ILO / WESO TRENDS REPORT

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16-Jan-2023 00:03:39
Faltering global employment growth and the pressure on decent working conditions risk undermining social justice, according to the ILO’s World Employment and Social Outlook: Trends 2023 report. ILO

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STORY: ILO / WESO TRENDS REPORT
TRT: 3:38
SOURCE: ILO
RESTRICTIONS: NONE
LANGUAGES: ENGLISH / NATS

DATELINE: 16 JANUARY 2022, GENEVA, SWITZERLAND / FILE


SHOTLIST:

1. Med shot, general views of ILO room with participants at virtual press conference: Manuela Tomei and Richard Samans, at ILO headquarters, Geneva, Switzerland
2. SOUNDBITE (English) Manuela Tomei, Assistant Director-General for Governance, Rights and Dialogue, ILO:
“The global economy faces a very challenging year ahead. The Ukrainian war, geopolitical tensions, disruption in supply chains, a high inflation, the tightening of monetary policies and great uncertainty overall are all contributing to depressing the prospects for labour markets. The growth of global employment is projected to slow to 1%, which is half of the growth of employment in 2022, and it's 0.5% points lower than what the ILO had projected last year.”
3. SOUNDBITE (English) Manuela Tomei, Assistant Director-General for Governance, Rights and Dialogue, ILO:
“As far as unemployment is concerned, we are anticipating that there will be a rise of 3 million unemployed in 2023. If we are taking a new measurement of unemployment, which is the
global employment gap which captures the unmet demand for employment. So, in addition to the 208 million of unemployed looking for a job, there are other 267 million people who would like
to work but are not working either because they are discouraged. They have been looking for a job unsuccessfully and they have decided to stop looking for it and others that would like to work. But
because of family responsibilities, for instance, are not in a position to make themselves available for paid employment.”
4. SOUNDBITE (Spanish) Manuela Tomei, Assistant Director-General for Governance, Rights and Dialogue, ILO:
“Se prevé para el año 2023 una reducción en cuanto a la tasa de crecimiento del empleo. Habrá una reducción de 1% con variaciones a nivel regional. Se prevé también un aumento del desempleo.
Habrá 3 millones de desempleados más a nivel global, lo cual va a llevar la cifra de desempleados a 208 mil millones a nivel mundial.”

OCTOBER 2022, MADAGASCAR

5. Various shots, young job seeker looking at offers, textile factory workers, workers in a call center

STORYLINE

Faltering global employment growth and the pressure on decent working conditions risk undermining social justice, according to the ILO’s World Employment and Social Outlook: Trends 2023 report.

The current global economic slowdown is likely to force more workers to accept lower quality, poorly paid jobs which lack job security and social protection, so accentuating inequalities exacerbated by the COVID-19 crisis, according to a new International Labour Organization (ILO) report.

The ILO’s World Employment and Social Outlook: Trends 2023 (WESO trends), also projects that global employment growth will be only 1.0 per cent in 2023, less than half the level in 2022. Global unemployment is slated to rise slightly in 2023, by around 3 million, to 208 million (corresponding to a global unemployment rate of 5.8 per cent).

The moderate size of this projected increase is largely due to tight labour supply in high-income countries. This would mark a reversal of the decline in global unemployment seen between 2020-2022. It means that global unemployment will remain 16 million above the pre-crisis benchmark (set in 2019).
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