[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111322-en":3,"doc-seo-111322-105":29,"detail-sidebar-cat-0-en-105":90},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":11,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},111322,4810365810221,"Aurora","https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d",8,"Research & Report","Gilbert F. Houngbo statement - 109th Meeting of the Development Committee - April 19, 2024","The statement outlines the ILO’s assessment of labour market and development conditions as of 2024. It highlights that global unemployment and the jobs gap declined in 2023, yet real wages fell across most G20 countries due to inflation outpacing wage gains. It also stresses risks from generative AI, rising extreme poverty, and widening inequality within countries. The statement argues for accelerated climate action, expanded and adequately financed social protection, and a social-justice-centered approach to strengthen recovery and multilateral cooperation.","Public Disclosure Authorized Public Disclosure Authorized  \nDEVELOPMENT COMMITTEE  \n(Joint Ministerial Committee  \nof the  \nBoards of Governors ofthe Bank and the Fund  \non the  \nTransfer of Real Resources to Developing Countries)  \nONE HUNDRED AND NINTH MEETING WASHINGTON, DC – APRIL 19, 2024  \nDC/S/2024-0024 April 19, 2024  \nStatement by  \nGilbert F. Houngbo Director-General  \nInternational Labour Organization  \nStatement by  \nGilbert F. Houngbo  \nDirector-General  \nInternational Labour Organization  \n109th Meeting of the Development Committee  \nApril 19, 2024  \nWashington, DC  \nSummary  \n● The ILO’s research shows that in 2023, the global unemployment rate and the jobs gap (constituting the number of jobless individuals actively seeking work) declined below pre-pandemic values, with the latter remaining elevated at close to 435 million. But despite lower unemployment and positive employment growth, real wages declined in the majority of G20 countries as wage increases failed to keep pace with inflation. The number of workers living in extreme poverty grew by about 1 million globally, while large sectoral heterogeneity of earnings further widened within-country income inequality.  \n● Generative Artificial Intelligence (AI) will significantly impact the labour market: up to 75 million jobs across the world risk to be fully automated. Nearly two-thirds of those jobs (48 million) are held by women, who are over-represented in the clerical occupations that will be the most greatly affected by AI. Those workers will see their day-to-day tasks transformed in a large number of ways. Policy attention therefore needs to focus on managing the use of AI in the workplace and preventing it from leading to violations of rights at work. The ILO will continue to lead research and collaborate with the IMF and World Bank to better understand and address these transformations.  \n● Climate inaction costs lives, jobs, and growth: we need to accelerate the climate transition. Public and private finance is indispensable in order to expand green and low-carbon activities, to transform environmentally unsustainable business practices, and to attain social resilience and transformation. And financing for the social dimension must be an integral part of climate transition financing strategies. Private finance capital is required to complement public finance, as are international development finance and climate funds for developing countries. The ILO will further cooperate with governments, IFIs, the private financial sector and the social partners to advance a just transition and to support measures for its implementation, including the promotion of sustainable enterprises. The World Bank Board should take bolder action in scaling up development finance, while the IMFC needs to greenlight the rechannelling of special drawing rights (SDRs) to social and environmental just transitions.  \n● The world is on two very different and divergent social protection trajectories, with high-incomecountries edging closer to universal coverage (85.9 per cent), but low-income countries having barely progressed since 2015 (9.7 per cent) . Under-investment in social protection continues to be one of the main reasons for inadequate coverage rates. In low-and middle-income countries there is a need to spend an additional USD 1.4 trillion or 3.3 per cent of GDP (2024) to extend a social protection floor to all. While domestic resource mobilization must remain the foundation of national social protection  \nsystems, in the case oflow-income countries, the size of the financing gap of 52.3 per cent of their GDP is such that international solidarity is absolutely essential. Collaboration between the IFIs, the ILO and the UN system as a whole is of the utmost importance to expand the fiscal space for social protection.  \n● Addressing the current challenges requires a focus on social justice as the cornerstone of more sustained recovery and renewed multilateralism. This entails ","cbCailxvT1qZJKT2","https://ap.wps.com/l/cbCailxvT1qZJKT2","pdf",282617,2,1,"English","en",105,"# Summary\n## Economic and social outlook","[{\"question\":\"What labour market trends did the ILO observe in 2023?\",\"answer\":\"Global unemployment and the jobs gap declined below pre-pandemic levels, but the jobs gap remained elevated at close to 435 million. Real wages decreased in most G20 countries as wage growth did not keep up with inflation.\"},{\"question\":\"How does the statement describe the impact of generative AI on jobs?\",\"answer\":\"It warns that up to 75 million jobs could be fully automated. Nearly two-thirds of these at-risk jobs are held by women, whose day-to-day tasks may be transformed, making workplace rights protections a key policy focus.\"},{\"question\":\"What financing and policy actions does the statement call for on climate and social protection?\",\"answer\":\"It calls for accelerating the climate transition through expanded public and private finance and integrating funding for the social dimension. For social protection, it emphasizes international solidarity to close large financing gaps in low-income countries and collaboration among IFIs, the ILO, and the UN system.\"}]",1784489605,20,{"code":4,"msg":30,"data":31},"ok",{"site_id":24,"language":23,"slug":32,"title":13,"keywords":33,"description":14,"schema_data":34,"social_meta":85,"head_meta":87,"extra_data":89,"updated_unix":27},"gilbert-f-houngbo-statement-109th-meeting-of-the-development-committee-april-19-2024","",{"@graph":35,"@context":84},[36,52,67],{"@type":37,"itemListElement":38},"BreadcrumbList",[39,43,46,49],{"item":40,"name":41,"@type":42,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":44,"name":45,"@type":42,"position":20},"https://docshare.wps.com/document/","Document",{"item":47,"name":12,"@type":42,"position":48},"https://docshare.wps.com/document/research-report/",3,{"item":50,"name":13,"@type":42,"position":51},"https://docshare.wps.com/document/gilbert-f-houngbo-statement-109th-meeting-of-the-development-committee-april-19-2024/111322/",4,{"url":50,"name":13,"@type":53,"author":54,"headline":13,"publisher":56,"fileFormat":59,"inLanguage":23,"description":14,"dateModified":60,"datePublished":61,"encodingFormat":59,"isAccessibleForFree":62,"interactionStatistic":63},"DigitalDocument",{"name":9,"@type":55},"Person",{"url":40,"name":57,"@type":58},"DocShare","Organization","application/pdf","2026-07-24","2026-07-19",true,{"@type":64,"interactionType":65,"userInteractionCount":20},"InteractionCounter",{"@type":66},"ViewAction",{"@type":68,"mainEntity":69},"FAQPage",[70,76,80],{"name":71,"@type":72,"acceptedAnswer":73},"What labour market trends did the ILO observe in 2023?","Question",{"text":74,"@type":75},"Global unemployment and the jobs gap declined below pre-pandemic levels, but the jobs gap remained elevated at close to 435 million. Real wages decreased in most G20 countries as wage growth did not keep up with inflation.","Answer",{"name":77,"@type":72,"acceptedAnswer":78},"How does the statement describe the impact of generative AI on jobs?",{"text":79,"@type":75},"It warns that up to 75 million jobs could be fully automated. Nearly two-thirds of these at-risk jobs are held by women, whose day-to-day tasks may be transformed, making workplace rights protections a key policy focus.",{"name":81,"@type":72,"acceptedAnswer":82},"What financing and policy actions does the statement call for on climate and social protection?",{"text":83,"@type":75},"It calls for accelerating the climate transition through expanded public and private finance and integrating funding for the social dimension. For social protection, it emphasizes international solidarity to close large financing gaps in low-income countries and collaboration among IFIs, the ILO, and the UN system.","https://schema.org",{"og:url":50,"og:type":86,"og:title":13,"og:site_name":57,"og:description":14},"article",{"robots":88,"canonical":50},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":91},[92,96,100,104,109,114,119,122,126,129,133],{"id":21,"doc_module":4,"doc_module_name":45,"category_name":93,"show_sort_weight":94,"slug":95},"Story & Novel",90,"story-novel",{"id":20,"doc_module":4,"doc_module_name":45,"category_name":97,"show_sort_weight":98,"slug":99},"Literature",80,"literature",{"id":51,"doc_module":4,"doc_module_name":45,"category_name":101,"show_sort_weight":102,"slug":103},"Exam",70,"exam",{"id":105,"doc_module":4,"doc_module_name":45,"category_name":106,"show_sort_weight":107,"slug":108},5,"Comic",60,"comic",{"id":110,"doc_module":4,"doc_module_name":45,"category_name":111,"show_sort_weight":112,"slug":113},6,"Technology",50,"technology",{"id":115,"doc_module":4,"doc_module_name":45,"category_name":116,"show_sort_weight":117,"slug":118},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":45,"category_name":12,"show_sort_weight":120,"slug":121},30,"research-report",{"id":123,"doc_module":4,"doc_module_name":45,"category_name":124,"show_sort_weight":28,"slug":125},9,"Religion & Spirituality","religion-spirituality",{"id":28,"doc_module":4,"doc_module_name":45,"category_name":127,"show_sort_weight":28,"slug":128},"World Cup","world-cup",{"id":130,"doc_module":4,"doc_module_name":45,"category_name":131,"show_sort_weight":130,"slug":132},10,"Lifestyle","lifestyle",{"id":134,"doc_module":4,"doc_module_name":45,"category_name":135,"show_sort_weight":105,"slug":136},19,"General","general"]