Summary of World of Work Report 2013

Repairing the Economic and Social Fabric


Get the Report

World of Work Report 2013 summary
Despite some patchy improvements, analysts expect the global unemployment rate to increase in 2014.


8 Overall

8 Importance

8 Innovation

7 Style


Despite pockets of improvement in global employment since the financial crisis, many skeptics have characterized the current economic environment as a jobless recovery and expect unemployment to increase in 2014. This report from the International Institute for Labour Studies takes a hard look at the economic facts behind the published statistics. It makes a persuasive argument for ways in which countries might help improve their job and income prospects and thereby stimulate their economic growth. Those in favor of government involvement in addressing economic problems will find ample backing for their position here, while supporters of limited government are likely to disagree with this paper’s conclusions. Nonetheless, from its always-neutral perch, getAbstract believes this well-researched paper provides substantial food for thought on the topic of chronic global unemployment.

In this summary, you will learn

  • What global employment trends indicate
  • How income inequality affects the middle class
  • How minimum wages promote consumption, equity and growth
  • How public and private policies can shape job creation and prosperity


An Uneven Recovery
While the worldwide employment picture has brightened since the 2008 economic crisis, it’s still not back to pre-crisis levels. Globally, the employment rate – “the proportion of people of working age who have a job” – stood at 55.7% at the end of 2012, almost a full...
Get the key points from this report in less than 10 minutes. Learn more about our products or log in

About the Author

An independent arm of the International Labour Organization, the International Institute for Labour Studies conducts research and educational programs on work-related issues.

Comment on this summary

More on this topic

Customers who read this summary also read

More by category