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.

Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act, 1989

The Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act, 1989 is a critical piece of legislation designed to protect the rights and dignity of Scheduled Castes (SCs) and Scheduled
Share It

Financial Inclusion Index

The Financial Inclusion Index (FI-Index), as reported by the Reserve Bank of India (RBI), is a key metric that measures the level of financial inclusion across the country. Overview of the Fin
Share It

International Seabed Authority

The International Seabed Authority (ISA) is currently in the midst of negotiations regarding the extraction of metals from the high seas, particularly as U.S. efforts to fast-track this practice h
Share It

Election of Vice-President of India

Article 64 of the Constitution of India specifies that the Vice-President's post cannot remain vacant for any period of time, as it is essential for the functioning of the Rajya Sabha (Council
Share It

Maharashtra Scraps Hindi as Compulsory Third Language

The Maharashtra government recently scrapped its Government Resolutions (GRs) that mandated Hindi as a compulsory third language from Grades 1 to 5 in Marathi and English medium schools. While the
Share It

River Pollution in India

The Delhi government's focus on cleaning up the Yamuna River is part of a larger national effort to rejuvenate the Ganga River and its tributaries, in alignment with the Namami Gange Programme
Share It

Infrastructure Failures

The recent collapse of the Mahisagar River Bridge in Vadodara, which tragically claimed the lives of 20 people, underscores the growing concern over India's infrastructure quality. Similar
Share It

Special Intensive Revision (SIR)

The Supreme Court (SC) is currently reviewing the Election Commission of India’s (ECI) process for the Special Intensive Revision (SIR) of electoral rolls in Bihar, suggesting that Aadhaar,
Share It

GM Crop

In ongoing trade talks, the United States is advocating for India to open its agriculture market to genetically modified (GM) crops. However, India has firmly rejected this proposal, citing concer
Share It

India-Brazil Relations

India and Brazil share a growing and dynamic bilateral relationship that has evolved across various sectors since the establishment of diplomatic ties in 1948. Their Strategic Partnership, formali
Share It

Newsletter Subscription


ACQ IAS
ACQ IAS