All ILO Newsroom content

August 2012

1. 

   Article

   Weathering the crisis: A Turkish recipe

   06 August 2012

   Turkey has managed to overcome the global financial crisis better than many European countries. How did it do it?

July 2012

1. 

   Video News Release

   The Job Crisis in the Eurozone

   11 July 2012

   Austerity policies designed to cut debt in the Eurozone are resulting in a steady rise in unemployment, prolonging and deepening the crisis in the single currency area, according to a report from the ILO, "Eurozone job crisis: trends and policies responses". Unemployment in the Eurozone could reach almost 22 million over the next four years, unless appropriate measures are taken to boost growth and promote job creation.

June 2012

1. 

   Video interview

   "Innovation" and a completely new approach to job creation are needed to solve the jobs crisis, WEF's Klaus Schwab tells ILC delegates

   11 June 2012

   Hailed as "a visionary of the highest caliber" by ILO Director General Juan Somavia, World Economic Forum founder Klaus Schwab told delegates at the International Labour Conference in Geneva that a "paradigm shift" toward entrprenuership and innovation is needed to address the Global Jobs Crisis and the growing disparities between rich and poor. In an exclusive interview after his speech, Schwab said the role of the ILO is central to the process of bringing about change; and he predicted that in the future, most jobs will be created by the workers, themselves.

2. 

   Video coverage

   ILO Head calls for a policy rethink to overcome global economic uncertainty

   06 June 2012

   In his address to the ILC, ILO DG Juan Somavia, urges that in the midst of crisis, now is a time for policy reevaluation to ensure a more stable global economy. He highlights that growth can no longer be the key criteria for macroeconomic success, but instead quality job creation, the reduction of poverty and fair access opportunities need to be brought to the forefront to ensure international cooperation.

May 2012

1. 

   Video

   How to beat a crisis: Interview with Argentinean Vice President

   18 May 2012

   In 2001 Argentina defaulted on its debt and ended the parity of its currency with the US dollar. The South American country plunged deeper into crisis, but within months economic growth set in. We asked Argentine Vice President Mr Amado Boudou if Eurozone countries can learn from Argentina how to beat the crisis.

April 2012

1. 

   Video interview

   Youth unemployment crisis stuck until at least 2016, predicts the ILO

   27 April 2012

   ILO's Theodor Sparreboom, Senior Economist, presents the current youth unemployment rates, which at a global level, are stuck at 12,7%. The situation is worsening, especially in developed economies, where the average rate has not returned to pre-crisis levels. The ILO Global Employment Trends for Youth Report 2012 also warns of the dramatic deterioration of the labour situation for young people, who increaingly are employed in part-time and temporary jobs, as they have no other alternatives.

2. 

   Video interview

   World of Work Report 2012: Interview with the authors of the report

   27 April 2012

   ILO TV interviews Marva Corley and Steven Tobin, Senior Economists at the International Institute for Labour Studies on the effect austerity measures and reduced public investment had on a deteriorated job market. In contrast, some countries implemented policies to successfully generate jobs and improve the quality of employment.

September 2011

1. 

   Video

   ILO Director-General interviewed at the European Parliament

   14 September 2011

   Following his address to an extraordinary meeting of the European Parliament Conference of Presidents, ILO Director-General, Mr. Juan Somavia, was interviewed saying "the real economy must take the driver's seat of the global economy, with a financial system at its service.

2. 

   Video

   Excerpts from ILO Director-General address to the European Parliament

   14 September 2011

   "The real economy must take the driver's seat in the global economy, with a financial system at its service" Mr. Somavia told members of the European Parliament during an address in Strasbourg.

December 2010

1. 

   Video interview

   Global Wage Report 2010/2011: An Interview with the ILO's Manuela Tomei

   15 December 2010

   With the launch of the ILO's Global Wage Report 2010/2011, ILO TV interviews Manuela Tomei, Director of the ILO Conditions of Work and Employment Programme (TRAVAIL). Based on an analysis of wages in 115 countries, the report says the financial and economic crisis cut global wage growth by half in 2008 and 2009. The increasing discrepancy between low-wage and high-wage earners has had a deleterious effect on consumption worldwide. The interview highlights how several national recovery schemes and measures have worked to buffer wage stagnation and avoid lay offs, thus hastening a sustainable economic recovery.