The International Labour Organization (ILO) released the World Employment and Social Outlook Trends 2022 (WESO 2022), providing a comprehensive assessment of how the labour market recovery has deployed across the world.
It reports a slow and uncertain recovery, as the pandemic continues to have a significant impact on global labour markets, with different national approaches to tackle the crisis.
The project will support the transition from the informal to the formal economy through tripartite social dialogue in Arab States
The move to formality is a way to increase access to decent work and reduce poverty, foster sustainable and productive enterprises that compete in fair domestic and international markets and increase the power of government.
On 5 October 2020, the Indonesian Parliament adopted the “Omnibus Bill on Job Creation” to favour investments and positively impact employment in the country.
The labour law component of the Bill introduces important changes for employers on minimum wages, outsourcing and temporary contracts, severance payment, unemployment and other matters.
The OECD Employment Protection Legislation is a publication to be commended.
Chapter 3 elaborates on how job protection matters for labour market and economic outcomes with a recently updated methodology and indicators.
One key outcome: open-ended contracts have loosened, while fixed term contracts have been evenly loosened and restricted across OECD member countries.
Chapter 3 outcomes are key for employers’ organisations and companies when advocating for policies in support of innovation, agility of the labour market, and productivity.
The OECD Employment Outlook 2020 focuses on Worker security and Covid-19 crisis.
Chapter 1 provides valuable insights and data on the impact of Covid-19 on the labour market and the policy responses in OECD countries.
The following chapters furnish information on the access to unemployment benefits, a comparative review of employment protection legislation (EPL) across OECD countries, the situation of middle-skilled workers, and the consequences of the pandemic on vocational education and training graduates.