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The continuing economic and uncertain economic prospects have resulted in
a grim global employment situation. Incorporating the most recent data
available, this volume provides valuable analysis of the current labour
market trends around the world and identifies the factors contributing to
the downturn affecting many workers today.
The impact of the global economic slowdown and the developments since 11
September 2001 have been different in the various regions of the world,
and this report reveals how women and young people have been especially
hard hit, particularly in the developing world. Covering Latin America and
the Caribbean, East Asia, South-East Asia, South Asia, the Middle East and
North Africa, sub-Saharan Africa, the transition economies and
industrialized countries, this volume focuses on the distinct labour
market characteristics and challenges faced by each region and economic
group.
The report traces the various factors contributing to the global
employment decline - such as the increase in employment in the informal
economy, the decrease in employment in the informal economy, the decrease
in employment in information and communication technology, as well as
extensive job losses in the travel and tourism industries and the export
and labour-intensive manufacturing sectors. Countries in fragile financial
situations and those experiencing armed conflict and violence have also
seen rising unemployment and poverty.
Clearly the global employment challenges are many, and the information
provides here offers a concise picture of the current situation and where
economic growth and decent work opportunities are needed most around the
world.
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