Daily News Analysis

World Employment and Social Outlook Report 2023

stylish_lining

Released by- International Labour Organisation

Publication- Annually

  • Theme- The value of essential work.

About- It details the impact of economic slowdown on the global labour market.

2023 report- It calls for a revaluation of the work of key workers to reflect their social contribution and greater investment in key sectors.

  • Key workers- Food system workers, health workers, retail workers, security workers, manual workers, cleaning and sanitation workers, transport workers, and technicians and clerical workers.

 

Key highlights

Aspects

Trend

Global unemployment rate

5.1%, a modest improvement on 2022

Global labour force participation rate

It is expected to decline further in 2023, reaching 60.5% the lowest level since 1990.

Global labour income share

It has fallen by 3.3% points since 2004 indicating worsening of income inequality

Number of workers in extreme or moderate poverty

It is estimated to increase by 34 million in 2023, reversing the progress made in the past decade.

women workforce

They account for 38% of all key workers

globally, though they are the majority in health and retail.

Swachh Bharat Mission–Grameen (SBM-G)

The Swachh Bharat Mission–Grameen (SBM-G) has evolved from a toilet-construction programme into a broader community-led sanitation movement focused on behavioural change, waste management an
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Rising Household Debt in India

India is witnessing a significant rise in household debt, while net financial savings have declined from their pandemic-era highs. This trend raises concerns about the sustainability of credit-dri
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Bharat Maritime Insurance Pool (BMIP)

Why in the News? World Maritime Day 2026 was observed on 24 September 2026 under the theme “From Policy to Practice: Powering Maritime Excellence.” The theme highlights the importan
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India’s Shift Towards Deterrence by Punishment

​Why in News? At DefCon 2026, India’s Defence Minister outlined a shift in the country’s national security doctrine. He cautioned against the “perimeter fallacy” and h
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Swachh Vayu Sarvekshan 2026

Why in News? The Ministry of Environment, Forest and Climate Change (MoEFCC) organised Swachh Vayu Diwas 2026 on the occasion of the International Day of Clean Air for Blue Skies, observed annu
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Decentralised Grain Storage Plan in the Cooperative Sector

Why in News? The Decentralised Grain Storage Plan in the Cooperative Sector has gained attention because of its progress in expanding local-level grain storage capacity and strengthening agricu
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Geothermal Energy in India

Why in News? The Government of India’s push for geothermal energy development has brought renewed attention to India’s geothermal potential. This follows the notification of the Nat
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National Medical Commission (NMC)

Why in News? The National Medical Commission (NMC) recently proposed a Unique Identification (UID) system for doctors, which would allow doctors to practise across India without requiring separ
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India–Belgium Relations

Why in News? The Belgian Prime Minister’s September 2026 visit to India strengthened bilateral ties through the India–Belgium Joint Statement, the Investment Fast-Track Mechanism, a
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Pichavaram Mangrove Forest

Why in News? A landmark ecological study has estimated the Total Economic Value (TEV) of Tamil Nadu’s Pichavaram Mangrove Forest at approximately ₹2,485.38 crore. The valuation highligh
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