Decent Work Crucial To Eliminating Poverty and Hunger
ROME, Nov 03 (IPS) - Over the eight years since the onset of the global financial crisis in 2008, the ranks of the unemployed have swollen to over 200 million worldwide. That number captures only a fraction of those who remain vulnerable and insecure, since more than four-fifths of the global workforce is outside the formal sector, with poor access to unemployment or other traditional social security benefits.
With the worsening global economic slowdown, especially following the collapse of agricultural commodity prices since late 2014, many wonder whether the bases for the Bank's projections make sense. Evidently, the economic growth the global economy enjoyed in the half decade before 2008 did not bring enough jobs in terms of quantity or quality, catalyzing the "jobless growth" discourse.
Briefly, in 2009, significant resources were deployed by rich countries to save their financial systems, reflate their economies and strengthen social safety nets. But only a few rich countries have eschewed excessive fiscal austerity. Apparently successful expansionary monetary measures by the US Federal Reserve have been belatedly emulated by other rich countries with mixed consumers. Employment conditions
Beyond the rising number of the unemployed and underemployed, the conditions of many of those employed have been deteriorating as well. Globally, informal employment and short-term contracts, which give workers few entitlements and little security in their jobs, are becoming the norm for far too many. Outsourcing and subcontracting have become more common, causing more insecurity for workers, now dubbed the "precariat." Such worsening employment conditions have been taking place in many countries, especially for workers with low education and low skills.
National policies aimed at counteracting these trends and lowering unemployment have had limited success at best. In their desire to remain or become competitive, governments and employers around the world have taken many steps to increase labour market flexibility, thus increasing insecurity among most workers. Such labour market flexibility has exacerbated economic insecurity and inequality, undermining prospects for decent work.
Meanwhile, the employment share of the service sector in total global employment exceeded the share of agriculture over a decade ago. For decades now, the world has seen employment increasingly dominated by the service sector, in which many jobs are low-paying and precarious, and not covered by formal social security provisions. Thus, entitlement to unemployment benefits has ceased to be a social right for many in the developed world.
Decent work for all
Still elusive for the working poor, the goal of decent work for all, introduced by the International Labour Organisation in 1999, means productive, rewarding and secure occupations with fair income and social protection for the employed and their families. Decent work implies equality of opportunities and treatment, and offers good prospects for both personal development and social inclusion. It ensures freedom for people to express their concerns, organize and participate in decisions that affect their lives.
Strategies promoting productive employment and decent work must address income and other inequalities. They should promote social progress and ensure equal treatment for all regardless of gender, culture, age or national origin, as well as protect the rights of persons with disabilities. Policies should ensure that conditions of work steadily improve, especially for the lowest-paid and those facing the most unacceptable and hazardous employment conditions.
Governments should employ those needed to provide basic services, including for infrastructure construction and maintenance as well as for social services, expected by the people and needed to ensure human resources for sustainable development. Greater incentives are needed to encourage private investments while better regulations can help improve employment opportunities.
Civil society and the private sector can play vital roles in promoting decent work for all. Governments and the private sector should step up efforts to promote corporate social responsibility to help realize decent work for all. Through full employment and decent work, the benefits of economic recovery and growth can be better shared within as well as among countries.
Ultimately, people will judge changes by what it brings to their lives. Secure and decent employment is surely on top of most personal agendas, and should also be national and international priorities. Decent work is the surest way for the poor to escape poverty, and must therefore be a priority of any serious effort to reduce hunger and poverty on a sustained basis. (End)
© Inter Press Service (2015) — All Rights ReservedOriginal source: Inter Press Service
Where next?
Browse related news topics:
Read the latest news stories:
- Navigating Global Climate Challenges: Perspectives from China's COP29 Delegation Saturday, November 23, 2024
- COP29 agrees to $300 billion climate deal for developing countries; UN chief says he had ‘hoped for a more ambitious outcome’ Saturday, November 23, 2024
- Gaza update: Fleeing families just have ‘the clothes on their back’ Saturday, November 23, 2024
- ICC issues arrest warrants for Israel, Hamas leadership: what happens next? Saturday, November 23, 2024
- The trial that brought down a warlord Saturday, November 23, 2024
- Preparing for climate chaos in Timor-Leste, one of the world’s most vulnerable nations Saturday, November 23, 2024
- Insights From Negotiator into How COPs Move Needle Towards Healthy, Liveable Planet Saturday, November 23, 2024
- Climate Change in Azerbaijan is Putting Women at Increased Risk of Gender-Based Violence Friday, November 22, 2024
- Once in a Blue Moon, Things Dont Fall Apart Friday, November 22, 2024
- International Criminal Court Issues Arrest Warrant for Netanyahu Friday, November 22, 2024
Learn more about the related issues: