Weak employment recovery with persistent high unemployment and decent work deficits - An update on e

Weak employment recovery with persistent high unemployment and decent work deficits - An update on e
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Name:Weak employment recovery with persistent high unemployment and decent work deficits - An update on e
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Amid a “fragile labour market” marked by persistent high unemployment, “slack” jobs growth and declining wages, the International Labour Office (ILO) urged the Group of 20 to intensify its focus on “productive employment and job-intensive growth policies” at its upcoming summit in Seoul. ILO Director-General Juan Somavia is expected to attend the meeting.

In a new statistical update prepared for the 11-12 November G20 summit, the ILO says unemployment increased in 10 countries of the G20 in 2010 compared to 2009, but declined in eight. It also says that most emerging economies have seen a rise in employment and a decrease in unemployment in 2010.

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