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ILO / GLOBAL EMPLOYMENT REPORT
STORY: ILO / GLOBAL EMPLOYMENT REPORT
TRT: 2.57
SOURCE: ILO
RESTRICTIONS: NONE
LANGUAGE: ENGLISH / NATS
DATELINE: 20 JANUARY 2014, GENEVA, SWITZERLAND - FILE
1. Wide shot, press room
2. SOUNDBITE (English), Guy Ryder, Director-General, International Labour Organization:
“At a moment when we see that there is a degree of modest recovery in the growth rates in the global economy, we continue to see an increase in global unemployment. The bottom line figure for 2013, is that there are nearly 202 million people around the world unemployed, and that represents an increase of nearly five million on the previous year.”
3. Med shot, press room
4. SOUNDBITE (English), Guy Ryder, Director-General, International Labour Organization:
“Unemployment will continue to increase in the coming years to the extent that we estimate by 2018 there will be 215 million unemployed.”
5. Med shot, press room
6. SOUNDBITE (English), Guy Ryder, Director-General, International Labour Organization:
“We now have what we refer to as a global jobs gap of 62 million. And that is to say that since the crisis we see an additional 32 million unemployed, added to which we must add another 30 million, three zero million, of people who are discouraged, who have left the labour market.”
7. Med shot, report paper
8. Close up, report
9. SOUNDBITE (English), Guy Ryder, Director-General, International Labour Organization:
“Young people are the particular victims of unemployment: 74.5 million of the unemployed, aged between 15 to 24, that is one million more than the year before.”
FILE – MAY 2012 – ATHENS, GREECE
10. Various shots, employment office
FILE – MAY 2012 – MADRID, SPAIN
11. Various shots, employment office
FILE – MARCH 2013 – LILONGWE, MALAWI
12. Various shots, young men, queuing for jobs
FILE – JANUARY 2011, TUNIS, TUNISIA
13. Various shots, employment office
FILE – APRIL 2012 – NETHERLANDS
14. Various shots, employment skills training
FILE – 2011 – SOUTH AFRICA
15. Various shots, factory workers
FILE – DATE UNKNOWN – PHNOM PENH, CAMBODIA
16. Various shots, textile factory workers
The weak global economic recovery has failed to lead to an improvement in global labour markets, with global unemployment in 2013 reaching almost 202 million, the ILO said in a new report.
The Global Employment Trends 2014 report said employment growth remains weak, unemployment continues to rise, especially among young people, and large numbers of discouraged potential workers are still outside the labor market.
SOUNDBITE (English), Guy Ryder, Director-General, International Labour Organization:
“At a moment when we see that there is a degree of modest recovery in the growth rates in the global economy, we continue to see an increase in global unemployment. The bottom line figure for 2013, is that there are nearly 202 million people around the world unemployed, and that represents an increase of nearly five million on the previous year.”
Profits are being made in many sectors, but those are mainly going into asset markets and not the real economy, damaging long-term employment prospects.
On current trends, an additional 200 million jobs will be created by 2018. This is less than what is required to absorb the growing number of new entrants in to the labour market.
SOUNDBITE (English), Guy Ryder, Director-General, International Labor Organization:
“Unemployment will continue to increase in the coming years to the extent that we estimate by 2018 there will be 215 million unemployed.”
The report stressed the pressing need to integrate young people into the labour force.
SOUNDBITE (English), Guy Ryder, Director-General, International Labour Organization:
“Young people are the particular victims of unemployment: 74.5 million of the unemployed, aged between 15 to 24, that is one million more than the year before.”
In developing countries, informal employment remains widespread, and the pace of improvements in job quality is slowing down. That means fewer people are moving out of working poverty. In 2013, the number of workers in extreme poverty – living on less than $1.25 a day – declined by only 2.7 per cent globally, one of the lowest rates over the past decade, with the exception of the immediate crisis years.
Global recovery in labour markets is being held back by a deficit of aggregate demand. In many developed economies, harsh reductions in public spending and hikes in income and consumption taxes weigh heavily on private businesses and households.
SOUNDBITE (English), Guy Ryder, Director-General, International Labour Organization:
“We now have what we refer to as a global jobs gap of 62 million. And that is to say that since the crisis we see an additional 32 million unemployed, added to which we must add another 30 million, three zero million, of people who are discouraged, who have left the labour market.”
In addition, a lack of policy coordination between monetary and fiscal policies has substantially increased labour market uncertainty, with employers often reluctant to hire or make long-term investments.
Unemployment has lengthened considerably, in some countries such as Spain and Greece, jobseekers need twice as much time before landing a new job than before the crisis. And, more and more of those potential workers are discouraged and remain outside the labour force, leading to skills degradation and obsolescence.
A switch to more employment-friendly policies and rising labour incomes would boost economic growth and job creation, the report says. In emerging and developing countries, it is crucial to strengthen social protection floors and promote transitions to formal employment. This too would support aggregate demand and global growth.
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