Over the past three decades, as developing economies industrialized and began to compete in world markets, a global labor market started taking shape. As more than one billion people entered the labor force, a massive movement from “farm to factory” sharply accelerated growth of productivity and per capita GDP in China and other traditionally rural nations, helping to bring hundreds of millions of people out of poverty. To raise productivity, developed economies invested in labor-saving technologies and tapped global sources of low-cost labor.
Today, the strains on this market are becoming increasingly apparent. In advanced economies, demand for high-skill labor is now growing faster than supply, while demand for low-skill labor remains weak. Labor’s overall share of income, or the share of national income that goes to worker compensation, has fallen, and income inequality is growing as lower-skill workers—including 75 million young people—experience unemployment, underemployment, and stagnating wages.
The Recommendation requests countries to implement their Social Protection Floors as early as possible in national development processes .
Countries are encouraged to establish social protection floors (**) as a “fundamental element of their national social security systems” and as part of their social, economic and environmental development plans. Those countries who cannot afford the basic social protection measures could seek international cooperation and support to complement their own efforts.
The new ILO Recommendation is the first autonomous one to be voted on social security in 68 years. It comes 24 years after the last legal instrument on social protection was discussed by delegates from governments, workers and employers back in 1988.
"Over 100,000 girls and women in South Asia are set to benefit from a new initiative by the International Labour Organization and the UK Department for International Development, which aims to prevent trafficking within the region and to the Middle East. "
Conflict zone pressure rises on companies
By Hugh Williamson in LondonPublished: January 12 2011 13:17 | Last updated: January 12 2011 13:17
Multinational companies are facing new pressure to tighten their operating standards in developing countries and conflict zones, including better risk assessments and grievance mechanisms, according to the leading global expert in the field.
John Ruggie, United Nations special representative for business and human rights, told a London audience on Tuesday evening that a framework of tougher standards he had drafted "has acquired a life of its own" even before it is voted on in the UN's Human Rights Council in June.
To achieve these objectives, we ask our Leaders to consider the following policy recommendations:
I – Improve active employment policies, particularly for young people and other vulnerable groups
II – Strengthen social protection by establishing social protection floors adapted to each country
III – Promote effective application of social and labour rights
IV – Strengthen the coherence of economic and social policies
(8) Consolidate employment as a priority of economic policy
9) Preparing our young people to find decent jobs
Accordingly, we agree on the following recommendations:
(10) Labour market policies for better social inclusion and access to jobs
(11) Employment policies informed by the contribution of relevant international organisations
Accordingly, we agree on the following recommendations:
(15) Develop nationally defined social protection floors with a view to achieving strong, sustainable and balanced economic growth and social cohesion
(16) Encourage international organisations to coordinate their actions more effectively to help countries develop nationally determined social protection floors
(17) Ensure effective financing for the implementation of nationally determined social protection floors
(21) Ensure respect of the Fundamental Principles and Rights at Work
(22) Promote international labour standards
(26) Fully implement the 2008 Declaration on Social Justice for a Fair Globalisation
(27) Strengthen our policy coherence
(28) Further enhance coordination among international organisations
we recommend setting up an intergovernmental task force on employment, composed of the G20 representatives, with the contribution of relevant international organisations and consulting social partners as appropriate. The task force will provide input to the G20 Labour and Employment ministerial meeting to be held under the Mexican Presidency in 2012. Its objectives and mandate are set out in the Annex.
Jayati Ghosh says aid from Britain benefits the UK more than it does India, and makes a negligible difference to relieving poverty. She discusses India's rapid growth and its social and economic inequality, and calls for an economic strategy that focuses on secure employment
Under the “Partnership Agreement for Promoting Technical Cooperation with a Focus on South-South Initiatives”, the People’s Republic of China is committing US$1 million over three years to support South-South cooperation and the Decent Work agenda. The Ministry of Human Resources and Social Security of the People’s Republic of China will assist developing countries in Asia promote full employment and decent work, through innovative technical cooperation projects that will facilitate the dissemination of good practices.
The agreement makes China the second of the so-called BRICS countries (Brazil, China, India, the Russian Federation, and South Africa) to sign a South-South agreement with the ILO.