1.4 billion workers in vulnerable employment - International Labour Organization

diamond hope

February 20, 2018 10:31 AM

It has been disclosed by the International Labour Organization in a report that almost 2 billion people are in vulnerable employment.

A report published by the International Labour Organisation (ILO) stated that no fewer than 1.4 billion workers are in vulnerable employment globally.

The report further stated that "Vulnerable employment affects three out of four workers in developing countries. Almost 1.4 billion workers are estimated to be in vulnerable employment in 2017. Every year, an additional 17 million are expected to join them."

In 2017, extreme working poverty remained widespread, with more than 300 million workers in emerging and developing countries having a per capita household income or consumption of less than $1.90 per day.

Overall, progress in reducing working poverty is too slow to keep pace with the growing labor force in developing countries, where the number of people in extreme working poverty is expected to exceed 114 million in 2018 or 40% of all employed people.

"Working poverty continues to fall but - again - just like for vulnerable employment , progress is stalling," explained Stefan Kühn, lead author of the ILO World Employment and Social Outlook: Trends 2018.

"Emerging countries achieved significant progress in reducing extreme working poverty. It should continue to fall, translating into a reduction in the number of extreme working poor by 10 million per year in 2018 and 2019. However, moderate working poverty, in which workers live on an income of between US$1.90 and US$3.10 per day, remains widespread, affecting 430 million workers in emerging and developing countries in 2017," said Kühn.

Kühn concluded that the findings of the WESO Trends 2018 report are a reminder that more efforts need to be done to reduce inequalities and to ensure better living and working conditions for the 1.4 billion workers facing a similar situation throughout the world.

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