As world leaders and wealthy business executives prepared to mingle and chat at the World Economic Forum , U.N. figures revealed Tuesday that 205 million people were unemployed last year in the wake of the financial crisis and that little improvement was expected in 2011. The International Labor Organization said the number of jobless worldwide held steady last year and is forecast to dip less than 1 per cent this year...

Despite a sharp rebound in economic growth for many countries, global unemployment in 2011 is likely to continue at the record highs of the past three years, highlighting the need for long-term policies that prioritize quality job creation, according to the United Nations labour agency. Moreover, a narrow focus in developed economies on reducing fiscal deficits without addressing the challenge of job creation will further weaken employment prospects in 2011, the...

A direct outcome of the global economic crisis has been a decline in the rate of growth of wages across the world, barring Asia and Latin America. A study by the International Labour Organisation, Global Wage Report 2010-11: Wage policies in times of crisis, highlights this reality and points to the need for countries to put in place proper social and labour market policies to protect an increasingly vulnerable workforce....

Let's assess the outcome of Cancun in terms of what the world has achieved to avert climate change. We know the threat of a changing climate is real, we in India are most vulnerable and the world needs drastic emission reduction. Just think: to keep the world below 2 degrees Celsius temperature increase, global emissions must drop to 44 billion tonnes of CO2e (all greenhouse gases) by 2020. The world...

The two day 43rd Session of the Indian Labour Conference (ILC), the apex national tripartite body that discusses key issues affecting labour and employment and provides policy perspectives and recommendations, concluded in New Delhi today. The Conference was inaugurated by Prime Minister Dr. Manmohan Singh on Tuesday 23rd November 2010. Senior level representatives of the three pillars of the tripartism, Trade Unions, Employers’ Associations and Government, participated in the deliberations...