This is described as a major challenge when considering the bleak picture for the global labour market - unemployment will continue to increase and work conditions will continue to deteriorate.
The warning by the ILO was included in its report ‘Repairing the Economic and Social Fabric’ published this Monday.
The main challenge for economies in developed countries is to combine job creation incentives with measures to adjust budgetary imbalances. “It is necessary to find a better balance between employment creation and other macroeconomic objectives in order to achieve a long lasting and inclusive recovery,” stated the ILO report.