PHM-Exch> World of Work Report 2013: Repairing the economic and social fabric

Claudio Schuftan cschuftan at phmovement.org
Mon Jun 3 09:41:37 PDT 2013


From: Ruggiero, Mrs. Ana Lucia (WDC) <ruglucia at paho.org>
crossposted from: EQUIDAD at listserv.paho.org


** ** ** **

*World of Work Report 2013: Repairing the economic and social fabric*


*The study analyses the global employment situation five years after the
start of the global financial crisis.
 It looks at labour market performance and projections both at the global
and regional levels.

*

*International Institute for Labour Studies (IILS) 2013

*

Full report PDF at: http://bit.ly/19BVnkn

Website: http://bit.ly/11QIm4M

****

Main Findings:****


● Five years a' er the global $ nancial crisis, the global employment
situation remains uneven, with emerging and developing economies recovering
much faster than the majority of advanced economies. Employment rates (the
proportion of people of working age who have a job) exceed pre-crisis
levels in 30 per cent of the countries analysed. In 37 per cent of the
countries, employment rates have increased in recent years, but not enough
to return to the pre-crisis situation, while in the remaining 33 per cent
of countries, employment rates have continued to decline. Based on current
trends, employment rates across emerging and developing economies will
return to pre-crisis levels in 2015; while employment rates in advanced
economies will only return to the precrisis situation a' er 2017.****


● At the global level, the number of unemployed people will continue to
increase unless policies change course. Global unemployment is expected to
approach ****

208 million in 2015, compared with slightly over 200 million at the time of
publication.

****

● Key labour market weaknesses that preceded the crisis have remained acute
or worsened, even in high-growth economies. For example, over the past 5
years, the incidence of long-term unemployment (the share of unemployed
persons out of work for 12 months or more) has increased in 60 per cent of
the advanced and developing economies for which data exist.

****

● In addition, many workers have become discouraged and are no longer
actively looking for a job. Labour force participation rates decreased
between 2007 and 2012 in more than half of the countries analysed.

****

*Content

*

1. Overview of employment trends and projections
2. Income distribution and middle-income groups across the world
    Main Findings Introduction A. Trends in income and wage inequalities
3. Role of minimum wages in rebalancing the economy
4. Investment for a job-friendly recovery
5. How to shift to a more equitable and job-friendly economic path

****
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