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World of Work Report 2013
Report

World of Work Report 2013

Repairing the Economic and Social Fabric

ILO
ILO, 2013
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Editorial Rating

8

Qualities

  • Controversial
  • Analytical
  • Scientific

Recommendation

Despite pockets of improvement in global employment since the financial crisis, many skeptics have characterized the current economic environment as a jobless recovery and expect unemployment to increase in 2014. This report from the International Institute for Labour Studies takes a hard look at the economic facts behind the published statistics. It makes a persuasive argument for ways in which countries might help improve their job and income prospects and thereby stimulate their economic growth. Those in favor of government involvement in addressing economic problems will find ample backing for their position here, while supporters of limited government are likely to disagree with this paper’s conclusions. Nonetheless, from its always-neutral perch, getAbstract believes this well-researched paper provides substantial food for thought on the topic of chronic global unemployment.

Take-Aways

  • While the global employment picture has brightened since the financial crisis, it’s still not back to pre-crisis levels. In many places, employment has dropped.
  • Emerging and developing economies have recovered better than developed nations.
  • Fully one-third of the world’s economies have seen unemployment climb since 2007, while another 37% have had insufficient jobs improvement.

About the Author

An independent arm of the International Labour Organization, the International Institute for Labour Studies conducts research and educational programs on work-related issues.

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