Labour market situation, challenges and opportunities G20 Task Force on Employment Sydney 5-6 th February 2014 International Labour Office (ILO) January,

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Presentation transcript:

Labour market situation, challenges and opportunities G20 Task Force on Employment Sydney 5-6 th February 2014 International Labour Office (ILO) January, 2014

Aspiration and Reality Jobs Gaps in G20 to pre 2007 Trend

Aspiration and Reality G20 unemployment since

Aspiration and Reality Evolution of long-term unemployment Share of one year or more in total unemployed

Aspiration and Reality Share of informal employment Percentage of non-agricultural employment, latest year available

Aspiration and Reality Decline in working poverty slows in

Aspiration and Reality Total growth in real average wages

Aspiration and Reality Decline in labour share in G20 economies

Aspiration and Reality Productivity growth compared to wage growth G20 Advanced economies,

Aspiration and Reality Long run decline in investment Gross fixed capital formation (% of GDP)

Aspiration and Reality Jobs Gaps in G20 to pre 2007 Trend