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Employment Trendswww.ilo.org/trends Global and Regional Labour Market Information & Employment Trends and Issues Lawrence Jeff Johnson Chief, Employment.

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Presentation on theme: "Employment Trendswww.ilo.org/trends Global and Regional Labour Market Information & Employment Trends and Issues Lawrence Jeff Johnson Chief, Employment."— Presentation transcript:

1 Employment Trendswww.ilo.org/trends Global and Regional Labour Market Information & Employment Trends and Issues Lawrence Jeff Johnson Chief, Employment Trends International Labour Organisation Geneva Switzerland

2 Employment Trendswww.ilo.org/trends

3 Employment Trendswww.ilo.org/trends Global employment trends

4 Employment Trendswww.ilo.org/trends Global Unemployment trends

5 Employment Trendswww.ilo.org/trends Unemployment Rates: by region, 2005

6 Employment Trendswww.ilo.org/trends The share of working poor in total employment,

7 Employment Trendswww.ilo.org/trends US$1 working poverty around the world (global estimate 520 million in 2005)

8 Employment Trendswww.ilo.org/trends 2 dollar pie

9 Employment Trendswww.ilo.org/trends Share of US$1 working poor,

10 Employment Trendswww.ilo.org/trends Share of US$2 working poor,

11 Employment Trendswww.ilo.org/trends 430 million new entrants into the global labour force ( )

12 Employment Trendswww.ilo.org/trends Starting Point 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. The promotion of decent and productive work should be the central aim of economic development

13 Employment Trendswww.ilo.org/trends 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?

14 Employment Trendswww.ilo.org/trends Increased Productivity Increased Real Wages Poverty Alleviation Productivity & Output Growth Decent Work & Employment Growth Poverty Alleviation Sustainable & Expanding Growth Increased Earnings Increased Well-Being & Diminished Inequality Increased Investments & Demand Increased Real Earnings & Social Benefits Technological Improvements Increased Demand, Increased Output Increased Demand & Well-Being Increased Technological Change Virtuous Spiral

15 Employment Trendswww.ilo.org/trends K Key I Indicators of the Labour M Market K I L M K I L M

16 Employment Trendswww.ilo.org/trends 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?

17 Employment Trendswww.ilo.org/trends When developing indicators, one must strike a balance between: 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) Coverage Comparability

18 Employment Trendswww.ilo.org/trends Informal sector employment Hours of work Part-time workers Employment by sector Status in employment Employment-to-population ratio Labour force participation rate Key Indicators of the Labour Market  Educational attainment and illiteracy  Inactivity rate  Time-related underemployment  Unemployment by educational attainment Long-term unemployment Youth unemployment Unemployment  Poverty and income distribution  Labour market flows  Productivity and unit labour cost  Hourly compensation costs  Occupational wages rates & earnings  Real manufacturing wage indices

19 Employment Trendswww.ilo.org/trends Note: The middle curve is a smooth version of the scatter plot, obtained by cubic splines. Labour force participation rates and GDP per capita at PPP, 1990

20 Employment Trendswww.ilo.org/trends Employment by 1-digit sector level (ISIC 3), latest years

21 Employment Trendswww.ilo.org/trends Annual number of hours worked per person

22 Employment Trendswww.ilo.org/trends Growth in value added per worker, total economy (1993-latest year)

23 Employment Trendswww.ilo.org/trends Employment Trends Research Global Employment Trends Special Reports for Youth & Women WERKILM

24 Employment Trendswww.ilo.org/trends Labor Market Information & Employment Trends Lawrence Jeff Johnson Chief, Employment Trends International Labour Organisation Geneva Switzerland


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