Nearly half billion people lack decent jobs: UN

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More than 470 million people worldwide are currently unemployed or underemployed, the UN said on Monday, warning that a lack of access to decent ...

About 285 million people worldwide are considered underemployed, meaning they either work less than they want to, have given up searching for work or otherwise lack access to the labour market. GENEVA: More than 470 million people worldwide are currently unemployed or underemployed, the UN said on Monday , warning that a lack of access to decent jobs was contributing to social unrest.

At the same time, the UN body stressed that some 285 million people worldwide are considered underemployed, meaning they either work less than they want to, have given up searching for work or otherwise lack access to the labour market. "I think that this is an extremely worrying finding," he said, adding that lacking access to decent work appeared to be part of what was spurring growing protest movements and unrest around the world.

The ILO report highlighted that more than 60 per cent of the global workforce currently work in the informal economy, often toiling for substandard wages and lacking basic social protections.

 

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