INTERNATIONAL LABOUR ORGANIZATION ILO
UK's Conservatives face leadership 'bloodbath' as party seeks new direction
After 14 years in government - the last eight marked by chaos and divisions following the Brexit vote - the Conservatives are now confronted by an internal struggle among lawmakers, grassroots members and donors over whether to move further to the right or turn back to the centre.
Karnataka releases draft gig workers Bill; seeks comments from platforms, other stakeholders
Karnataka introduced draft Bill for app-based platforms to provide social security benefits to gig workers and sought public feedback. The Bill proposes fee on transactions and penalties for non-compliance. It aims to protect workers' rights and ensure basic social security. It is inspired by Rajasthan law and includes grievance redressal mechanism and prevention of illegal termination. the Bill promises welfare board, fund for gig workers. Discussions have been held with major platforms and International Labour Organisation for input.
Uyghur-American politician calls out China's alleged trade in 'Halal Organs'
In March, during a US congressional committee hearing, experts had claimed that Chinese authorities had gathered genetic information from the Muslim Uyghur minority, with the aim of supporting a forced organ transplant programme targeted at attracting Muslim medical tourists from Gulf states.
India to collaborate with ILO on global skills gap mapping, future of work
A tripartite Indian delegation, led by labour secretary Sumita Dawra, to the 112th International Labour Conference being in held in Geneva, Switzerland, reinstated India’s commitment to strengthen its work with ILO in view of emerging technologies and digitalization in the future of work.
Modi-led NDA govt must tackle unemployment problem, especially in unorganised sector: Rajiv Kumar
Former NITI Aayog Vice Chairman Rajiv Kumar emphasized that the Modi government's third term must address unemployment, particularly in the unorganized sector and SMEs. He highlighted the need to finalize the delayed four labor codes and recognized the K-shaped economic recovery post-COVID. Large corporations and highly skilled individuals have prospered, while lower-end workers and SMEs struggle.
World unemployment to fall slightly in 2024: UN
The International Labour Organization (ILO) predicts a slight decrease in global unemployment in 2024, contrary to its earlier forecast of a rise, citing "slow progress" in addressing inequalities. Despite improvements, disparities persist, with women in low-income countries disproportionately affected. The ILO calls for inclusive policies to ensure a fair recovery.
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India seen to emerge as an economic superpower in impending problem-ridden global financial landscape
Global recession risks have diminished, but inflation concerns threaten financial stability. The IMF, World Bank, and rating agencies forecast a slowdown in global growth, citing Middle East conflicts, financial stress, persistent inflation, and reduced international trade as key risks. The IMF's Global Debt Monitor reveals global debt at $235 trillion, or 238% of global GDP, raising fears of a debt crisis. Fiscal prudence may suffer as many nations face elections this year.
India's employment data: PM Modi's naukri numbers appraisal spars with Congress in election fray
Narendra Modi: India is in the final stages of a significant election campaign, with a focus on job discussions taking precedence. The ruling BJP, led by Prime Minister Narendra Modi, highlights positive employment indicators. However, the opposition, particularly Congress leader P. Chidambaram, challenged these claims and demanded transparency on job creation data.
112th International Labour Conference: India and other countries to come up with legal framework on bio hazards
The International Labour Organisation will introduce a legal framework to protect the global workforce from biological hazards, emphasizing the impact of Covid-19. India and 186 other countries will discuss this at the 112th International Labour Conference in Geneva, focusing on standalone legislation, occupational safety, health, and national policies for prevention and protection.
Indian seafarers remain most abandoned at sea for another year
For two consecutive years, Indian seafarers have faced the highest rates of abandonment, with 411 individuals already left stranded on ships within the initial six months of the current year. According to a report from TOI, a total of 116 vessels and 1,672 seafarers have been abandoned so far in this year.
India breaks record with over $111 billion in remittances in 2022
India leads 2022 remittances with over USD 111 billion, facing challenges like rights violations in Gulf States and COVID-19 impact on migration patterns, highlighting migrant workers' struggles worldwide.
India seeks more presence at decision-making level of ILO
India pushes for enhanced representation at ILO by revising criteria to include demographic dividend, global demand-supply gap, and population/labor workforce. This aims for equitable decision-making and strategic alignment with labor-related issues.
High-powered committee to implement breaks for food, nature's call for train drivers
The Ministry of Labour has constituted a high-powered committee to work out the modalities "to provide defined time intervals for food and attending calls of the nature while on duty for the Loco Running Staff of the Indian Railway". The initiative is in line with the International Labour Organisation's (ILO) Hours of Work (Industry) Convention, 1919, which has been ratified by India.
International Labour day 2024: What's open and closed on May 1 in India?
Labour Day 2024: May Day promotes dialogue among social partners internationally. India commemorates 50 crore workers, with the first Labour Day celebrated in 1923. The day is marked under various names across Indian states, coinciding with Maharashtra Day affecting banks and markets.
India objects to ILO report that claims 83% unemployed are youth
Labour and employment secretary Sumita Dawra called senior ILO officials and conveyed the government's displeasure over the India Employment Report 2024, prepared by the Institute for Human Development in collaboration with a multilateral organisation, people familiar with the development told ET.
22.8 million work suffer occupational injuries, 18,970 die every year globally due to excessive heat wave: ILO
According to a global report, released by the International Labour Organisation on Monday, epidemics of chronic kidney disease of unknown aetiology (CKDu) are affecting large numbers of workers conducting heavy manual labour in hot temperatures and rural regions of the Americas, Africa, the Middle East and India, resulting in abnormally high number of deaths among agricultural workers due to irreversible kidney failure.
Educated and unemployed: India's angry young voters
The World Bank warned this month that India -- like other South Asian nations -- was "not creating enough jobs to keep pace with its rapidly increasing working-age population". South Asia is failing "to fully capitalise on its demographic dividend", said Franziska Ohnsorge, the bank's regional chief economist, calling it a "missed opportunity".
India's economic performance good, efforts needed to sustain it: EAC-PM member Sanjeev Sanyal
Sanjeev Sanyal emphasizes the need to sustain India's economic growth amidst external uncertainties. Favorable monsoon and moderated food prices could help maintain growth momentum. Investment in storage and FDI momentum are crucial for economic stability and job creation.
Citing International Labour Organization & Institute for Human Development report, Congress targets Modi govt
The Congress criticized the Modi government over rising unemployment, citing the India Employment Report 2024 by ILO and IHD. Congress president Mallikarjun Kharge called it a "ticking bomb" and criticized the government for not addressing the issue. Jairam Ramesh highlighted concerns over the past decade, noting minimal employment growth despite new job entrants. He also pointed out high urban and rural youth unemployment rates and a shift towards low-paying informal jobs without social security under the Modi government.
India needs more employment intensive growth and good quality jobs, says ILO
India needs to increase its employment-intensive growth and production while improving job quality, according to a report by the International Labour Organisation (ILO) in association with the Institute for Human Development. The report outlines five critical policy issues that need intervention at national and state levels to address decent work deficits faced by youth in the country.
India plans to replace minimum wage by living wages by 2025; Here's what it could it mean
India is planning to replace its minimum wage system with a living wage by 2025, seeking assistance from the International Labour Organization (ILO) to develop a framework for estimating and implementing it. The move aims to lift millions out of poverty and ensure their well-being. India has more than 500 million workers, with 90% in the unorganized sector. While many earn a daily minimum wage of ₹176 or more, stagnant since 2017, the national wage floor lacks enforceability across states, leading to wage payment discrepancies.
India plans to shift from minimum wage to living wage by 2025
Living wages – a minimum income necessary for a worker to meet their basic needs, factoring in key social expenditure by an individual such as housing, food, healthcare, education and clothing – were endorsed by the ILO earlier this month. These would be higher than basic minimum wages. “We could go beyond minimum wages in a year,” a senior govt official told ET.
Illegal profits from forced labour up by 37% in last 10 years to $236 billion per year: ILO
In its report on the economics of forced labour, the International Labour Organisation said the dramatic increase of $64 billion since 2014 has been fuelled by both a growth in the number of people forced into labour, as well as higher profits generated from the exploitation of victims.
ILO urges nations to recognise domestic workers as care workers; proposes to include them in social security system
In its policy paper, released on Friday, ILO said care economy is expected to create 300 million jobs by 2035 and hence it is important to recognize the skills of domestic workers and ensure adequate remuneration and other benefits to them while also raising awareness of the critical role that domestic workers play in caring, directly and indirectly, for children, older persons, persons with disabilities in need of support, and those in need of long-term care.
As Davos crowd gathers, governments urged to rein in 'billionaire class'
Oxfam reveals the wealth of the world's five richest men has surged to $869 billion since 2020, doubling, while five billion people face increased poverty. A report highlights that billionaires now dominate seven out of ten major global companies. Oxfam calls for government intervention to curb corporate power, advocating for measures like breaking up monopolies and imposing taxes on excess wealth. The study exposes that 148 top corporations earned $1.8 trillion in profits, leading to significant shareholder payouts while millions of workers faced wage cuts in real terms amid rising inflation.
ILO pegs global unemployment rate at 5.2 per cent in 2024
The International Labour Organization (ILO) has projected a global unemployment rate of 5.2% in 2024, slightly higher than the 5.1% in 2023. The World Employment and Social Outlook Trends: 2024 report notes that working poverty will persist, and income inequality will widen, emphasizing the need for greater social justice for a sustainable recovery.
ILO doesn't clock in to Narayana Murthy's 70-hour work week model
As per the ILO, the premise that long working hours result in high productivity is a myth. Working excessively long hours on a regular basis has been shown to reduce hourly productivity due to greater fatigue, according to Anoop Satpathy, wage specialist at ILO India.
World is off-track on two-thirds of SDG 8 indicators: ILO
An ILO analysis of the Sustainable Development Goal 8 shows that no progress has been made on its indicators over the last eight years and that the international community today is almost as far from reaching the targets of SDG 8 as it was in 2015, suggesting a need for greater multilateral and national action. SDG 8 aims to promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.
AI unlikely to destroy most jobs, but clerical workers at risk: International Labour Organization
An explosion of interest in generative AI and its chatbot applications has sparked fears over job destruction, similar to those that emerged when the moving assembly line was introduced in the early 1900s and after mainframe computers in the 1950s.
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