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GLOBAL EMPLOYMENT TRENDS
BRIEF October 2005
Employment Impact in Pakistan of South Asia Earthquake
Released 14 October 2005
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The region affected by the tragic earthquake that struck on October 8 has large numbers of poor with little
savings and who therefore rely heavily on their own labour for their survival. Therefore, one piece of
information that is both crucial for the region’s recovery and central to the mission of the ILO is how
the earthquake has damaged people’s ability to earn an income and to provide for themselves and their families.
To help piece together this vital information, the ILO has undertaken a rapid employment assessment to provide
key information about the affected labour markets and to estimate the number and share of jobs that were lost
due to the earthquake.
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GLOBAL EMPLOYMENT TRENDS
BRIEF February 2005
Released 14 February 2005
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The global employment situation improved slightly in 2004. Global unemployment stood
at 184.7 million at the end of 2004, down from a revised 185.2 million in 2003.
Although the decline in unemployment is very small in percentage terms, this is a
significant development, as it marks only the second time in the past decade that
there was a year-over-year decline in total unemployment. In addition, the global
employment-to-population ratio stabilized in 2004 at 61.8 per cent, from a revised
61.7 in 2003. The robust global economic growth rate of 5 per cent in 2004 undoubtedly
played a large role in shaping these employment outcomes.
The focus of this Global
Employment Trends Brief is not only on increasing employment, but also on poverty
alleviation and improving the conditions of work. This brief updates the labour market trends
to 2004 and addresses six key labour market challenges that are on the horizon for 2005, which
are expected to impact on the global employment situation and poverty reduction. These challenges
are the December 26th Asian Tsunami disaster, the HIV/AIDS epidemic, agricultural productivity in
developing economies, outsourcing of employment, working conditions in the informal
economy, and youth employment—all of which require immediate attention and a sustained
response by governments, international organizations and civil society if we are to
achieve the goal of decent and productive work for all.
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GLOBAL EMPLOYMENT TRENDS
Supplement for Europe & Central Asia, February 2005
Released 14 February 2005
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Europe and Central Asia only partly followed the world wide trends of improvements in labour
markets. Despite the economic growth achieved in most economies over recent years, the region as
a whole did not see any considerable improvements in terms of decreasing the total number of
unemployed. In 2004 total unemployment in the region was 35 million, almost identical to the
number in 2003. During 2004, employment grew by 2 million, which represents only 4 per cent of
the employment increase in the world during this period. The employment-to-population ratio
continued to decline, in keeping with the trend over the last ten year. Despite the stagnant
trends in employment and unemployment in the region there is one labour market indicator which
showed considerable improvements over the last five years: labour productivity. This is especially
true for Central and Eastern Europe and CIS, which after the region of East Asia, saw the highest
growth in productivity (measured as output per person employed) of all world regions.
The supplement prepared for the 7th
European Regional Meeting describes the latest labour market trends in Europe and Central
Asia and points out the challenges ahead.
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