Global labour market-doubtful future for many, UN study
03 Jun '06
2 min read
The authors caution that the HIV/AIDS epidemic, which hits people of working age hardest, is expected to cause an estimated total loss of some $270 billion by the year 2020 in some 41 countries hardest hit by the disease.
“A major effort is needed to improve productivity, earnings and working conditions in order to reduce working poverty that affects nearly half of all the workers in the world,” ILO Director-General Juan Somavia says in a preface to the report.
“We live in a time of opportunity and uncertainty in which some of the barriers that have prevented women and men from fully realizing their capabilities are coming down, but in which good jobs that provide the foundation of security to build better lives are increasingly difficult to find.”
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