World Employment and Social Outlook Trends 2019

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The report is released by the International Labour Organisation. The report is published annually.

The unemployment rates will fall to 4.9% in 2019 and will remain steady in 2020.
2 bn out of 3.3 bn people worked keeping their economic security at a risk in informal employment.
Number of jobless estimated to rise from 172 mn to 174 mn.
Unemployment rate increased from 5 to 5.6%.
The global unemployment stood at 11.8% among age group of 15-24 which is much higher than it is among other age groups.
Much lower labour force participation of women at 48%, compared to 75% for men means that around three in five of the 3.5 bn people in the global labour force were men.
The poor quality of many jobs also resulted in the fact that in 2018 more than one-quarter of workers in low and middle-income countries were living in utmost or moderate poverty.
More than 170 mn people are unemployed despite the continued decrease in the unemployment rate.
Labour underutilization is more prevalent among women.
Progress towards achieving the targets set out in Sustainable Development Goal 8 has been slower than anticipated.