'Asia's working force to reach 2 billion people in 2015'

The International Labor Office (ILO) said Friday that Asia's vast labour force is expected to grow by more than 200 million people between now and the year 2015, thus reaching 2 billion then, currently at 1.8 billion.

'Asia's working force to reach 2 billion people in 2015'
The International Labor Office (ILO) said Friday that Asia's vast labour force is expected to grow by more than 200 million people between now and the year 2015, thus reaching 2 billion then, currently at 1.8 billion.

According to a new report "Visions for Asia's Work Decade: Sustainable Growth and Jobs to 2015" issued today by the ILO, the expanding output would not be enough to create the jobs needed to reduce poverty.

The report says that there remained "a great deal of serious work to be done" to improve the quality of the jobs that are created and to ensure that the benefits of Asia's future economic growth are more equitably distributed."

It adds that the service sector will be the main source of job creation and by 2015 will become the largest sector, representing about 40.7 percent of the region's total employment.

"The share of industrial employment is expected to increase from 23.1 percent in 2006 to 29.4 percent in 2015, while the share of agricultural employment is projected to decline from 42.6 percent to 29.4 percent between 2006 and 2015", adds the report.

The report also identifies major challenges requiring significant attention in the coming years to ensure social and environmental sustainability. "Despite a decline in the number of working poor living on less than USD 2 per person, perday since 1996 by some 123 million, over 1 billion, or 61.9 percent of the region's workforce, were still working in the informal economy, with little or no social protection and often in low-productivity jobs," says the report.

The report adds that while this share has dropped from 67.2 percent a decade earlier, it is not likely that there will be a major reduction in the relative size of the informal economy by 2015.

Among the challenges, says the report, is that the accelerating rural-urban migration will lead to a growth of the region's urban population by 350 million by 2015, while the rural population will increase by only 15 million.

KUNA
Last Mod: 10 Ağustos 2007, 18:38
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