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. World Employment and Social Outlook: Trends 2020 (WESO) Report Published Date: January 23, 2020 Global unemployment projected to rise by around 2.5 million in 2020: UN labour report. World Employment And Social Outlook-Trends 2020. Global unemployment has been roughly stable for the last nine years but slowing global economic growth means that, as the global labour force increases, not enough new jobs are being generated to absorb new entrants to the labour market. Study IQ education . International Labour Organisation has released ‘World Employment and Social Outlook Trends 2020’. The report highlights that global unemployment will rise by 2.5 million in 2020. Share on Share on Copy Link . The International Labour Organization (ILO) recently released its principal report of the upcoming year of 2020. The International Labour Organization released its “The World Employment and Social Outlook: Trends 2020” (WESO) report. The enormous challenges in the world of work – including persistent inequalities and exclusion – make it more vital than ever to establish a clear picture of global employment and social trends. About the Publisher: The ILO is … Key highlights of the report: Due to slowing global economic growth, Global Unemployment is projected to increase by around 2.5 million in 2020. World employment and social outlook: trends 2020 Corporate Author: International Labour Office Publisher: ILO. World Employment and Social Outlook Trends 2020 (WESO) UN International Labour Organization (ILO) releases WESO report annually. Why in News. Download Free Monthly UPSC Jan magazine in English and Hindi for preparation of UPSC CSE 2020 Exam with all the latest current affairs or update with us. Guy Ryder ILO Director-General Preface. This is "World Employment and Social Outlook Trends 2020 by International Labour Organisation #UPSC2020 #IAS" by Study IQ Education on Vimeo, the home… The first ILO Office in India started in 1928. The report highlights that global unemployment will rise by 2.5 million in 2020. World Employment and Social Outlook: Trends 2020. The annual WESO Trends report analyses key labour market issues, including unemployment, labour underutilisation, working poverty, income inequality, labour income share and factors that exclude people from decent work. The report analyses key labour market issues, including unemployment, labour underutilization, working poverty, income inequality, labour Income share and factors that exclude people from decent work. Charts; Regional charts; Living with a middle-class wage; Studies on Growth with Equity; Papers and Briefs. My Account. It releases the annual World Employment and Social Outlook (WESO) Trends report. Dec 10,2020 12:39:20 am. January 2020; DOI: 10.13140/RG.2.2.16012.46727 Loading... Unsubscribe from Study IQ education? In this post, we will discuss important Economy-related reports and indices released by international organizations since the 2018-19. India and ILO: India, a Founding Member of the ILO, has been a permanent member of the ILO Governing Body since 1922. The important features of the report are: Unemployment rates were anticipated to fall to 4.9% in 2019 and are expected to hold steady into 2020. This 2020 edition of the series draws a comprehensive picture of the progress made and of the remaining gaps in achieving social justice and decent work. Top five risks . World Employment and Social Outlook: Trends report continues to provide an authoritative global overview of where the world stands with respect to the global employment picture. Daily Current Affairs Quiz 2020 Important Days International Anti-Corruption Day is observed on 9 December. Download Free Monthly UPSC Jan magazine in English and Hindi for preparation of UPSC CSE 2020 Exam with all the latest current affairs or update with us . World Employment and Social Outlook Trends 2020 (WESO): WESO report provides an overview of global and regional trends in employment, unemployment, labour force participation and productivity. The World Employment and Social Outlook: Trends 2020 (WESO) shows that unemployment is projected to increase by around 2.5 million in 2020. The International Labour Organization released its “The World Employment and Social Outlook: Trends 2020” (WESO) report. Around 267 million young people aged 15-24 are not in employment, education or training and many more endure substandard working conditions. It also examines income and social developments, and provides an indicator of social unrest. The top five risks to humanity are recently published in the Global Risks Report of the World Economic Forum (WEF). Key findings: 1. It releases the annual World Employment and Social Outlook (WESO) Trends report. World Employment & Social Outlook - Trends 2020 The International Labour Organization (ILO) published its flagship report titled, ‘World Employment and Social Outlook (WESO) – Trends 2020’. India has ratified … The ILO report said that about 188 million people are unemployed in the world. World Employment and Social Outlook Trends 2020 by International Labour Organisation #UPSC2020 #IAS. GS2 Governance × Link copied. Dear Students, UPSC has time and again asked questions on reports and indices released by important international and national organizations in Prelims examination. Almost half-a-billion people have insufficient access to paid work: * 165 million have a job but want to work more hours; * 188 million are unemployed; * 120 million have either given up actively searching for work or otherwise lack access to the labour market. The International Labour Organisation has released the annual World Employment and Social Outlook Trends for the year 2019. WESO Trends report With their job future being so bleak, students are put under constant pressure to perform. Updated on 24 January, 2020. Magazine; Explore; Answer Writing; Download PDFs; Feed; My Account. Free Current Affairs to Your Email. It has a projected growth rate of 6.1 per cent for the current fiscal year, despite an … 2017-19; 2014-15; Global Wage Report. According to the report Global unemployment is estimated to increase by around 2.5 million in 2020. World Employment and Social Outlook Trends 2020. World Employment and Social Outlook. World Employment and Social Outlook – Trends 2020 ... Summary. From UPSC perspective, the following things are important : Prelims level : Global Risks Report 2020. India has ratified 41 Conventions of the ILO, which is much better than the position existing in many other countries. World unemployment is projected to increase by around 2.5 million in 2020 and almost half a billion people are working fewer paid hours than they would like or lack adequate access to paid work. World Economic Outlook reports. The International Labour Organization (ILO) released a new report titled the World Employment and Social Outlook: Trends 2020 (WESO). World Employment and Social Outlook – Trends 2020. Magazin 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. As per the report, unemployment rates will fall to 4.9% in 2019 and remains steady in 2020. The International Labour Organization (ILO) has recently released World Employment and Social Outlook Trends (WESO) 2019 report. The International Labour Organisation (ILO) has released the World Employment and Social Outlook: Trends 2020 (WESO) report recently. 2020-21; 2018-19; 2016-17; 2014-15; 2012-13. However, slowing economic growth means that for the increasing labour force, no new jobs are created. Latest Current Affairs 2020. The number of people unemployed around the world stands at some 188 million in 2019.This is projected to increase further by around 2.5 million in 2020. The report stated that the global unemployment has been stable for the last nine years. It has been a permanent member of the … Context: IMF’s 2019 World Economic Outlook (WEO) has been released. The World Employment and Social Outlook – Trends 2020 report was published today by the International Labour Organization. The day aims to raise … Recently, the International Labour Organisation (ILO) has released the World Employment and Social Outlook: Trends 2020 (WESO) report. India- specific observations: India retains its rank as the world’s fastest-growing major economy, tying with China. ILO … Trends 2020; Trends 2019; Greening with jobs; Trends for women 2018; Trends 2018; Sustainable enterprises and jobs, 2017; World Social Protection Report . This is the 1st part of a 4-series of posts on Important Reports and Indices. The "World Employment and Social Outlook: Trends 2020" publication brings to the forefront the trends seen in the global workforce whether and how they are enhancing or inhibiting economic growth. On 20 th January, 2020, the International Labour Organisation (ILO) released the World Employment and Social Outlook: Trends 2020 (WESO) report, which examines employment and social trends for the world as a whole and for each region, and analyses structural transformation and implications for future job quality. From ILO Summary 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 […] World Employment And Social Outlook: Trends 2020 Print . Mains level : Read the attached story. Type: Publication: Date issued: 20 January 2020: Format available: 6 pages: Download: World Employment and Social Outlook – Trends 2020 pdf - 0.4 MB Further information. It is an annual report that summarizes the labour market performance around the world. ILO. The report stated that the global unemployment has been stable for the last nine years. Approx Read Time: 3 minutes In News: The International Monetary Fund (IMF) has recently released its World Economic Outlook reports which prospects lowered growth estimate for India to 4.8% for 2019, from the … An interactive data tool is also available. International Labour Organisation (ILO) has recently released ‘World Employment and Social Outlook Trends 2020’. For instance, the International Labor Organization’s World Employment and Social Outlook Trends Report of 2018 says that in 2019, the job status of nearly 77% of Indian workers would be vulnerable and that 18.9 million people would be unemployed. In addition, the World Employment and Social Outlook: Trends 2020 (WESO) shows that unemployment is projected to increase by around 2.5 million in 2020. Share. 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