More than 400 million new jobs are necessary until the year 2015, to keep up with the growth of the global labour market. Accordingly the economies have to create more than 43 million new jobs each year, to confront unemployment. This is the result of a study of the ILO (International Labour Organization).
Corresponding to the study the increasing globalization brings on the one hand great opportunities and growing uncertainty on the other hand.
More and more people have the feeling that work as part of human dignity has been devalued that the prevailing economic thinking considers them merely as a production factor, as goods, and ignores the importance of human work for the individual, family, community and State. The dialog between states, employers and employees on the importance and consequences of these changes is an important basis for the ILO to formulate their political agenda.
The liberalization of trade and capital and the incredible improvements in communication and transportation lead to the fact that more and more workers offer their manpower in the competitive global labour market. Nevertheless half of the potential workers in the world can not participate and work in absolute poverty, ignored by the globalisation. Countries dependent of agriculture did not profit from globalisation. The real wages of untrained workers are regressive. And in many industrialized countries is the feeling of insecurity growing.
The dramatic change in the world of labour however has the potential to create humane jobs for everybody. Higher economic growth can lead to a higher demand for labour. An essential requirement for fighting against unemployment is a form of growth that prefers labour. Economic incentives must be set to prefer work instead of capital. Additionally an increasing productivity of the poorest workers of the world is important to guarantee them higher salaries and better working conditions.