Future for Work Report

Future for Work Report

Question: Consider the following statements in reference to The Future for Work report released recently and choose the correct options:
(1) The report is released by ILO (International Labor Organisation).
(2) The report is released on how to achieve a future of work that provides decent and sustainable work opportunities for all.
(3) The report also mentions that around 190 million people in the world are unemployed.
(4) The report is prepared by ILO Global Commission on Future of Work.
Correct options:
(a) 1, 2 and 3
(b) 1, 3 and 4
(c) 1 and 4
(d) All of the above.
Answer: (d)
Related facts:

  • UN`s International Labour Organisation (ILO) released a report on Future of Work in Geneva on January 22, 2019. The report is prepared by ILO Global Commission on Future of Work on how to achieve a future of work that provides decent and sustainable work opportunities for all. The report also contains the challenges and threats to the economy in the coming time and the present scenario of unemployment.
  • The report posed the need of decisive action is needed to tackle the widening inequality, increasing uncertainity and reinforcing exclusion with destructive political, social and economic repercussions.

About the Report:

  • The report is a result of 15 months review by a 27 member which was co-chaired by Swedish PM Stefan Lofven and South African President Cyril Ramaphosa.
  • As per ILO, world`s 190 million population faces unemployment, while 300 million live in the condition of extreme poverty. It is also mentioned that wage gap is increasing while wage growth is declining.
  • It is also noted that only 15% of households in emerging countries have access to internet while Two-thirds of jobs in developing countries are susceptible to automation.
  • The proposed transition to greener economy as per Paris Climate Agenda would lead to job loss of around 6 million workers after the promise of creating 24 million new jobs.
  • The report mentions the need to setup an international governance system for policing of gig economy and ensuring following of minimum rights and protections by online platforms like Uber and Swiggy.
  • The report also recommends development of rural economy as priority where the future of many of workers lie. It also urged to ensure a universal labour guarantee for a living wage, limiting working hours and work safety norms.

About Global Commission on Future of Work:

  • This formation of ILO marks the second stage in the ILO Future of Work Initiative. Its job is to undertake an in-depth examination of the future of work that can provide the analytical basis for the delivery of social justice in the 21st century.
  • The commission also identifies the key challenges facing the world of work and making practical recommendations about how these may be addressed in the future.
  • The Global Commission is composed of 28 members, all outstanding individuals, eminently equipped to contribute to its work, reflecting a balance of gender, tripartite representation, geographical regions, and representing diverse disciplines and sectors of society and the economy.

Links:
https://www.thehindu.com/news/national/ilo-urges-universal-labour-guarantee/article26063573.ece
https://www.ilo.org/global/topics/future-of-work/WCMS_569528/lang–en/index.htm
https://www.ilo.org/global/topics/future-of-work/WCMS_578759/lang–en/index.htm