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From the IMFBlog – The global economic recovery continues, but with a widening gap between advanced economies and many emerging market and developing economies. Our latest global growth forecast of 6 percent for 2021 is unchanged from the previous outlook, but the composition has changed.. By Gita Gopinath عربي, 中文, Español, Français, 日本語, Português, Русский […]
GENEVA (ILO News) – Global wage growth slowed in 2013 to 2%, compared with 2.2% in 2012, according to the ILO’s Global Wage Report 2014/15. Wage growth has yet to catch up to pre-financial crisis rates of about 3%, the report found. Even this modest growth in global wages was driven almost entirely by emerging G20 economies, where […]
Continue reading …Australia, Italy, and Germany Lead a Month of Robust Recovery Following the devastation of the Great Recession, job markets around the world are finally showing signs of life. Job markets improving in a number of advanced economies, according to a new report, according to unemployment rates and employment growth data compiled and standardized by The […]
Continue reading …Aurelio Parisotto, ILO Senior Economist As we approach the 2015 deadline for the current Millennium Development Goals (MDGs), we have a golden opportunity to put jobs and livelihoods at the top of the international development agenda. This is not simply according to the ILO. The first results of the UN ‘My World’ global survey, which asked people […]
Continue reading …There are almost 200 million persons with intellectual disabilities in the world. For many of them, finding a stable job represents a major challenge. In Li’s case, a little help has made a big difference. Li Chao ILO News– Li Chao is making marmite at the Wan Feng restaurant in Beijing’s Fengtai district. […]
Continue reading …ILO News– Despite some regional differences, the global youth unemployment rate continues to rise and is projected to reach 12.8% by 2018 – wiping out the gains made at the start of the economic recovery, according to the ILO’s Global Employment Trends for Youth 2013 report. Behind this worsening figure is an even more worrying picture, revealing […]
Continue reading …Although there have been diverse responses to the economic crisis in Europe, the immediate pressure to make savings and reduce public spending have led most governments to make cuts to expenditure, jobs and wages – often hastily. The wages of public sector employees have been cut in a variety of ways: Several countries have implemented […]
Continue reading …By Philippe Egger, Director, ILO Bureau of Programming and Management– Unlike several other disciplines, economics is far from being an exact science. It is often hard to find clear answers about basic economic facts and trends. Take wages, for instance. Half of all employed people rely on wages for a living. These wages tend to reflect […]
Continue reading …Minimum wage laws prohibit employers from hiring employees or workers for less than a given hourly, daily or monthly minimum wage. More than 90% of all countries have some kind of minimum wage legislation. Although minimum wage laws are in effect in many jurisdictions, differences of opinion exist about the benefits and drawbacks of a […]
Continue reading …ILO News- Science and technology are advancing at a rapid pace, offering new opportunities in the workplace. Women, however, are in danger of being left behind. And that is a question of attitudes, not aptitudes. “Women tend to be overrepresented in the humanities and social sciences, and underrepresented in science and technology,” says Claude Akpokavie, […]
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