What constrains firm growth and job creation? A new tool using the Enterprise Surveys

There aren’t sufficient good jobs in growing international locations. Because the World Financial institution’s upcoming Flagship report, “Jobs for Growth,” emphasizes, the formation and development of personal companies and organizations is a key driver of extra productive and better-paying jobs. When employees are organized by companies, they turn out to be extra productive as a … Read more

Putting young people at the center of the circular economy

As international locations reply to the urgent challenges of local weather change and environmental degradation, the re-use, re-manufacturing, and recycling of merchandise in a round financial system provides a promising path for sustainable financial progress. Renewable power, water remedy, textiles, electronics, and ICT recycling, and industries that reuse natural supplies are key to the round … Read more

Regulating platform-based work in developing countries: how to balance job opportunities and workers' protection?

Digital platforms are transforming labor markets on a global scale and reshaping the dynamic nature of work.  From ride-hailing to freelancing platforms, the gig financial system has witnessed outstanding progress: based on knowledge from the World Financial institution, on-line gig work now constitutes an estimated 4.4 to 12.5 % of the worldwide workforce; and it’s … Read more

What we’re reading about designing effective vocational training programs for youth

Supporting youth to acquire in-demand skills may be more important than ever to address continuously rising inequality.   Recent data exhibits that younger folks proceed to be among the many teams most severely impacted by the financial results of COVID-19. The ensuing losses in jobs and studying can have long-lasting destructive repercussions for youth. One … Read more

Lessons for future crises: How did governments mitigate job shocks during the pandemic?

The world remains to be grappling with the COVID-19 pandemic’s unprecedented affect on labor markets. In 2022, the worldwide unemployment price and the worldwide employment-to-population ratio remained 0.5 share factors above and 1.5 share factors beneath 2019 pre-crisis ranges, respectively, primarily based on ILO estimates. Nonetheless, whereas uneven, there was a sizeable restoration since 2020. … Read more

What we’re reading about enhancing apprenticeship for youth and firms

Proof on the effectiveness of vocational and expertise coaching applications has vastly expanded during the last decade, with mixed results. Historically, apprenticeship entails on-the-job coaching with a grasp craftsperson. It’s at instances “twin” when mixed with center-based vocational coaching. Apprenticeship is a crucial establishment in a number of developed nations, but in addition one of … Read more

What we’re reading about the social externalities from jobs

The consequences of poor employment outcomes usually are not restricted to these experiencing them straight. There may be rising proof of considerable advantages to broader society from the creation of higher jobs. Nonetheless, research on social externalities from jobs, similar to social cohesion, crime and violence, terrorism, subjective well-being, and parenting, are usually disparate and … Read more

What we’re reading about job tenure in European labor markets

Technological progress and worldwide competitors require corporations to adapt to speedy adjustments in product markets and in manufacturing processes. Because of this, considerations in regards to the potential decline of secure jobs have intensified. Corporations should be extra agile to adapt to the evolving calls for of latest services, whereas staff expertise extra frequent job … Read more

How to increase women’s economic participation

As per a recent poll conducted by ILO and Gallup, when ladies throughout the globe had been requested in the event that they most well-liked to work in paid jobs, care for his or her households, or do each, a staggering 70% of girls – no matter their employment standing – most well-liked to work. … Read more

The gender pension gap: What does it tell us and what should be done about it?

Regardless of recent attention within the media, progress in closing the gender pension hole in most international locations has halted. These sources level to a stark disparity in retirement outcomes, with girls receiving pensions which might be between 25% to 30% decrease than these of males. Methodological differences to estimate the hole don’t make it … Read more