Thursday, May 24, 2007
Key Indicators of the Labour Market
The latest KILM report provides the evidence to show that global economic growth is increasingly failing to translate into new and better jobs that lead to a reduction in poverty. Within this global trend, different regions show mixed results in terms of job creation, productivity results, wage improvements and poverty reduction
“The key message is that up to now job and income security for the world’s workers has been an afterthought in global development. Globalization has so far not led to the creation of sufficient and sustainable decent employment opportunities around the world. That has to change, and many leaders are increasingly aware of the need to make decent work for all a central plank of all economic and social policies. This report can be a useful tool for promoting that objective.” - ILO Director-General Juan Somavia.
See full Press Release.