Multiple Transitions in Parallel Are Reshaping Labor Markets
30, AprilTechnological progress, green regulation, demographic aging, and geoeconomic developments are redefining labor supply and demand in a context of talent scarcity. The ...
ILO’s Director General confirmed the commitment to promote decent work opportunities during labour market ...
ILO’s Director General confirmed the commitment to promote decent work opportunities during labour market transitions.
The commitment to promote decent work opportunities during labour market transitions established as a part of the G20 leaders’ Declaration, said Guy Ryder, Director General of the International Labour Organization (ILO).
By the end of the G20 Summit in Hamburg, ILO’s director explained that, considering the impact that new technologies, demographic transitions, globalization and labour relations changes have on labour markets, nations must commit to promote decent work opportunities.
“The leaders Declaration acknowledges the importance of facing the challenge of creating decent work opportunities and invert the trend of growing inequalities”, said Ryder. “In fact, most of the hard issues in the current G20 agenda are even more complex, or are caused, by the unsatisfactory employment outlook”.
In addition, he pointed out that the intense discussion held by the leaders on how to design a more inclusive globalization, had as a backdrop the fragile growth expectation and the week employment outlook.
The official statement includes fundamental issues, such as employment promotion, training on skills for the future of work, women’s empowerment, integration of migrants and refugees in labour markets, climate change, decent work promotion in global supply chains, and the implementation of the 2030 Agenda for Sustainable Development.
The discussion also focused on adopting “immediate and efficient measures to eliminate child labour, forced labour, human trafficking and every kind of modern slavery by 2025”.
The official statement welcomed the Vision Zero Fund, directed by ILO, and that aims at preventing deaths and injuries linked to labour.
By acknowledging the need to reduce the gender gap in female participation in the labour market by 2025, the leaders committed to “adopt new measures to improve the quality of female employment, eliminate labour discrimination, reduce gender gaps in wages, and provide protection for women against any kind of violence”.
Source: El Economista