The ILO launches its annual report “World of Work Report 2012: Better Jobs for a Better Economy”. The new study examines the performance of
different countries since the start of the global crisis through the prism of the quantity and quality of jobs.
Women and youth are disproportionately affected by unemployment and job precariousness.....
Non-income dimensions of inequality are on the rise. Additionally, there are non-income dimensions of inequality that are not reflected in the data coefficients. These dimensions of global inequality include inequalities in health, access to education, employment, gender, etc., which, apart from exacerbating poverty, also lead to greater marginalization within society.
The share of informal employment remains high, standing at more than 40 per cent in two-thirds of emerging and developing countries for which data are available. This Report calls for countries to put in place the necessary conditions for a dramatic shift in the current policy approach. It highlights the need for an approach that recognizes the importance of placing jobs at the top of the policy agenda and the need for coherence among macroeconomic, employment and social policies. This requires a significant change in domestic and global governance, which is a complex task. Though the task is demanding, even progressive steps in this direction will be rewarded with better job prospects and a more efficient economy.
