ILO, International Labour Organization (2025) World employment and social outlook trends 2025. International Labour Organization (ILO). ISBN 9789220411599
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Strong headline employment indicators hide persistent structural weaknesses on global labour markets. Although unemployment has stabilized at a historical low, informal employment, gender gaps and working poverty have shown little or no improvement following the return to pre-pandemic trends. Lacklustre productivity growth in major economic markets in Europe and Asia amidst slowing structural transformation towards manufacturing and high-value-added services is also preventing the recovery of real disposable incomes from the losses incurred during the most recent inflationary period. Manufacturing, once a driver of economic growth and productive employment, has experienced a protracted period of stagnation, which has exacerbated spatial inequalities both within and across countries. On current trends, no further improvements in decent work from the 2015 baseline are to be expected by 2030. This year’s World Employment and Social Outlook: Trends provides a comprehensive assessment of structural imbalances in labour markets alongside the ongoing transformation of the global economy. It analyses global patterns, regional differences, and outcomes across groups of workers. For the first time, it offers an analysis of subnational trends in selected countries. The report also offers labour market projections for 2025 and 2026. Finally, it presents trends in labour force participation, employment growth, and informality and analyses their contributions to structural labour market deficits.
Item Type: | Books |
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Keywords: | International Labour Organization (ILO), Labour Markets, Labour Productivity, Sustainable Development Goals (SDGs), Economic Development, Vulnerabilities, Gross Domestic Product (GDP), Women |
Subjects: | Decent Work |
Depositing User: | Kokila ICSF Krish |
Date Deposited: | 21 May 2025 04:14 |
Last Modified: | 21 May 2025 04:14 |
URI: | http://icsfarchives.net/id/eprint/22067 |
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