THE global labor market remains far from equitable as over 400 million people are either unemployed or unable to work due to systemic barriers, the latest International Labour Organization (ILO) report showed.
THE global labor market remains far from equitable as over 400 million people are either unemployed or unable to work due to systemic barriers, the latest International Labour Organization report showed.
“It provides an overall indication of shortfalls in both job creation and labor market participation,” the ILO report noted. “Those barriers are often rooted in prevailing gender stereotypes and social norms and may include discrimination, fragmented and segregated labour markets, the unequal distribution of unpaid care work and care responsibilities, and gender-based violence and harassment,” ILO said.Aside from gender disparity, the ILO also found a stark employment paradox between the youth and older workers.
While this helps address ageing populations and labor shortages in certain sectors, the labor organization said it leaves younger workers fighting for fewer entry points into an increasingly competitive market.
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