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Employment and social protection in the G20

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Frame of Image y: risk of unemployment (specially youth), social, political and economic instability A structural developmental challenge
Skills shortage a bottleneck for development Social protection, resilience and inclusive growth
The global employment crisis -2013!
• Unemployment on the rise – 202 million, crisis toll: 62 million jobs gap and tend to rise by a further 13 million people by 2018 • Lesson from previous crisis – employment recovery takes 5-7 years • Young people affected disproportionally • Labour force participation rates not improving • Vulnerable employment: 48 per cent of total employment • Working poor: 839 million workers (or 26.7 per cent of total employment) have to cope on US$2 a day or less. • Four in each five people lack access to adequate social protection • Divergent employment picture
▫ Developed economies: increase in unemployment + Long term unemployment, discouraged workers and LF participation ▫ Developing economies: reduction in unemployment + concerns about informality and job quality
My World Survey – Better job opportunities + Social Protection #1 global priority
Position on 15 January 2014
1,070,942
1. The G20 Jobs timeline
The G20 Jobs Timeline
April’09 Sept’09 April’10 June’10 Nov’10 Sept’11 Nov’11 May’12 June’12 July’13 Sept’13
London Summit: the Jobs wake up call  Pittsburg Summit: Putting Quality Jobs at the Heart of the Recovery Washington: 1st Labour Ministerial Toronto Summit: Growth‐friendly fiscal consolidation Seoul Summit: Shared Growth a


Full Text
Title Employment and social protection in the G20
Similar Titles
Material Type Proceedings
Author(English)

Vinicius Carvalho Pinheiro

Date 2014
Pages 50
File Type Documents
Original Format pdf
Subject Economy
Social Development < Social Welfare
Holding KDI School of Public Policy and Management