World employment and social outlook : trends 2015
The report outlines global employment trends, highlighting persistent unemployment, widening income inequality, and the need for significant job creation to address the ongoing employment gap exacerbated by the 2008 crisis.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | International Labour Organization |
| Publication date: | 2015 |
| Time horizon: | 2019 |
| Geographic focus: | Global |
Methods
The research method involved analyzing global employment data, utilizing econometric models to project trends in employment, unemployment, and labor force participation. The report also examined regional developments and socio-economic factors influencing labor markets.
(Generated with the help of GPT-4)
Key Insights
The World Employment and Social Outlook - Trends 2015 report provides a comprehensive analysis of global employment trends, focusing on the aftermath of the 2008 financial crisis. It reveals that the world economy is growing at rates insufficient to close the significant employment and social gaps that have emerged. In 2014, approximately 201 million people were unemployed, with projections indicating an increase of 11 million over the next five years. The report emphasizes the disproportionate impact of unemployment on youth, particularly young women, and notes that the global employment gap currently stands at 61 million jobs. The report also highlights the stagnation of vulnerable employment and working poverty, particularly in developing regions. Income inequality is on the rise, with the richest 10% earning a substantial share of total income, while the poorest 10% earn a mere fraction. The report calls for urgent policy measures to stimulate job creation and address the structural challenges in labor markets, including the need for inclusive labor market reforms to enhance participation and job quality.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: 2019 time horizon | 2010s time horizon | English publication language | 2015 publication year | global geographic scope }} | employment | unemployment | youth employment | income inequality | labor market | economic recovery | vulnerable employment | working poverty | social unrest | regional development