-The United Nations Nearly 5,000 delegates today kicked off a United Nations forum in Geneva focusing on the global jobs crisis and its impact on youth, as well as social protection and rights at work. The 101st International Labour Conference comes at a time when around 30 million people have been added to the unemployed since the 2008 financial crisis, and nearly 40 million more have stopped looking for employment, according to...
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Jobs go missing -TK Rajalakshmi
The World of Work 2012 report presents a bleak picture of the global job situation. FOUR years after the global crisis erupted in 2008, organisations such as the International Labour Organisation (ILO) believe that labour markets still have not fully recovered. The world economy is not expected to grow at a sufficient pace over the next couple of years to overcome the crisis. These organisations present some depressing facts: those...
More »Economic benefits must reach Adivasis: Jairam-Prafulla Das
Maintaining his pro-Adivasi approach, Union Rural Development Minister Jairam Ramesh on Monday said the time had come to make changes in the country's economic policy keeping the interests of the Adivasi population in view. “Though the country has achieved enough economic progress, the benefit of our economic policy has not reached the Adivasi people so far. The injustice done to the Adivasis needs to be corrected with concern and care,” Mr....
More »Global jobs crisis expected to continue for some time, warns UN report
-The United Nations The global employment situation is alarming, says a new United Nations report released today, which also warns that recovery is not expected any time soon. The World of Work Report 2012: Better Jobs for a Better Economy – published by the UN International Labour Organization (ILO) – says that around 50 million jobs are still missing compared to the situation that existed before the global economic crisis. It also warns...
More »It's Official: India's growth is jobless
The robust 9 per cent –plus growth in South Asia till 2010, driven largely by India, where it came down to around 7 per cent in 2011-12, had one major qualifier: it was mostly associated with a rapid rise in labour productivity rather than an expansion in employment, according to the latest report Global Employment Trends from International Labour Office. Up until the end of the millennium, that is just a...
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