Global and regional labour market information employment trends and issues
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Global and Regional Labour Market Information & Employment Trends and Issues. Lawrence Jeff Johnson Chief, Employment Trends International Labour Organisation Geneva Switzerland. Global employment trends. Global Unemployment trends. Unemployment Rates: by region, 2005.

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Global and regional labour market information employment trends and issues

Global and Regional Labour Market Information & Employment Trends and Issues

Lawrence Jeff Johnson

Chief, Employment TrendsInternational Labour Organisation

Geneva Switzerland






Us 1 working poverty around the world global estimate 520 million in 2005
US$1 working poverty around the world(global estimate 520 million in 2005)





430 million new ent rants into the global labour force 2005 2015
430 million new entrants into the global labour force (2005-2015)


Starting point
Starting Point

  • The promotion of decent and productive work should be the central aim of economic development

  • In today’s world of widening inequality, differences in productivity emerge as an important policy factor towards creating the conditions for decent work and poverty reduction.


Policy issues
Policy Issues

  • How to ensure that we get the right balance between productivity growth and job creation for each country?

  • What are the most important rural development policies for improving productivity, generating decent employment and reducing poverty?

  • How to balance flexibility and security in the labour market to promote economy-wide productivity and growth?

  • How to overcome the “productivity divide” between large and small scale business activities?


Virtuous spiral
Virtuous Spiral

Increased Demand & Well-Being

Increased Technological Change

Sustainable & Expanding Growth

Poverty Alleviation

Increased Demand, Increased Output

Decent Work & Employment Growth

IncreasedReal Earnings & Social Benefits

Technological Improvements

Productivity & Output Growth

Increased Investments & Demand

Poverty Alleviation

Increased Well-Being & Diminished Inequality

Increased Real Wages

Increased Earnings

Increased Productivity


K I L M

Key

Indicatorsof theLabour

Market

2 0 0 5


Questions:

  • What types of economic activities are people engaged in?

  • What is the size and composition of the labour force?

  • How many hours do people work and how much do they earn for this work?

  • How many people are without work and looking for work?

  • What types of inequalities exist, for example in terms of earnings and employment situation?

  • Are earnings keeping pace with the cost of living?

  • How are youth and women faring in the labour market?


When developing indicators, one must strike a balance between:

Coverage

Comparability

Maximize scope of coverage, i.e., provide the greatest number of data points for the greatest number of countries

  • Harmonize the indicators across countries and time

  • (same type of sources, sampling procedures, methodologies and definitions)


Key Indicators of the Labour Market between:

  • Labour force participation rate

  • Employment-to-population ratio

  • Status in employment

  • Employment by sector

  • Part-time workers

  • Unemployment by educational attainment

  • Hours of work

  • Time-related underemployment

  • Informal sector employment

  • Inactivity rate

  • Unemployment

  • Educational attainment and illiteracy

  • Youth unemployment

  • Real manufacturing wage indices

  • Long-term unemployment

  • Occupational wages rates & earnings

  • Hourly compensation costs

  • Productivity and unit labour cost

  • Labour market flows

  • Poverty and income distribution


Labour force participation rates and between:GDP per capita at PPP, 1990

Note: The middle curve is a smooth version of the scatter plot, obtained by cubic splines.





Employment trends research

WER year)

KILM

Global Employment Trends

Special Reports for Youth & Women

Employment Trends Research


Labor market information employment trends

Labor Market Information & Employment Trends year)

Lawrence Jeff Johnson

Chief, Employment TrendsInternational Labour Organisation

Geneva Switzerland


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