UN Report: Half A Billion People Struggle To Find Adequate Paid Work

[appalachiablue]

Last edited Tue Jan 21, 2020, 12:36 AM - Edit history (2)

Source: The Guardian

Nearly half a billion people around the world are struggling to find adequate paid work, trapping individuals in poverty and fuelling heightened levels of inequality, according to a UN report. In a study published as world leaders fly into the Swiss ski resort of Davos to voice concerns over inequality and the climate crisis, the UN's International Labour Organization (ILO) said more than 473 million people around the world lacked the employment opportunities to meet their needs.

In addition, the UN agency said global unemployment was due to rise for the first time in almost a decade in 2020, as weaker levels of economic growth around the world lead to the number of people out of work rising by about 2.5 million to stand at more than 190 million. The report comes after the UN said last week that trade tensions risked dragging down global growth this year, in a development that would derail international efforts to tackle poverty in low-income countries and distract from the task of decarbonising the world economy.

Out of a working-age population of 5.7 billion people around the world, the ILO found as many as 165 million people were employed but unable to find work with an adequate amount of paid hours to meet their needs. It also found a further 119 million had either given up actively searching for work or lacked access to the jobs market because of their personal situations. Alongside those officially classified as unemployed, about 473 million people across the planet are affected.

Calling for urgent efforts to ensure that all types of paid work are also of decent quality, Guy Ryder, the director general of the ILO, said: "For millions of ordinary people, it's increasingly difficult to build better lives through work...

Read more: https://www.theguardian.com/inequality/2020/jan/20/un-report-half-a-billion-people-struggle-to-find-adequate-paid-work

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"I can hire one half of the working class to kill the other half." (competition for jobs). Jay Gould, (1836-1892) 19th c. American railroad magnate, financial speculator and robber baron of the Gilded Age. https://en.wikipedia.org/wiki/Jay_Gould



- Jay Gould, American railroad baron.

[OldBaldy1701E]

1. Well...

when you tweak a society to remove any means to survive on your own, what do you expect? People were able to survive just fine without money in the past, so of course, the people who control the money have to make sure you only use their means of exchange. They did a great job destroying the concept of barter back around the turn of the last century. They have sponsored laws and ordinances that deny urban and suburban dwellers the ability to grow their own food, thus forcing everyone to buy food from.... the same people who made being self sufficient a crime. The fact is that our illusion filled, capitalistic lifestyle is being pushed on the rest of the world whether they want it or not and this is a major factor in creating the issue.

[Maxheader]

2. Could be..

the reason?...

According to the OECD in 2012 the top 0.6% of world population (consisting of adults with more than US$1 million in assets) or the 42 million richest people in the world held 39.3% of world wealth. The next 4.4% (311 million people) held 32.3% of world wealth. The bottom 95% held 28.4% of world wealth.