• The World Employment and Social Outlook: Trends 2020 (WESO) report states that, 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. World Employment and Social Outlook. UNDP (United Nations Development Programme) Gender Inequality Index. 17 February 2019 Current Affairs:The International Labour Organization released World Employment and Social Outlook Trends 2019 report. 6.UNEP (United Nations Environment Programme): Formation: 1972. India is a Founding Member of the ILO. Transforming jobs to end poverty Economic Conditions • Economic Growth • Employment. The World Employment and Social Outlook: Trends 2016 report provides the latest global and regional estimates of employment and unemployment, employment by sector, vulnerable employment, labor prod… 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. Near-term outlook: Global growth is projected at -4.4% in 2020, a less severe contraction than forecast in the June 2020 World Economic Outlook Update. This is the 1st part of a 4-series of posts on Important Reports and Indices. 1. Report and Indices for 2020 UPSC. Daily Free Current Affairs Notes. 188 million people are unemployed globally and 165 million adults unable to get enough paid work. Mains-GS3-Economic Development. Reserve Bank of India (RBI) As per the report, unemployment rates will fall to 4.9% in 2019 and remains steady in 2020. In this post, we will discuss important Economy-related reports and indices released by international organizations since the 2018-19. The report World Employment and Social Outlook: Trends 2020 (WESO) was recently released. Status of EMPLOYMENT … ILO. About the Report. World Employment and Social Outlook for Youth. It is devoted to promoting social justice and internationally recognized human and labour rights. Among the age group 15-24 the global unemployment stood at 11.8% which is much higher than it is among other age groups. Bank for International Settlements (BIS) ... World Social Protection Report. Shikher Goyal September 10, 2020 July 25, 2020. However, with a growing number of people entering the labour market to seek employment, the total number of unemployed is expected to remain stable in 2018, above 192 million. 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. Another 120 million people had given up actively searching for work. As countries implement necessary quarantines and social distancing practices to contain Covid-19, the world has been put in a Great Lockdown.. World Employment and Social Outlook 2020. The report, published by the ILO highlights the major factor which impact employability, quality of work and economic growth. World Trade Outlook Indicator. 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. UPSC Civil Service Prelims Previous year Questions: 2014-> ‘ World Economic Outlook’ which is a publication of IMF. Dear Students, UPSC has time and again asked questions on reports and indices released by important international and national organizations in Prelims examination. Headquarters: Nairobi, Kenya. ; About International Labour Organisation: It is created in 1919, as part of the Treaty of Versailles that ended World War I, to reflect the belief that universal and lasting peace can be accomplished only if it is based on social justice. It has been a permanent member of the ILO Governing Body since 1922. If the address matches an existing account you will receive an email with instructions to retrieve your username ILO. Context: The International Labour Organisation (ILO) has recently released the World Employment and Social Outlook: Trends 2020 (WESO) report. Required fields are marked * Comment. Daily Updates – 15/12/2020. About: World Economic Outlook. Global Growth Outlook. International Labour Organization (ILO) has released the ‘World Employment and Social Outlook: Trends 2020 (WESO) report’. The report is published annually. World Employment and Social Outlook – Trends 2020 7 Table of contents 3.6 Average share of total labour income accruing to the middle 60 per cent (“middle class”) and the top and bottom quintiles of the labour income distribution, global, 2004 and 2017 (percentages) 72 Recently, the International Monetary Fund (IMF) has released its World Economic Outlook (WEO) report.. Key Points. International Labour Organization(ILO) Financial Stability Report. Reserve Bank of India (RBI) Monetary Policy of India. Global unemployment will rise by 2.5 million in 2020. The WESO report is an initiative of the International Labour Organization (ILO). Communal outlook was given, not by participants but by the officials, politician and journalists. Your email address will not be published. Global Wage Report. BYJU’S IAS Mains Test Series 2020. In terms of unemployment, the short‐term outlook shows that Europe and Central Asia and Northern America will do relatively well in comparison to other regions, including Latin America and the Caribbean, the Arab States, Asia, and Sub‐Saharan Africa. For example- Pabna agrarian movement. IBRD (World Bank) World Development Report: ICAO (International Civil Aviation Organization) Safety Reports: IFPRI (International Food Policy Research Institute) Global Hunger Index report: ILO (International Labour Organization) World Social Protection Report: ILO (International Labour Organization) World Employment and Social Outlook Report and Indices for 2020 UPSC published by different organisations Sajid Hussain July 12, 2019. 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.. About the Publisher: The ILO is designated as a specialised agency of the UN. 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. Key Findings: World Employment and Social Outlook Trends 2020. Name * Email * Website. As per the report, unemployment rates will fall to 4.9% in … About the report. It was started in 2018 by the International Labour Organisation. In several part religious distinction coincided with social and class distinction, causing communal distortion. An interactive data tool is also available. 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. It releases the annual World Employment and Social Outlook (WESO) Trends report. The International Labour Organization (ILO) has recently released World Employment and Social Outlook Trends (WESO) 2019 report. World Employment and Social Outlook Trends 2019About The report is released by the International Labour Organisation. The World Employment and Social Outlook – Trends 2020 report was published today by the International Labour Organization. UPSC CDS Exam Analysis & Review 2020 (8th November): Official CDS 2 Question Paper PDF Released @upsc.gov.in; Check Difficulty level 2 hrs ago LSAT India Eligibility Criteria 2021 2 hrs ago ; It also projects developments in the global financial markets and economic systems. ILO. World Employment and Social Outlook 2016. Key Findings The unemployment rates will fall to 4.9% in 2019 and will remain steady in 2020. ILO aims to promote rights at work, enhance social protection, encourage decent employment opportunities, and strengthen dialogue on work-related issues. ; The report encapsulates state of the global economy and highlights risks and uncertainty that threaten growth. No. Labour market and social conditions vary considerably across regions. The International Labour Organisation has released the annual World Employment and Social Outlook Trends for the year 2019. 2 bn out of 3.3 bn people worked keeping their economic security at a risk in informal Why in News. Economic and Social Panorama of the Community of Latin American and Caribbean States, 2014. International Labour Organisation (ILO) has produced report of World Employment and Social Outlook Report 2019. The World Economic Outlook (WEO) is an IMF report that provides analysis and forecasts of economic developments and policies in its member countries. World Employment & Social Outlook Report: UPSC Calendar 2021: Leave a Comment Cancel reply. More than three in five workers are in informal employment. The International Labour Organisation has released the annual World Employment and Social Outlook Trends for the year 2019. The Covid-19 pandemic is having a severe effect on the world economy. Around 267 million young people aged 15-24 are not in employment, education or training and many more endure substandard working conditions. In fact agrarian conflicts, did not assume communal colour until 20th century. World Employment and Social Outlook Trends 2020 by International Labour Organisation #UPSC2020 #IAS. List of Important International Organizations and Reports for UPSC – IAS. World of Work Report. 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. World Employment And Social Outlook-Trends 2020. 10 World Employment an d Social Outlook – T rends for women 201 7. ILO forecasts that unemployment will rise by about 2.5 million this year. 2. • Employment 12, 2019 of the global economy and highlights risks and uncertainty threaten... 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