More than 70 per cent of workers lack unemployment protection: ILOListen /
More than 70 per cent of workers worldwide have no statutory access to unemployment insurance or any type of unemployment assistance, according to the International Labour Organization (ILO).
The ILO says that unemployment insurance schemes exist in 72 countries out of 198 monitored by the agency, most of them being middle- and high-income countries.
Donn Bobb reports.
The ILO says the proportion of unemployed workers without any such income security is even higher (86 per cent), if one includes those who haven't paid social security contributions long enough to qualify for unemployment benefits, as many unemployment insurance schemes are based on contributions.
ILO social protection expert Florence Bonnet says "this means that more than 86 per cent of the almost 40 million people who dropped out of the labour market since 2008, found themselves without a regular income from one day to the other."
Young people are particularly affected. If they become unemployed after a short period of having entered the labour market, then they might not have paid into social security long enough to qualify for unemployment benefits.
According to the ILO only 16 countries provide income support for unemployed young people as first-time jobseekers.
Donn Bobb, United Nations.