Description: Boosting Jobs and Living Standards in G20 Countries

Boosting Jobs and Living Standards in G20 Countries

Almost four years since the onset of the global financial and economic crisis, unemployment and underemployment remain stubbornly high in many G20 countries, and many workers remain trapped in low paid, often informal, jobs with little social prote...

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Bibliographic Details
Main Authors:	International Labour Office, Organisation for Economic Co-operation and Development, International Monetary Fund, World Bank
Language:	English en_US
Published:	World Bank, Washington, DC 2017
Subjects:	ACTIVE LABOUR ACTIVE LABOUR MARKET ACTIVE LABOUR MARKET POLICIES ADULT WOMEN ADVANCED COUNTRIES AFFECTED WORKERS AGE GROUP AGGREGATE DEMAND CENTRAL BANKS CHILD REARING COUNSELLING DEMOGRAPHIC TRENDS DEVELOPING COUNTRIES DIRECT JOB CREATION DISMISSAL DISPLACEMENT DISPLACEMENT EFFECT DIVIDEND DOWNSIDE RISKS DRIVERS EARNINGS PROSPECTS ECONOMIC CRISIS ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC REFORM ECONOMIC STRENGTH EMERGING MARKET EMERGING MARKET COUNTRIES EMERGING MARKET ECONOMIES EMERGING-MARKET EMPLOYEE EMPLOYER CONTRIBUTIONS EMPLOYMENT EFFECTS EMPLOYMENT GENERATION EMPLOYMENT GROWTH EMPLOYMENT GUARANTEE EMPLOYMENT GUARANTEE SCHEME EMPLOYMENT IMPACT EMPLOYMENT OF WOMEN EMPLOYMENT OUTLOOK EMPLOYMENT PROSPECTS EMPLOYMENT PROTECTION LEGISLATION EMPLOYMENT RATES EMPLOYMENT RELATIONSHIP EMPLOYMENT SERVICES EMPLOYMENT SITUATION EXTERNALITIES FAMILY RESPONSIBILITIES FINANCE MINISTERS FINANCIAL MARKET LIBERALIZATION FIRING COSTS FIRM ENTRY FIRM PERFORMANCE FISCAL CONSOLIDATION FORMAL EDUCATION FUTURE GROWTH GROWING LABOUR FORCE GROWTH RATES HEALTH INSURANCE HEALTH PROBLEMS HEALTH SERVICES HIGH UNEMPLOYMENT HIGH UNEMPLOYMENT RATES HOUSEHOLD LEVEL HUMAN CAPITAL IMPACT OF POLICIES INCOME INCOME INEQUALITIES INCOME INEQUALITY INCOME SUPPORT INCOMES INFORMAL ECONOMY INFORMAL EMPLOYMENT INFORMAL SECTOR INFORMAL SECTOR WORKERS INFRASTRUCTURE INVESTMENT INTEREST RATES INTERNATIONAL TRADE INVENTORY JOB CREATION JOB LOSSES JOB OPPORTUNITIES JOB SEARCH JOB SEARCH ASSISTANCE JOB SECURITY JOB VACANCIES JOB-SEARCH ASSISTANCE JOBS JOBS CREATION LABOUR LABOUR COSTS LABOUR DEMAND LABOUR FORCE LABOUR FORCE GROWTH LABOUR FORCE PARTICIPATION LABOUR MARKET LABOUR MARKET CONDITIONS LABOUR MARKET OUTCOMES LABOUR MARKET POLICIES LABOUR MARKET POLICY LABOUR MARKET REFORMS LABOUR MARKET SITUATION LABOUR MARKETS LABOUR MOBILITY LABOUR OFFICE LABOUR PRODUCTIVITY LABOUR REGULATION LIFE SKILLS LIFELONG LEARNING LIVING STANDARDS LONG-TERM UNEMPLOYMENT LONGTERM UNEMPLOYMENT LOW EMPLOYMENT MARKET ECONOMIES MIGRATION FLOWS MINIMUM WAGE MINIMUM WAGES MONETARY POLICY NATIONAL LEVELS NATIONAL POLICY NON-WAGE COST OLD-AGE OLDER WORKERS ON-THE-JOB TRAINING OUTPUT PART-TIME EMPLOYMENT PARTICIPATION OF WOMEN PAYROLL TAX PENSIONS PERSISTENT UNEMPLOYMENT POLICY RESEARCH POLICY RESEARCH WORKING PAPER POPULATION CENSUS POPULATION ESTIMATES PRECEDING SECTIONS PRIMARY CONCERN PRIVATE EMPLOYMENT PRIVATE SECTORS PRODUCT MARKET PRODUCT MARKET REFORM PRODUCT MARKET REGULATION PRODUCTIVE EMPLOYMENT PRODUCTIVITY GAINS PRODUCTIVITY GROWTH PROGRESS PUBLIC WORKS PURCHASING POWER REGULAR CONTRACTS REGULAR WORKERS REGULATORY BARRIERS RESPECT RETAIL TRADE RULE OF LAW RURAL AREAS RURAL EMPLOYMENT SAFETY SAFETY NET SCHOOL ATTENDANCE SECONDARY EDUCATION SEVERANCE PAYMENTS SKILLED WORKERS SKILLED WORKFORCE SKILLS DEVELOPMENT SMALL ENTERPRISES SOCIAL COHESION SOCIAL COSTS SOCIAL POLICIES SOCIAL POLICY SOCIAL PROTECTION SOCIAL SECURITY STABLE JOBS STRUCTURAL UNEMPLOYMENT TEMPORARY EMPLOYMENT TEMPORARY JOB TEMPORARY WORK TEMPORARY WORKERS TERTIARY EDUCATION TOTAL EMPLOYMENT TOTAL UNEMPLOYMENT TRAINING PROVIDERS UNEMPLOYED UNEMPLOYED WORKER UNEMPLOYMENT UNEMPLOYMENT BENEFIT UNEMPLOYMENT INSURANCE UNEMPLOYMENT INSURANCE BENEFITS UNEMPLOYMENT RATE UNEMPLOYMENT SPELL URBAN AREAS URBAN MIGRATION VOCATIONAL EDUCATION WAGE BARGAINING WAGE BARGAINING SYSTEM WAGE DETERMINATION WAGE FLOORS WAGE SET WORK EXPERIENCE WORKER WORKERS WORKING CONDITIONS WORKING-AGE POPULATION WORLD POPULATION YOUNG ADULTS YOUNG PEOPLE YOUNG WOMEN YOUTH EMPLOYMENT YOUTH TRAINING YOUTH UNEMPLOYMENT
Online Access:	http://documents.worldbank.org/curated/en/633821468328809561/Boosting-jobs-and-living-standards-in-G20-countries http://hdl.handle.net/10986/27112

Description
Summary:	Almost four years since the onset of the global financial and economic crisis, unemployment and underemployment remain stubbornly high in many G20 countries, and many workers remain trapped in low paid, often informal, jobs with little social protection. Job creation has been anemic in many countries, too slow to fully reabsorb the mass of unemployed and underemployed or, particularly in some emerging market economies, to keep pace with labour force growth and the pressures of rural-urban migration. This raises concerns about the long-term negative effects on human capital, growing inequality and lower future output growth. The political pressures are high, and the risk of a drift towards protectionist measures aimed at 'keeping jobs at home' cannot be ignored. While there is substantial variation in national contexts, G20 countries can help minimize these risks through collective and collaborative work aimed at identifying and implementing credible policy reforms that will boost job creation, employment and the quality of jobs. The report aims at providing a preliminary review of countries' experiences against the backdrop of an evolving economic outlook and could form the basis of a more in-depth analysis, should Ministers request it. Improving labour market outcomes involves several challenges relating to both the quantity and quality aspects of job creation. There is a need in all countries to harness growth to generate labour market opportunities that correspond to labour force growth.

Boosting Jobs and Living Standards in G20 Countries

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