World of Work report 2013
03 June 2013
Globally, investment as a share of GDP is close to 1 percentage point below the pre-crisis level. Yet emerging economies accounted for 47 per cent of global investment as opposed to advanced economies who represented just over one-third. What does this mean? Investment patterns mirror employment trends. Less investment means less employment and this is what we are seeing in developing and advanced economies. So how do we get back on track to creating jobs? Raymond Torres, Director of the ILO's International Institute for Labour Studies, and lead author of the World of Work Report 2013 presents six steps that countries should follow to enjoy a sustainable job recovery.
Global jobs situation
11 October 2012
The ILO Director-General says G20 countries should stand by their commitment to take new, urgent measures in the face of deteriorating global economic conditions.
Interview with The Times
03 October 2012
In an interview with The Times newspaper, the head of ILO warned that austerity measures in southern European countries risk having “quite harmful consequences”. He was more positive about the outlook in Britain.
Video News Release
04 December 2011
There’s good news in the global economic crisis. While the rest of the world’s economies grew just 3% in 2010, economic growth in the Asia-Pacific region more than doubled that. But there’s a hidden story behind the successes of Asia’s booming economies. Joblessness, especially youth unemployment, persists throughout the region. The ILO and its constituents in government, business and workers organizations are working to change that.
Video interview
31 October 2011
Raymond Torres, Director of the ILO International Institute for Labour Studies, discusses the likelihood of a deeper global jobs recession in a grim analysis outlined in the World of Work report, issued by the ILO on the eve of the G20 leaders summit. The report projects that the global economy is on the verge of a new jobs recession that will further delay the global economic recovery and may ignite more social unrest in scores of countries.
Video News Release
27 October 2011
Social protection floor" (SPF) gives everyone access to basic social rights, services and facilities. and is even more urgent during times of economic crisis. The United Nations, led by the ILO and the WHO, has launched a global initiative to promote social protection for all. Individual countries are already taking the steps to make it happen, and are proving it can work, even in tough economic times.
News item
08 April 2011
At a tripartite meeting on the application in Argentina of the recommendations of the Global Jobs Pact, the ILO reported today that the urban unemployment rate in Latin America and the Caribbean is back to its pre-crisis level of 7.3 per cent.
Video News Release
31 December 2010
Serbia was hit hard by the global economic crisis, particularly its young people, who are living a “crisis within the crisis”. Often what they learned in school doesn’t match what employers are looking for, making it hard for them to find work. It’s worse for young people who didn’t do well in school, or dropped out. But in Serbia, the government, trade unions and employers, working together, have designed new policy interventions to give young people, especially those with low levels of education, a chance to find a decent job and keep it.