1.6 billion at the risk of losing jobs, warns ILO

News:According to the International Labour Organization(ILO) report, nearly half of the global workforce is at risk of losing livelihoods due to COVID-19. Facts: International Labour Organization(ILO): Established in: 1919  Aim: To promote social and economic justice through setting up of international labour standards. Members: 187 member states Headquarters: Geneva, Switzerland Significance: It is the first… Continue reading 1.6 billion at the risk of losing jobs, warns ILO

World Employment and Social Outlook Trends 2020 (WESO) report:ILO

News:The United Nations International Labour Organization(ILO) has released the World Employment and Social Outlook Trends 2020 (WESO) report. Facts: About the report: The report analyses key labour market issues, including unemployment, labour underutilisation, working poverty, income inequality, labour income share and factors that exclude people from decent work. Key findings of the report: The number… Continue reading World Employment and Social Outlook Trends 2020 (WESO) report:ILO

Gender diversity good for businesses: UN

United Nations International Labour Organisation (ILO) has released a report titled “Women in Business and Management: The business case for change” The report surveyed nearly 13,000 enterprises across 70 countries on assessing how gender diversity policies impact business outcomes. The report revealed that around 57% of companies agreed that increased gender diversity initiatives result in… Continue reading Gender diversity good for businesses: UN