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Economic crisis

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The current global economic crisis places new hurdles on the path toward sustainable and socially equitable growth. ILO projections for 2009 show deteriorating labour markets, with an increase of between 24 million and 52 million people unemployed worldwide. The road to recovery proposed by the ILO calls for a "Global Jobs Pact" combined with a set of measures to: ensure the flow of credit and stimulate demand; extend social protection and retraining; support productive and sustainable enterprises; ensure promotion of core labour standards; strengthen social dialogue, tripartism and the ILO's role in the multilateral system; maintain and expand development aid. The 90th Anniversary activities permit the ILO to profile country solutions and coping mechanisms.

Featured

ILO Summit on the Global Jobs Crisis - 15-17 June 2009

ILO Summit on the Global Jobs Crisis - 15-17 June 2009

Heads of State and Government, Vice-presidents, labour ministers and leaders from employers’ and workers’ organizations met in Geneva from June 15-17 for a Global Jobs Crisis Summit organized by the International Labour Organization (ILO). The ILO summit provided a first-of-its-kind opportunity to discuss policies that are being implemented at the national and international level to address the global jobs crisis. The three-day ILO summit, which is part of ILO’s International Labour Conference, included four high-level panels on the following topics: global and regional coordination, development cooperation, fundamental principles and rights at work, and industry enterprise-level strategies.


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ILO Global Job Crisis Observatory

What began as a crisis in finance markets has rapidly become a global jobs crisis. Unemployment is rising. The number of working poor is increasing. Businesses are going under. The ILOs' Decent Work Agenda provides the policy framework to confront the crisis. The Observatory provides information on the employment and social impact of the crisis and policy responses.

Presentations

Interview with ILO Director General Juan Somavia on the Job Crisis of 2009.

Interview with ILO Director General Juan Somavia on the Job Crisis of 2009. “We are now facing a global jobs crisis. Many governments are aware and acting, but more decisive and coordinated international action is needed to avert a global social recession.”


 
Last update:24.03.2010 ^ top