World employment and social outlook : trends 2017

Global economic growth remains low, with rising unemployment and persistent decent work deficits, particularly affecting vulnerable populations and women across various regions. Structural challenges hinder progress towards inclusive labor markets and poverty eradication.

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Quick Facts
Report location: source
Language: English
Publisher: International Labour Organization
Publication date: 2017
Authors: David Bescond, Evangelia Bourmpoula, Judy Rafferty, L. Jeff Johnson, Marie-claire Sodergren, Moazam Mahmood, Richard Horne, Rosina Gammarano, Santo Milasi, Sheena Yoon, Stefan Kühn, Steven Kapsos, Yves Perardel, Steven Tobin
Geographic focus: Global, Africa, Americas, Arab States, Asia And The Pacific, Europe And Central Asia

Methods

The research method involved analyzing global economic data, labor market trends, and projections using the ILO's Trends Econometric Models. The report utilized statistical models to estimate unemployment, employment, and working poverty rates across various regions, disaggregated by demographics.

(Generated with the help of GPT-4)

Key Insights

The report highlights the global employment and social outlook for 2017, emphasizing that economic growth is projected to improve slightly but remains below expectations. Global GDP growth was only 3.1% in 2016, with forecasts of 3.4% for 2017 and 3.6% for 2018. Despite these modest improvements, the report warns of persistent uncertainties affecting job creation and quality. Global unemployment is expected to rise by 3.4 million in 2017, reaching over 201 million, with emerging economies facing the most significant challenges. Vulnerable employment, affecting 1.4 billion workers, remains widespread, particularly in developing regions. Working poverty rates are declining but at a slower pace, jeopardizing efforts to meet Sustainable Development Goals. Gender disparities in labor market opportunities persist, with women facing higher unemployment rates and lower participation. The report calls for comprehensive policy measures to address structural issues, promote decent work, and ensure inclusive economic growth.

(Generated with the help of GPT-4)

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Last modified: 2024/09/13 16:44 by davidpjonker