World Of Work Report 2014

The World of Work Report 2014 assembles new evidence based on a detailed examination of trends and policy innovations in over 140 developing countries. It finds that strategies that focus on promoting decent work opportunities tend to yield sustained development results. The report also provides an evidence-based contribution to the debate on the post-2015 development agenda.

The World of Work Report provides a comprehensive analysis of recent labor market and social trends, assesses risks of social unrest, and presents employment projections for the next five years. The report addresses the following questions: - To what extent has the slow recovery aggravated social conditions, including falling incomes, deepening poverty, and worsening inequality? - Have countries gone too far, too fast with fiscal consolidation? How should they support recovery while meeting fiscal goals in the medium term? - What can be expected from recent labor market reforms? - How can investment be boosted so as to ensure a long-lasting recovery in both the economy and jobs? - What have been the barriers to implementing a more job-centered and equity-enhancing policy approach? Why has the business-as-usual scenario maintained its centrality despite the increasing risk of social unrest? The report calls for a policy approach that takes into consideration the urgent need to create quality jobs and also lays the ground for a more productive, fairer economy and labor market.

This report provides an overview of global and regional trends in employment, unemployment, labour force participation and productivity, as well as dimensions of job quality such as employment status, informal employment and working poverty. It also examines income and social developments, and provides an indicator of social unrest. Key findings are that are unemployment is projected to rise after a long period of stability, and that many people are working fewer paid hours than they would like or lack adequate access to paid work. The report also takes a close look at decent work deficits and persistent labour market inequalities, noting that income inequality is higher than previously thought.

Economic recovery from the worldwide financial crisis remains weak and uneven, resulting in persistently high unemployment in some countries and growing job precariousness almost everywhere. This report shows that a sustainable, job-rich recovery is possible--provided that the factors that led to the crisis are tackled. The report provides answers to these key questions: - When will employment recover strongly enough to mitigate the effects of the crisis? - Is there a significant risk that the poor employment prospects will lead to social unrest and erode confidence in policymakers' ability to provide fair solutions to the crisis? - Do governments have adequate maneuvering room to support employment recovery while reducing budget deficits? - How can well-designed employment and wage policies support more balanced growth in countries with large trade surpluses, paving the way for a sustainable global recovery? - In what ways can the financial sector be reformed to serve the needs of the real economy?

The World Employment and Social Outlook: Trends 2015 includes a forecast of worsening global unemployment levels and explains the factors behind it, such as continuing inequality and falling wage shares. The report looks at the drivers of the rising middle class in the developing world as well as the risk of social unrest, especially in areas of elevated youth unemployment. It also addresses structural factors shaping the world of work, including an aging population and shifts in the skills sought by employers.

Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report will study how the nature of work is changing as a result of advances in technology today. Technological progress disrupts existing systems. A new social contract is needed to smooth the transition and guard against rising inequality. Significant investments in human capital throughout a person’s lifecycle are vital to this effort. If workers are to stay competitive against machines they need to train or retool existing skills. A social protection system that includes a minimum basic level of protection for workers and citizens can complement new forms of employment. Improved private sector policies to encourage startup activity and competition can help countries compete in the digital age. Governments also need to ensure that firms pay their fair share of taxes, in part to fund this new social contract. The 2019 World Development Report presents an analysis of these issues based upon the available evidence.

This year's World Employment and Social Outlook: Trends examines global and regional trends in employment, unemployment, labour force participation and productivity, as well as dimensions of job quality such as employment status, informal employment and working poverty. It also provides extensive analysis of the crisis's varied impact on enterprises and workers.The report forecasts that employment recovery, though strong, will be insufficient to close the gaps. Workers whose labour market position was disadvantageous prior to the crisis - women, young people, migrants, informal workers and workers in lower-skilled occupations - suffered disproportionately. The report proposes a human-centred recovery strategy to avoid scarring of global labour markets for the years to come.

Actors in the world of work are facing an increasing number of challenges, including automatization and digitalization, new types of jobs and more diverse forms of employment. This timely book examines employer and worker responses, challenges and opportunities for social dialogue, and the role of social partners in the governance of the world of work.