Crisis response

APEC economies: inclusive growth and jobs based on the Global Jobs Pact

APEC social security ministers endorse the ILO Global Jobs Pact as a solution to promote employment and economic growth.

News | 29 October 2010

Asia-Pacific Economic Cooperation (APEC) Ministers responsible for social security and human resources met last month in Beijing for the fifth APEC Human Resources Development Ministerial Meeting under the theme "Developing Human Resources, Vigorously Promoting Employment and Realizing Inclusive Growth".

Concerned with developing an inclusive growth agenda and carrying out the Leaders' priorities to "put job creation at the heart of our economic strategy and enhance cooperation to address the social implications of globalization", APEC ministers recognized that economic recovery is uneven and fragile. The joint ministerial statement says that “across our economies many labour market concerns remain, such as jobless growth, persistent unemployment and underemployment, increasing numbers of discouraged workers and widespread informal employment.”

In addressing both short-term and long-term labour market challenges, APEC economies will have to consider an aging population and an increasing demand for a flexible and adaptable skilled work force, in order to achieve a sustained economic recovery and job-rich growth in the future.

Ministers agreed to several outcomes including an Action Plan, an APEC Skills Development Promotion Project and a Multi-year Technical Cooperation Project, all focused on employment promotion, social protection and the development of social safety nets.

“ We will move forward on the basis of the Global Jobs Pact adopted in Geneva at the 98th International Labour Conference in June 2009 and the Recommendations to G20 Heads of State, where relevant, adopted at the G20 Labour/Employment Ministers' Meeting held in Washington on 20-21 April 2010,” APEC Ministers said in the joint statement.

The meeting provided an excellent opportunity for participants to share knowledge and experience in their response to the economic and job crisis and deliberate over “how to achieve inclusive growth through adopting employment-oriented macro policies, developing human resources and improving social safety nets.”

For more information about the Global Jobs Pact and its implementation at national level, please contact jobspact@ilo.org