Billion unemployed add to global feel-bad factor
Tuesday 26 November 1996
Nearly one billion people, approximately 30 per cent of the global workforce, are out of work or under-employed, the study says. The reduction in job opportunities is attributed to lower growth rates in industrialised countries since 1973 and the failure of most developing nations to recover fully from the economic crisis of the early Eighties.
The long-term unemployed have been "evicted" from the world of work and there is increasing "casualisation" of millions of jobs.
The report condemns those who believe in the inevitability of "jobless growth" - where the economy grows but employment stagnates.
It also takes issue with the idea that present rates of unemployment constitute a "natural and inevitable outcome of market forces".
Michel Hansenne, ILO director-general, contends that despite increasing worldwide competition, the present jobless figures are neither politically nor socially sustainable.
The study attributes predictions about the "end of work" to "unwarranted extrapolations from dramatic episodes of corporate downsizing, ignoring compensatory job creation elsewhere in the economy".
Mr Hansenne said: "Abandoning the goal of full employment means lowering social expectations at a time when the world economy is becoming more integrated through trade and investment flows. These forces have the potential for spurring higher rates of economic growth and job creation and thus higher levels of well-being and social justice."
Politicians are told that the aim of full employment, suitably updated, should remain as a principal objective of economic and social policy.
In a passage which will find more favour among the dirigiste governments of Continental Europe than Conservative Britain, the paper calls for institutional mechanisms for moderating wage inflation. Pay- bargaining periods should be synchronised, economic predictions made of the basis of a "consensus" and there should be "social pacts" between employers, workers and governments. Ministers should also encourage profit-sharing and tax-based incomes policies.
The ILO argues against labour-market deregulation as a means of reducing unemployment. While recognising some regulations need reforming, there should be no "blanket presumption" that such rules are invariably sources of rigidity and that deregulation is automatically the optimal solution.
- 1 Drugs Live cannabis trial: Hash is less harmful than any other drug, expert claims
- 2 What happens to your body when you give up sugar?
- 3 Turkish Airlines flight TK 726 crash-lands on Nepal runway in dense fog
- 4 Have sex with your iPad thanks to the new sex toy no-one asked for
- 5 The 'sex selfie stick' lets you FaceTime the inside of a vagina
Turkish Airlines flight TK 726 crash-lands on Nepal runway in dense fog
George Clooney and Amal fail to get special treatment at New York restaurant
Cindy Crawford 'un-PhotoShopped' viral Marie Claire image was doctored, photographer claims
'A girl is more responsible for rape than a boy': The statement that shocked the world... except India
The 'sex selfie stick' lets you FaceTime the inside of a vagina
Durham Free School: 'Creationism taught at' free school facing closure
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
Ukip would cut billions from Scottish budget to fund English tax cuts
End of the licence fee: BBC to back radical overhaul of how it is funded
Ukraine crisis: Top Chinese diplomat backs Putin and says West should 'abandon zero-sum mentality'
Boris Nemtsov shot dead: Outspoken Putin critic who had expressed fears for his life is killed near the Kremlin
£16000 - £18500 per annum: Recruitment Genius: Are you a customer focused, pro...
£27000 - £33000 per annum + Excellent benefits: Ashdown Group: Front-End Devel...
£15000 - £19000 per annum: Recruitment Genius: This Waterlooville based softwa...
Negotiable: Ashdown Group: Developer (C#, VB & ASP.Net, SQL Server, TSQL) - Pe...