G20 Leaders' Summit
The rapid changes affecting the world of work, as well as the need to reshape lifelong learning, strengthen social protection and leave no one behind, were at the centre of discussions at the G20 Labour Ministers’ meeting in Argentina. Ministers of Education joined them for the first time.
G20: Facts and figures
- Annual economic growth in the G20 as a whole averaged 3.3 per cent between 2014 and 2016, below the rate of 3.9 per cent registered over the period 2000-07.
- The G20 unemployment rate remained elevated at 5.4 per cent in 2016, though it has declined from its decade-high 6.1 per cent in 2009.
- In 2016, youth in G20 were 3 times more likely to be unemployed than their adult counterparts.
- The labour force participation rate in the G20 was at 62.2 per cent in 2016, down by over 2 percentage points since 2007.
- Labour force participation rates among women in the G20 were 26 percentage points lower than their male counterparts in 2016.
- G20 countries are key actors in global value chains, accounting for over 77 and 70 per cent of global exports and imports, respectively.
- Half of the world’s international migrants live in G20 countries.
Women at work
Global Supply Chains