Tuesday, May 27, 2014

The ILO on the world's workers

Today, more than four in 10 workers in developing countries are considered to be in the so-called " middle” class -- meaning that they earn more than $4.00 a day!

Yet, more than half of all workers in the developing world -- some 1.5 billion people -- are in precarious positions, without contracts and social protections and often wallowing in poverty.

Around 839 million of them -- a full third of all workers in such countries -- earn less than $2.00 a day.

Some 30.6 million more people have been added to the global ranks of the unemployed since the crisis began, leaving a total of 199.8 million people jobless last year, with the number set to swell to 213 million by 2019.

 85 percent of the workforce in the developing world will still be living below the US-equivalent poverty line in 2018.

Some 213 million people will enter the labour market over the next five years -- 200 million of them in emerging and developing countries.

231.5 million people last year were living in a country other than the one they were born in. While the European Union by far remains the favoured destination, with 51 percent of migrants settled there, migrants have since the crisis increasingly been moving between developing countries. More and more educated young people from crisis-hit developed countries are also emigrating to emerging economies, the ILO report found.
"Already south-south migration is on the rise while workers are also leaving advanced economies, particularly some hard-hit European countries, for work opportunities in developing countries.

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