Unemployment opportunity ILO 2015?

According to the International Labour Organization (ILO) in 2015, the global unemployment rate was estimated to be around 5.9%, with approximately 197.1 million people unemployed worldwide. This represented an increase of 3.4 million unemployed individuals compared to the previous year. The ILO highlighted the need for policies and strategies to address the challenges of unemployment and promote inclusive and sustainable economic growth.

Key Findings from the ILO Global Unemployment Report 2015

- Global unemployment rate: 5.7% (202 million unemployed individuals)
- Highest unemployment rates: Southern Europe (18.7%), North Africa (12.5%), sub-Saharan Africa (8%)
- Lowest unemployment rates: South and Southeast Asia (4.1%), Latin America and the Caribbean (6.1%)
- 5.3 million jobs lost globally between 2014 and 2015
- Young people (15-24 years) face disproportionately high unemployment: 13.1% globally, up from 12.9% in 2014
- Gender gap in unemployment persists: Women's unemployment rate (5.9%) slightly higher than men's (5.5%)
- Long-term unemployment remains a major concern: 30% of unemployed individuals have been jobless for more than one year
- Structural factors, technological change, and slow economic growth contribute to unemployment
- Policy measures needed to promote job creation and reduce unemployment

Policy Recommendations

- Promote investment in infrastructure and public works programs
- Support small and medium-sized enterprises (SMEs)
- Invest in education and skills development
- Implement active labor market policies (e.g., job training, job placement services)
- Strengthen social protection measures for unemployed workers
- Address the root causes of unemployment, such as poverty, inequality, and discrimination