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ILO / WORLD EMPLOYMENT TRENDS
STORY: ILO / WORLD EMPLOYMENT TRENDS
TRT: 02:12
SOURCE: ILO
LANGUAGE: ENGLISH / NATS
RESTRICTIONS: NONE
DATELINE: 12 JANUARY 2017, GENEVA, SWITZERLAND
1. Wide shot, press room
2. SOUNDBITE (English) Guy Ryder, Director-General, International Labour Organization (ILO):
“We expect global unemployment to increase by three point four million in 2017 and that will bring the global unemployment level to 201 million in the year that's beginning.”
3. Med shot, journalists
4. SOUNDBITE (English) Guy Ryder, Director-General, International Labour Organization (ILO):
“Many countries around the world in all regions continue to strive to repair the damage to the labour markets caused by the crisis that broke in 2008 at the time when more and more people are entering the workforce each year and this of course together means that there are major challenges for the task of creating a significant and sufficient number of quality jobs of decent jobs in the ILO's parlance.”
5. Close up, journalist typing
6. SOUNDBITE (English) Guy Ryder, Director-General, International Labour Organization (ILO):
“Despite the marginal improvement in economic growth foreseen for next year this will not be enough to stop unemployment in the world are growing so we're going to see three point four million more people unemployed in the world in 2017.”
7. Wide shot, dais
8. SOUNDBITE (English) Guy Ryder, Director-General, International Labour Organization (ILO):
“Unfortunately these trends mean that we will fail to make necessary progress in reducing vulnerable unemployment, in reducing working poverty and we need to be attentive to these qualitative as well as quantitative dimensions.”
9. Pan right, press room
10. SOUNDBITE (English) Guy Ryder, Director-General, International Labour Organization (ILO):
“All of these trends mean the problems of inequality, disparities in our societies are going to continue. These represent not only a social problem but also a real economic problem. These are in themselves a brake on economic growth and job creation. So the message I think in Davos has to be don't sit back. We need to make greater efforts to pull our global economy out of the after effects of the crisis of 2008 and we need to do it at the international level at a time when there is a lot of uncertainty out there. Let's make sure that international cooperation and focus remains on the jobs crisis.”
1. Close up, ILO report
The global unemployment rate is expected to rise modestly from 5.7 to 5.8 per cent in 2017 representing an increase of 3.4 million in the number of jobless people, a new ILO report shows.
ILO chief Guy Ryder said “we expect global unemployment to increase by three point four million in 2017 and that will bring the global unemployment level to 201 million in the year that's beginning.”
The number of unemployed persons globally in 2017 is forecast to stand at just over 201 million - with an additional rise of 2.7 million expected in 2018 - as the pace of labour force growth outstrips job creation, according to the ILO 's World Employment and Social Outlook - Trends 2017 (WESO).
Ryder said “many countries around the world in all regions continue to strive to repair the damage to the labour markets caused by the crisis that broke in 2008 at the time when more and more people are entering the workforce each year and this of course together means that there are major challenges for the task of creating a significant and sufficient number of quality jobs of decent jobs in the ILO's parlance.”
He said that “despite the marginal improvement in economic growth foreseen for next year this will not be enough to stop unemployment in the world are growing so we're going to see three point four million more people unemployed in the world in 2017.”
The report warns that global uncertainty and the lack of decent jobs are, among other factors, underpinning social unrest and migration in many parts of the world.
Ryder said “unfortunately these trends mean that we will fail to make necessary progress in reducing vulnerable unemployment, in reducing working poverty and we need to be attentive to these qualitative as well as quantitative dimensions.”
He said “all of these trends mean the problems of inequality, disparities in our societies are going to continue. These represent not only a social problem but also a real economic problem. These are in themselves a brake on economic growth and job creation.”
According to the report, between 2009 and 2016, the share of the working age population willing to migrate abroad has increased in almost every region of the world, except for Southern Asia, South-Eastern Asia and the Pacific. The largest rise took place in Latin America, the Caribbean and the Arab States.
Turning to policy recommendations, the authors estimate that a coordinated effort to provide fiscal stimulus and an increase in public investment that takes into account each country's fiscal space would provide an immediate jump-start to the global economy and reduce global unemployment in 2018 by close to 2 million compared to our baseline forecasts.
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