In 2024, global employment expanded in line with a growing labour force, keeping the global unemployment rate steady at 5 per cent, similar to that of 2023. Slowing productivity growth remains a major bottleneck with respect to expanding the opportunities for decent work. On the back of stable unemployment rates, …
In 2024, global employment expanded in line with a growing labour force, keeping the global unemployment rate steady at 5 per cent, similar to that of 2023. Slowing productivity growth remains a major bottleneck with respect to expanding the opportunities for decent work. On the back of stable unemployment rates, …
This report aims to improve the understanding of the role of nature-based solutions (NbS) in the world of work and in a just transition towards environmentally sustainable and inclusive economies and societies. NbS hold significant potential to advance global sustainable development and potentially generate 20–32 million new jobs by 2030 …
India's unemployment rate is likely to decline by as much as 97 basis points by 2028 as the country's economy hits the USD 5 trillion mark, fuelling a rise in employment, a new report said. Unemployment rate -- the percentage of people in the labour force who are without jobs …
India remains poised to take advantage of its demographic dividend with strong improvements in education levels, which are a key determinant of accessing better quality jobs. At the same time, youth’s aspirations are evolving, which needs to be matched with the type of employment available in the labour market. These …
Forced labour in the private economy generates US$236 billion in illegal profits per year, a new report from the International Labour Organization (ILO) has found. The total amount of illegal profits from forced labour has risen by US$64 billion (37 per cent) since 2014, a dramatic increase that has been …
Digitalization is the transformational opportunity of our time. The digital sector has become a powerhouse of innovation, economic growth, and job creation. Value added in the IT services sector grew at 8 percent annually during 2000–22, nearly twice as fast as the global economy. Employment growth in IT services reached …
India's unemployment rate dropped to 3.1 per cent in 2023 from 3.6 per cent in the preceding year, reflecting continued improvement in the labour markets, revealed the latest employment-unemployment indicators report released by the National Statistical Office (NSO). During the calendar year 2023 (CY23), the unemployment rate in both rural …
The Rwanda Economic Update edition 22 reviews the country’s macroeconomic performance and prospects and includes a special section focusing on Mobilizing Domestic Savings to Boost the Private Sector in Rwanda. In 2023, Rwandan economy demonstrated resilience, achieving a 7.6 percent growth in a challenging global environment. This growth was largely …
This study uses household survey data from 58 countries around the world to compare the labour market outcomes of rural and urban workers, taking into account the specific socio-demographic characteristics of rural populations. It also provides an overview of the legal frameworks that can be used to address rural-urban employment …
Considering the importance of availability of labour force data at more frequent time intervals, National Sample Survey Office (NSSO) launched Periodic Labour Force Survey (PLFS) in April 2017. On the basis of PLFS, Quarterly Bulletins are brought out, corresponding to different quarters of the survey period, giving estimates of labour …
The Finance Ministry allocated 22 per cent less funds for MGNREGA in revised estimates for the current financial year (2023-24), as compared to Rs 1.1 lakh crore sought by the Rural Development Ministry, shows a Parliamentary committee report tabled in the Lok Sabha on February 08, 2024. The report – …
This study aims to understand how climate-related risks and hazards are reshaping traditional avenues of job entry and employment, particularly for young people in Pakistan. This brief is aimed at policymakers, academia, international/non-governmental organizations (I/NGOs) and civil society groups, who can use these messages to develop and implement youth-focused programmes …
Labour markets have shown surprising resilience despite deteriorating economic conditions, but recovery from the pandemic remains uneven as new vulnerabilities and multiple crises are eroding prospects for greater social justice, according to a new International Labour Organization (ILO) report. The ILO’s World Employment and Social Outlook Trends: 2024 (WESO Trends) …
This report highlights the socioeconomic contributions of the geothermal sector, including the potential opportunities and benefits that can be enhanced at national and local levels throughout geothermal projects’ development and operation. The report was prepared using qualitative data from over 40 stakeholders in the geothermal industry, including governments, industry associations, …
The Asia-Pacific Population and Development Report 2023 was prepared in conjunction with the Seventh Asian and Pacific Population Conference (APPC). It brings together the latest evidence on the priority actions of the Asian and Pacific Ministerial Declaration on Population and Development (APMD), with a particular focus on SDG indicators. It …
This report provides the following broad recommendations on how the adverse effects of an energy transition in the state of Jharkhand could be minimized which include: State-owned mining and power generation companies leveraging their large balance sheets and in-house expertise to diversify into other related businesses, that are likely to …
Research on migration and urban development in Africa has primarily focused on larger cities and rural-to-urban migration. However, 97 percent of Africa’s urban centers have fewer than 300,000 inhabitants, and a sizable share of urban migrants come from other urban areas. A more holistic and dynamic perspective, incorporating migration flows …
The government of Malawi, under its recent national development strategy and vision (Malawi 2063), plans to transform the country into an upper-middle-income country by 2063. Achieving this goal will require strengthening efforts to foster high and sustained economic growth. It will also require ensuring that current and future growth have …
Disability-inclusive business opens a new horizon to accelerate the effective implementation of disability-inclusive development. Disability-inclusive development ensures the meaningful participation of persons with disabilities in all their diversity and the promotion and practice of mainstreaming their rights into all areas of development. Business has a pivotal role to play in …
Progressive policies are critical to boost the socio-economic benefits of the energy transition and spread them broadly across the world, this new report released by the International Renewable Energy Agency (IRENA) ahead of the UN Climate Conference COP28 in Dubai finds. Volume 2 of IRENA’s World Energy Transitions Outlook 2023, …
