‘World Employment and Social Outlook Trends 2019’ Report Released By ILO

The International Labour Organization released World Employment and Social Outlook Trends 2019 report. As per the report, unemployment rates will fall to 4.9% in 2019 and remains steady in 2020.

Among the age group 15-24 the global unemployment stood at 11.8% which is much higher than it is among other age groups. In the global labor market, 2 billion out of 3.3 billion people worked keeping their economic security at risk in informal employment.

Source: ILO

Static/Current Takeaways Important for NIACL AO Mains Exam:

  • ILO Headquarter: Geneva, Switzerland, Director General: Guy Ryder, Formed: 1919.

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