Video: Productive Employment, Sustainable Enterprises and Skills Development in Asia and the Pacific
Even before the current series of economic and jobs crises the quality of jobs being generated was a cause for concern. Unless this issue is addressed it will not be possible to rebalance growth in the region effectively. Non-standard and informal employment, offering low pay and poor working conditions, have grown steadily and are contributing to growing inequalities in incomes.
Closer attention is needed to reducing poverty, creating productive employment and social and economic mobility, with particular attention given to the needs of young people. The formal economy can be expanded in low and middle income economies in the region, and an enabling environment with support for sustainable enterprises is possible. Increasing investment in human resources and improving working conditions with and through engagement of the social partners can play an important role in this process.