[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-110254-en":3,"doc-seo-110254-105":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":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"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},110254,1649267921044,"Ava Thompson","https://us-avatar.wpscdn.com/avatar/1800007509477c92dfb?_k=1782875107921204101",8,"Research & Report","Statement by Mr. Gilbert Houngbo - 108th Meeting of the Development Committee - October 12, 2023 - Summary","Statement by Mr. Gilbert Houngbo, Director-General of the International Labour Organization, presented at the 108th Meeting of the Development Committee on October 12, 2023 in Marrakech. The statement outlines trends in global unemployment, job-seeking, and employment growth, highlighting persistent gender and youth disadvantages and the scale of the global jobs gap. It also emphasizes the need for ambitious reforms, proactive employment policies, and expanded social protection financing, including through the UN Global Accelerator on Jobs and Social Protection for Just Transitions.","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 EIGHTH MEETING MARRAKECH, MOROCCO – OCTOBER 12, 2023  \nDC/S/2023-0055 October 12, 2023  \nStatement by  \nMr. Gilbert Houngbo Director-General  \nInternational Labour Organization  \nStatement by  \nMr. Gilbert Houngbo  \nDirector-General  \nInternational Labour Organization  \n108th Meeting of the Development Committee  \nOctober 12, 2023  \nMarrakech, Morocco  \nSummary  \n● This year’s global unemployment rate is projected to be virtually the same as last year’s, falling slightly to around 5.3 per cent. The number of jobseekers is also set to decline by around 1.2 million to reach 191 million worldwide. Global employment growth stands to be only 1.0 per cent in 2023, less than half the level in 2022.  \n● Globally, the labour force participation rate of women remained low at around 47 per cent in 2023, compared with around 72 per cent for men, although the gap has somewhat closed owing to falling participation rates of men. Overall, labour force participation rates are not reverting to pre-pandemic levels, as weak economic conditions, lingering health problems and population aging weigh on people’s return to the labour market.  \n● Young people (aged 15–24) are particularly affected by challenges in finding and keeping decent employment. Their unemployment rate is three times that of adults. More than one-in-five – 23.5 percent – of young people are not in employment, education, or training (NEET) .  \n● In 2023, there are 453 million people who want to work but do not have a job (corresponding to a global jobs gap rate of 11.7 per cent), more than double the unemployment count. Developing countries face far larger labour underutilization than advanced economies: the jobs gap rate stands at 21.5 per cent in low-income countries, compared to 8.2 per cent in high-income countries.  \n● The reforms of international financial institutions currently under discussion have the potential to make a significant difference at the country level if they are implemented expeditiously and sufficiently ambitious relative to the economic, social and environmental challenges and opportunities countries are facing. Priority should be placed on expanding and expediting assistance for debt-distressed developing countries to enable their governments to maintain critical social spending in such areas as social protection and decent work. In particular, policy-makers need to ensure that macroeconomic and employment strategies take greater account of the important role played by other aspects of decent work beyond employment per se, including with respect to global supply chains, social protection and just transitions to climate change.  \n● At the country level, governments need to implement proactive employment policies that balance macroeconomic and employment goals based on a sufficiently encompassing view of labour market trends and decent work deficits. Taking account of broader measures of labour market conditions, such  \nas the ILO’s new jobs gap indicator, would provide policymakers with a more comprehensive and textured picture of this critical human aspect of their economies.  \n● Over half of the world’s population is without any form of social protection benefit. Under-investment in social protection remains one of the main reasons for the low coverage rates. Public expenditure on social protection (excluding healthcare) stood on average at about 12.9% of GDP worldwide in 2020, while the ILO estimates the financing gap for extending a Social Protection Floor to all people in developing countries to be about USD 1.2 trillion, or 3.8% of GDP.  \n● The UN Global Accelerator on Jobs and Social Protection for Just Transitions offers a vehicle to increase the pace of progress on these challenges through a three-pron","cbCaiqyEfwMpBJsG","https://ap.wps.com/l/cbCaiqyEfwMpBJsG","pdf",308839,1,9,"English","en",105,"# Summary\n## Employment and social outlook\n## Labour market participation and youth employment\n## Jobs gap and international policy priorities\n## Social protection financing and policy implications","[{\"question\":\"What are the key global labor market projections for 2023 mentioned in the statement?\",\"answer\":\"The statement projects global unemployment to stay near last year’s level, around 5.3%, with jobseekers declining by about 1.2 million to roughly 191 million worldwide. Employment growth is expected to be about 1.0% in 2023.\"},{\"question\":\"How does the statement describe gender and youth challenges in labor markets?\",\"answer\":\"Women’s labour force participation remains much lower than men’s (around 47% vs. around 72% in 2023), and the gap has only partially closed. Young people (15–24) face especially high unemployment risk, with many also not in employment, education, or training (NEET).\"},{\"question\":\"What policy direction does the statement recommend regarding reforms and social protection?\",\"answer\":\"It calls for expeditious, sufficiently ambitious reforms by international financial institutions, especially by expanding assistance for debt-distressed developing countries. It also stresses proactive employment policies and increasing investment and financing for social protection, including use of the UN Global Accelerator to support national strategies and multilateral cooperation.\"}]",1784484575,23,{"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},"statement-by-mr-gilbert-houngbo-108th-meeting-of-the-development-committee-october-12-2023-summary","",{"@graph":35,"@context":84},[36,53,67],{"@type":37,"itemListElement":38},"BreadcrumbList",[39,43,47,50],{"item":40,"name":41,"@type":42,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":44,"name":45,"@type":42,"position":46},"https://docshare.wps.com/document/","Document",2,{"item":48,"name":12,"@type":42,"position":49},"https://docshare.wps.com/document/research-report/",3,{"item":51,"name":13,"@type":42,"position":52},"https://docshare.wps.com/document/statement-by-mr-gilbert-houngbo-108th-meeting-of-the-development-committee-october-12-2023-summary/110254/",4,{"url":51,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":23,"description":14,"dateModified":61,"datePublished":61,"encodingFormat":60,"isAccessibleForFree":62,"interactionStatistic":63},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":40,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-19",true,{"@type":64,"interactionType":65,"userInteractionCount":4},"InteractionCounter",{"@type":66},"ViewAction",{"@type":68,"mainEntity":69},"FAQPage",[70,76,80],{"name":71,"@type":72,"acceptedAnswer":73},"What are the key global labor market projections for 2023 mentioned in the statement?","Question",{"text":74,"@type":75},"The statement projects global unemployment to stay near last year’s level, around 5.3%, with jobseekers declining by about 1.2 million to roughly 191 million worldwide. Employment growth is expected to be about 1.0% in 2023.","Answer",{"name":77,"@type":72,"acceptedAnswer":78},"How does the statement describe gender and youth challenges in labor markets?",{"text":79,"@type":75},"Women’s labour force participation remains much lower than men’s (around 47% vs. around 72% in 2023), and the gap has only partially closed. Young people (15–24) face especially high unemployment risk, with many also not in employment, education, or training (NEET).",{"name":81,"@type":72,"acceptedAnswer":82},"What policy direction does the statement recommend regarding reforms and social protection?",{"text":83,"@type":75},"It calls for expeditious, sufficiently ambitious reforms by international financial institutions, especially by expanding assistance for debt-distressed developing countries. It also stresses proactive employment policies and increasing investment and financing for social protection, including use of the UN Global Accelerator to support national strategies and multilateral cooperation.","https://schema.org",{"og:url":51,"og:type":86,"og:title":13,"og:site_name":58,"og:description":14},"article",{"robots":88,"canonical":51},"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":20,"doc_module":4,"doc_module_name":45,"category_name":93,"show_sort_weight":94,"slug":95},"Story & Novel",90,"story-novel",{"id":46,"doc_module":4,"doc_module_name":45,"category_name":97,"show_sort_weight":98,"slug":99},"Literature",80,"literature",{"id":52,"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":21,"doc_module":4,"doc_module_name":45,"category_name":123,"show_sort_weight":124,"slug":125},"Religion & Spirituality",20,"religion-spirituality",{"id":124,"doc_module":4,"doc_module_name":45,"category_name":127,"show_sort_weight":124,"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"]