Around half a billion people work fewer paid hours than they would like or are not getting enough access to paid work, shows a study published by the International Labour Organization (ILO) on Monday, which also forecasts that unemployment will rise by about 2.5 million this year.
The number of people unemployed around the world stands at some 188 million. In addition, 165 million people don’t have enough paid work, and 120 million have either given up actively searching for work or otherwise lack access to the labor market.
Eradicating poverty is an important element of the UN’s 2030 Agenda for Sustainable Development but, according to the ILO study, moderate or extreme working poverty – deﬁned as earning less than the equivalent of $3.20 per day – is expected to edge up in 2020-21 in developing countries.
This post was originally published by the UN News Centre. Click here to read.