23 Jan 2012

ILO / GLOBAL TRENDS 2012

Despite government interventions around the globe, the jobs crisis is continuing according to the International Labour Organization. ILO

Posted at: January 23, 2012 7:26 pm

Duration: 02:39

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STORY: ILO / GLOBAL TRENDS 2012
TRT: 2.39
SOURCE: ILO
RESTRICTIONS: NONE
LANGUAGE: ENGLISH / NATS

DATELINE: 23 JANUARY 2012, GENEVA SWITZERLAND / FILE

SHOTLIST:

FILE – 2010, BUENOS AIRES, ARGENTINA

1. Wide shot, 9 of July Ave. in Buenos Aires City, 
2. Various shots, queues of unemployed outside job centre

FILE – DECEMBER 2010, GERMANY

3. Pan left, workers in industrial factory
4. Med shot, woman filling box with paper in factory

23 JANUARY 2012, GENEVA SWITZERLAND

5. SOUNDBITE (English) Steven Kapsos, Labour Economist, ILO:
"In addition to that you've got another 900 million people around the world who are working, working very hard, but they are living with their families below the two dollar a day poverty line.  In total, one out of every three workers around the world today is either unemployed or poor."

FILE – 2010, BUENOS AIRES, ARGENTINA

6. Tracking shot, unemployed men in queue
7.  Various shots, 'cartoneros', people who collect cardboard on street to sell

FILE – DECEMBER 2011, TUNIS, TUNISIA

8. Wide shot, people at employment agency 
9. Med shot, young man looks at job ads on bulletin board

FILE - DECEMBER 2010, SERBIA

10. Med shot, men gathered outside looking at their mobile phones

FILE – DECEMBER 2011, TUNIS, TUNISIA

11. Wide shot, woman speaking to member of staff at employment agency office
12. Med shot, woman speaking to member of staff at employment agency office

FILE – FEBRUARY 2011, INDIA

13. Wide shot, rural women working on water irrigation project

FILE – 2008, MOLDOVA

14. Various shots, farmer woman digging grain in barn
15. Wide shot, Informal street vendor sells water melons
16. Various shots, farmers work in fruit tree field

FILE – DECEMBER 2011, TUNIS, TUNISIA

17. Various shots, informal street vendors

23 JANUARY 2012, GENEVA SWITZERLAND

18. SOUNDBITE (English) Steven Kapsos, Labour Economist, ILO:
"If we have a very rapid solution to the Euro debt crisis we could see an improvement of about one million in terms of a reduction in unemployment versus our baseline forecast.  But if the situation deteriorates further, we could see global unemployment rise above 204 million by the end of the year."

FILE – 2010, BUENOS AIRES, ARGENTINA

19. Various shots, job seekers in Argentina looking at classifieds in newspaper
20. Med shot, woman at desk in employment agency

FILE – JULY 2011, BANGKOK, THAILAND

21. Med shot, street scene

FILE – 2011, CANNES, FRANCE

22. Various shots, G20 summit in Cannes

23 JANUARY 2012, GENEVA SWITZERLAND

23. SOUNDBITE (English) Steven Kapsos, Labour Economist, ILO:
"Fiscal stimulus still has a role to play. It's clear that governments are facing very strained public resources and are facing difficulties raising funds in capital markets.  That's not to say that there still can't be support measures to labour markets.  But what's really needed is coordinated policy action among policy makers around the world to begin to reduce the fear and uncertainty in the market place."

FILE – DECEMBER 2011, TUNIS, TUNISIA

24. Various shots, young people sat around fountain

STORYLINE:

Despite government interventions around the globe, the jobs crisis is continuing according to the International Labour Organization.

The ILO's Global Employment Trends report says the world faces an "urgent challenge" of creating 600 million productive jobs worldwide in the next decade.

SOUNDBITE (English) Steven Kapsos, Labour Economist, ILO:
"In addition to that you've got another 900 million people around the world, who are working, working very hard, but they are living with their families below the two dollar a day poverty line.  In total, one out of every three workers around the world today is either unemployed or poor."

The rate of decline in working poverty has slowed sharply during the crisis with 55 million more working poor in 2011 than expected based on pre-crisis trends.

Other stark statistics point to nearly 75 million young people between the ages of 15 and 24 who are unemployed worldwide. They are nearly three times more likely to be unemployed than adults.

And the ILO found that people in "vulnerable employment", those who work in self-employment or as unpaid family workers, is now one and a half billion people worldwide, up 23 million since 2009.

The report on global employment is projecting hard times for job seekers in 2012, even under the most positive scenarios.

SOUNDBITE (English) Steven Kapsos, Labour Economist, ILO:
"If we have a very rapid solution to the Euro debt crisis we could see an improvement of about one million in terms of a reduction in unemployment versus our baseline forecast.  But if the situation deteriorates further, we could see global unemployment rise above 204 million by the end of the year."

There is a bright spot, active government intervention especially in the larger emerging economies of Latin America and East Asia, have managed to create jobs during the crisis.

But the ILO points out that government stimulus packages can only go so far without threatening the sustainability of public finances.

SOUNDBITE (English) Steven Kapsos, Labour Economist, ILO:
"Fiscal stimulus still has a role to play.  It's clear that governments are facing very strained public resources and are facing difficulties raising funds in capital markets.  That's not to say that there still can't be support measures to labour markets.  But what's really needed is coordinated policy action among policy makers around the world to begin to reduce the fear and uncertainty in the market place."

Until that happens, the global jobs crisis is likely to continue, with no relief in sight.