Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Low-income countries to be left behind without action on jobs - ILO

FILE PHOTO: Job seekers stand outside a construction site ahead of the release of the unemployement numbers by Statistics South Africa, in Eikenhof, south of Johannesburg, South Africa, June 23, 2020. REUTERS/Siphiwe Sibeko

A global employment divide between high-income and low-income countries is worsening as rising debt levels hit developing countries disproportionately, the International Labour Organisation (ILO) said on Wednesday.

It urged nations to offer global financial support on job creation and social protection to help narrow the gap.

While global unemployment is expected to fall below pre-pandemic levels to 191 million this year, a rate of 5.3%, low-income countries lag in the recovery process, said the ILO's 11th edition of the Monitor on the World Of Work.

Low-income countries in Africa and the Arab region are unlikely to recover to pre-pandemic levels of unemployment this year, with the jobless rate in North Africa expected to be 11.2% compared to 10.9% in 2019, said the report.

Rising debt levels compound challenges facing developing states, making policy intervention more difficult, said the ILO, which is launching a Global Coalition for Social Justice to push social justice as a national, regional and global policy.

"Investing in people through jobs and social protection will help narrow the gap between rich and poor nations and people," said ILO Director-General Gilbert F. Houngbo.

(Reporting by Madeline Chambers; Editing by Miranda Murray)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.