous impact. According to the 2012 of the ILO report on Global Employment Trends(GET), the world facesa Global Job Gap of 600 million jobs.