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The G-20 and Job Creation
"In Cannes, G20 Puts Emphasis on Youth Employment"
 Photograph by Alexander Zemlianichenko |
At the Cannes summit held on 3-4 November 2011, the G20 Leaders put a strong emphasis on growth and jobs within the G20 “Framework for strong, sustainable and balanced growth”. It established a Task Force on Employment that will initially concentrate on youth employment, which today is two to three times higher than adults’ unemployment.
Read more about the ILO and the G20
The G20 Employment and Labor Ministers met in Paris on 26-27 September 2011 to assess the evolving employment situation in the context of the global financial crisis. In preparation to the meeting hosted by the French government, the ILO, in collaboration with the Organisation for Economic Co-operation and Development (OECD), have produced a series of documents on labor market developments in G20 countries and on a range of policy measures taken in response to the crisis.
ILO and OECD express concern over the seriousness of the jobs crisis. 200 million people are out of work worldwide, close to the peak recorded at the depth of the Great Recession:
- Joint Statement for G20 Labor Ministerial by ILO Director-General Juan Somavia, and OECD Secretary-General Angel Gurría
- More information including statistical update and country policy briefs
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When the financial and economic crisis spread across the globe in 2008, the leaders of the G20 countries came together to devise a plan to further strengthen international cooperation. From that time the G20 leaders have convened Summits in Washington, D.C. in 2008, in London and Pittsburgh in 2009, and in Toronto, Seoul in 2010 and Cannes, France 2011. In carrying out its work, the G20 draws on the technical expertise of international organizations, chiefly the International Monetary Fund (IMF), the World Bank, the Organization for Economic Cooperation and Development (OECD), the ILO, the World Trade Organization (WTO), the United Nations (UN) and the Financial Stability Board (FSB).
The ILO contributed a technical report to the G20 Summit in Pittsburgh (September 2009) providing a first analysis of the employment and social impact of the extraordinary fiscal stimulus measures taken by governments. The ILO estimates were recognized by the IMF and by the media. The G20 Summit in Pittsburgh gave a strong mandate of “Putting quality jobs at the heart of the recovery” spanning job creation, social protection, training, decent work and ILO fundamental principles and rights at work. The ILO has since based its contributions to the G20 on that agenda.
The ILO and the ILO Washington office provided extensive technical support to the meeting of G20 Ministers of Employment and Labor convened by the US Secretary of Labor in Washington, D.C. in April 2010. In preparation for the meeting, the ILO produced a series of background reports on the evolving employment and social protection situation in the context of the global financial crisis. "Accelerating a job-rich recovery in G20 countries: Building on experience" provides an assessment of the impact of the policy measures taken across G20 countries and identifies the policy challenges for a sustained jobs recovery. The recommendations of the Ministers, based on ILO technical inputs and centered on job creation, social protection, poverty alleviation, quality jobs, skills development and social dialogue, were welcomed by G20 Leaders at their Summit in Toronto held in June 2010.
The ILO has been working with the IMF in the context of the G20 Framework for Strong, Sustainable and Balanced Growth in the preparation of technical submissions to the Toronto and the Seoul G20 Summits. ILO contributions have established how employment policies and expanded social protection coverage in all G20 countries could substantially contribute to rebalancing the global economy, including by raising domestic consumption in current account surplus countries, including China.
The ILO (with inputs from other organizations) developed a training strategy which was welcomed by G20 Leaders in Toronto and extended by the Seoul Summit to developing countries. The ILO worked together with the WTO, World Bank and OECD to produce a report on trade and employment for the G20 Seoul Summit. The central message of the report is that countries can gain by designing trade policies together with employment policies both to expand trade and to cushion adjustments induced by trade.
The ILO provided substantive contributions to the G20 in 2011, in collaboration with the OECD, in preparation of the second meeting of the G20 Employment and Labor Ministers which took place in Paris on 26-27 September 2011.
G20 Labor Ministerial Meeting will take place in Guadalajara, Mexico from 17-18 May 2012.
The ILO contributed a technical report to the G20 Summit in Pittsburgh (September 2009) providing a first analysis of the employment and social impact of the extraordinary fiscal stimulus measures taken by governments. The ILO estimates were recognized by the IMF and by the media. The G20 Summit in Pittsburgh gave a strong mandate of “Putting quality jobs at the heart of the recovery” spanning job creation, social protection, training, decent work and ILO fundamental principles and rights at work. The ILO has since based its contributions to the G20 on that agenda.
The ILO and the ILO Washington office provided extensive technical support to the meeting of G20 Ministers of Employment and Labor convened by the US Secretary of Labor in Washington, D.C. in April 2010. In preparation for the meeting, the ILO produced a series of background reports on the evolving employment and social protection situation in the context of the global financial crisis. "Accelerating a job-rich recovery in G20 countries: Building on experience" provides an assessment of the impact of the policy measures taken across G20 countries and identifies the policy challenges for a sustained jobs recovery. The recommendations of the Ministers, based on ILO technical inputs and centered on job creation, social protection, poverty alleviation, quality jobs, skills development and social dialogue, were welcomed by G20 Leaders at their Summit in Toronto held in June 2010.
The ILO has been working with the IMF in the context of the G20 Framework for Strong, Sustainable and Balanced Growth in the preparation of technical submissions to the Toronto and the Seoul G20 Summits. ILO contributions have established how employment policies and expanded social protection coverage in all G20 countries could substantially contribute to rebalancing the global economy, including by raising domestic consumption in current account surplus countries, including China.
The ILO (with inputs from other organizations) developed a training strategy which was welcomed by G20 Leaders in Toronto and extended by the Seoul Summit to developing countries. The ILO worked together with the WTO, World Bank and OECD to produce a report on trade and employment for the G20 Seoul Summit. The central message of the report is that countries can gain by designing trade policies together with employment policies both to expand trade and to cushion adjustments induced by trade.
The ILO provided substantive contributions to the G20 in 2011, in collaboration with the OECD, in preparation of the second meeting of the G20 Employment and Labor Ministers which took place in Paris on 26-27 September 2011.
G20 Labor Ministerial Meeting will take place in Guadalajara, Mexico from 17-18 May 2012.
What's New?
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Photograph by Charles DharapakStatement
Joint ILO/OECD Statement for G20 Labor Ministerial meeting
May 16, 2012Joint statement by ILO Director-General Juan Somavia and OECD Secretary-General Angel Gurría on the occasion of the G20 Labor and Employment Ministers Meeting, Guadalajara, Mexico, 17 May 2012.
