It is getting harder for jobseekers to return to gainful employment and for new entrants to find adequate jobs, says the ILO. THERE is little in the International Labour Organisation's (ILO) annual projection of job growth to cheer about. The year 2012 has been described as a year of stark reality. A third of the global workforce is currently unemployed or poor; that is, 200 million members of the 3.3-billion-strong global...
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World's youth fear jobless future
-AFP The world's young increasingly fear a future without jobs, according to a UN report released Monday which highlighted how the 15-30 age group risks becoming the biggest victims of austerity programs. The young doubt the education they receive will fully arm them for professional life, said the World Youth Report which questioned about 1,000 people for its study. "Young people questioned the quality of education they and their peers receive, whether or...
More »Snakes and ladders by Amartya Sen
Like many board games that were developed in India, of which chess is perhaps the most important and famous, the game of “snakes and ladders” too emerged in this country a long time ago. With its balancing of snakes that pull you down and ladders that take you up, this game has been used again and again as a metaphor for life, telling us about our fortunes and misfortunes, and...
More »World needs 600 million jobs for economic growth over the next decade-UN report
-The United Nations The world needs to create 600 million new jobs over the next decade to sustain economic growth and maintain social stability, the United Nations International Labour Organization (ILO) said in its annual report on global employment unveiled today. According to the report entitled ‘Global Employment Trends 2012: Preventing a deeper jobs crisis,’ the world faces the additional challenge of creating decent jobs for the estimated 900 million workers who...
More »'600 mn new jobs needed in next 10 yrs'
-The Financial Express The International Labour Organization has released a pessimistic report for the global jobs market in 2012 saying urgent attention is needed to create 600 million new jobs in the next 10 years. "Despite strenuous government efforts, the jobs crisis continues unabated, with one in three workers worldwide, or an estimated 1.1 billion people, either unemployed or living in poverty," said ILO director-general, Juan Somavia, in the Global Employment Trends...
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