Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap UN report says that education, social safety nets vital for Asia to grow rich, cope with aging !

UN report says that education, social safety nets vital for Asia to grow rich, cope with aging

Time:2024-05-29 02:41:06 source:International Insights news portal

TOKYO (AP) — As economies in Asia and the Pacific slow and grow older, countries need to do more to ensure that workers get the education, training and social safety nets needed to raise incomes and ensure social equity, a United Nations report said Tuesday.

The report by the International Labor Organization said that growth in productivity has slowed, hurting incomes and undermining the purchasing power of the region’s 2 billion workers. By improving productivity, governments can boost incomes and better prepare for the aging of their work forces, the report said.

Two in three workers in the region were in informal employment in 2023, such as day labor, lacking the kinds of protections that come from formal jobs.

“The lack of job opportunities that meet decent work criteria, including good incomes, not only jeopardizes social justice in the region, but it also presents a risk factor for the labor market outlook,” the report said.

Related information
  • Taylor Swift adds three new opening acts to her Eras Tour shows at Wembley Stadium in London
  • Ippei Mizuhara, ex
  • Trocheck's power
  • New lawsuit renews challenge to Tennessee laws targeting crossover voting in primary elections
  • China's industrial profits up 4.3 pct in January
  • Georgia lawmakers vowed to restrain tax breaks. But the governor's veto saved a data
  • One Extraordinary Photo: AP photographer’s Pulitzer Prize
  • Missouri's GOP Gov. Mike Parson signs law expanding voucher
Recommended content
  • NBA Finals: Boston Celtics beat Indiana Pacers 105
  • How Kim Kardashian's breathtaking silver corset proves the dangerous centuries
  • NYC real estate developer charged with driving into woman at pro
  • One Extraordinary Photo: AP photographer’s Pulitzer Prize
  • Novelist Elizabeth Day reveals politicians have turned down her award
  • Shopify's shares tumble on weak outlook after a very strong start to 2024