The International Labour Organization releases 2015 World Employment Social Outlook Report
Excerpts below from article titled ILO says only one-fourth of the world’s workers have solid jobs by Abhik Chanda | AFP
The International Labour Organization’s main annual report, covering more than 180 countries and 84 percent of the global workforce, said a full three-quarters of workers have temporary or short-term contracts, held informal jobs or were in unpaid family work.
Among workers who earn salaries, only 42 percent have permanent contracts, said the ILO’s 2015 World Employment Social Outlook Report titled The Changing Nature of Jobs.
In such conditions, working is no guarantee of prosperity.
“These new figures point to an increasingly diversified world of work,” Ryder said, calling the shift from standard jobs a “departure from long-term historical patterns.”
“In some cases, non-standard forms of work can help people get a foothold into the job market,” he said, warning though that the “emerging trends are also a reflection of the widespread insecurity that’s affecting many workers worldwide today.”
There were wide regional variations in terms of solid contract-bound employment with the figure standing at around 80 percent in developed economies and central and southeastern Europe but falling to about 20 percent in South Asia and sub-Saharan Africa.
The rest were self-employed or engaged in family jobs.
“The shift we’re seeing from the traditional employment relationship to more non-standard forms of employment is in many cases associated with the rise in inequality and poverty rates in many countries,” said Ryder.
“What’s more, these trends risk perpetuating the vicious circle of weak global demand and slow job creation that has characterised the global economy and many labour markets throughout the post-crisis period.”
To read the full article by Abhik Chanda of AFP please click here.
To read and/or download the ILO’s report The Changing Nature of Jobs visit their website here.