Friday, January 26, 2007

[IWS] ILO: GLOBAL EMPLOYMENT TRENDS 2007 [25 January 2007]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

International Labour Organization (ILO)


Global Employment Trends 2007 [25 January 2007]
http://www.ilo.org/public/english/employment/strat/stratprod.htm
or
http://www.ilo.org/public/english/employment/strat/global.htm

Brief of Report
http://www.ilo.org/public/english/employment/strat/download/getb07en.pdf
[full-text, 12 pages]

Includes TABLES....


Press Release 25 January 2007
Global Employment Trends 2007
Global unemployment remains at historic high despite strong economic growth
Modest gains in reducing working poverty
http://www.ilo.org/public/english/bureau/inf/pr/2007/2.htm

Thursday 25 January 2007 (ILO/07/02)

GENEVA (ILO News) - The number of people unemployed worldwide remained at an historical high in 2006 despite strong global economic growth, the International Labour Office (ILO) said in its annual < http://www.ilo.org/public/english/employment/strat/stratprod.htm> Global Employment Trends (< http://www.ilo.org/public/english/bureau/inf/pr/2007/2.htm#1> Note 1) released today.

The ILO's "Global Employment Trends Brief 2007" reported that even though more people are working globally than ever before, the number of unemployed remained at an all time high of 195.2 million in 2006 or at a global rate of 6.3 per cent. This rate was almost unchanged from the previous year.

The ILO also reported only modest gains in lifting some of the world's 1.37 billion working poor - those working but living on less than the equivalent of US$ 2 per person, per day - out of poverty, stressing that there weren't enough decent and productive jobs to raise them and their families above the US$ 2 poverty line.

"The strong economic growth of the last half decade has only had a slight impact on the reduction of the number of workers who live with their families in poverty and this was only true in a handful of countries. In addition growth failed to reduce global unemployment", said ILO Director-General Juan Somavia. "What's more, even with continued strong global economic growth in 2007 there is serious concern about the prospects for decent job creation and reducing working poverty further."

The report said that in order to maintain or reduce unemployment rates, the link between growth and jobs must be reinforced. It said creation of decent and productive jobs - not just any jobs -was a prerequisite for reducing unemployment and slashing the number of families working but still living in poverty. This in turn is a precondition for future development and economic growth.

Other findings in the trends report showed that:
   * For the last decade, economic growth has been reflected more in rising levels of productivity and less in growing employment. While world productivity increased by 26 per cent the global number of those in employment rose by only 16.6 per cent.
   * Unemployment hit young people (aged 15 to 24) the hardest, with 86.3 million young people representing 44 per cent of the world's total unemployed in 2006.
   * The employment gap between women and men persists. In 2006, only 48.9 per cent of women aged 15+ were working compared to 49.6 per cent in 1996. The comparable male employment-to-population ratios were 75.7 in 1996 and 74.0 in 2006.
   * In 2006, the share of the service sector in the global employment progressed from 39.5 per cent to 40 per cent and, for the first time, overtook the share of agriculture that decreased from 39.7 per cent to 38.7 per cent. The industry sector represented 21.3 per cent of total employment.

AND MORE....

______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************






<< Home

This page is powered by Blogger. Isn't yours?