Brussels, 25 January 2011 (ITUC OnLine): Today’s Global Employment Trends report from the International Labour Organization (ILO) confirms that, despite improvements in many economic indicators, global unemployment remains at crisis levels.
“The job market is by far the most important part of the economy and the ILO’s report underlines the severity of world unemployment,” said ITUC General Secretary Sharan Burrow. “The fact that more than 205 million workers remain unemployed is of major concern, and tackling this crisis must be the primary focus of economic policy.”
The global unemployment rate barely edged down from 6.3% in 2009 to 6.2% in 2010. Today’s report projects 6.1% in 2011, which is still significantly above the pre-crisis rate of 5.6%. The youth unemployment rate is more than twice as high, with employment not keeping up to population growth. The report indicates that the worldwide ratio of employment to population fell between 2009 and 2010.
The ITUC applauds the ILO’s conclusion that “it is crucial to maintain or enhance measures that can help boost employment generation and jump-start a sustainable jobs recovery. Improved labour market outcomes would support a broader macroeconomic recovery and could help offset the adverse effects of fiscal consolidation.”
However, the ITUC takes issue with the report’s assertion that, in developed countries, “Policies are needed to boost labour productivity in order to reduce unit labour costs and enhance competitiveness.”
The labour movement strongly supports boosting productivity, but believes that wages should rise along with it. Unions reject the goal of reducing unit labour costs because it means that wages fail to keep pace with productivity.
“Higher wages and more consumer demand should be the basis for sustainable growth,” said Burrow. “The way to address global trade imbalances is through a larger expansion of purchasing power in developing countries, not for developed countries to enter a competitive race to the bottom.”
The ITUC represents 176 million workers in 301 affiliated national organisations from 151 countries and territories. Website: http://www.ituc-csi.org and http://www.youtube.com/ITUCCSI
For more information, please contact the ITUC Press Department on: +32 2 224 0204 or +32 476 621 018
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
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October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
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