ECONOMIC GROWTH: 20 per cent of the WHY IT MATTERS world’s What’s the goal here? To promote inclusive and sustainable economic growth, employment and How many people are unemployed? The global unemployment rate has finally recovered youth were not engaged decent work for all. from the global financial crisis of 2009. In 2018, Why? Sustained and inclusive it stood at 5 per cent— matching the in either economic growth can drive progress, create pre-crisis level. However, large disparities exist education, decent jobs for all and improve living standards. across regions and age groups. In 2018, the unem- employment While real GDP per cap- ita and labour produc- ployment rates in Northern Africa and Western Asia or training and Latin America and the tivity have increased Caribbean were over 2.5 globally, 731 million peo- times higher than those in ple remain below the Central and Southern Asia. US$1.90 poverty line. Are jobs enough? What does “decent demands, giving them access to social protection Having a job does not work” mean? and basic services regard- guarantee a decent liv- Decent work means less of their contract type, ing. In fact, 8 per cent opportunities for every- as well as levelling the of employed workers one to get work that is playing field so that all and their families world- productive and delivers aspiring youth can attain wide lived in extreme a fair income, security in productive employment poverty in 2018. the workplace and social regardless of their gender, In addition to creat- protection for families, income level or ing jobs, we also need better prospects for socio-economic to improve conditions personal development background. for more than 700 mil- and social integration. Governments can work lion women and men It is also important that to build dynamic, sus- who are working, but all women and men are tainable, innovative and not earning enough to given equal opportuni- people-centred econo- lift themselves and their ties in the workplace. A mies, promoting youth families out of poverty. continued lack of decent employment and wom- work opportunities, insuf- In addition, women and en’s economic empow- ficient investments and girls must enjoy equal erment, in particular, and under-consumption lead access to equal oppor- decent work for all. Local to an erosion of the basic tunities with men and authorities and commu- social contract underlying boys for employment. nities can renew and plan democratic societies: that their cities and human all must share in progress. I have a job. Why does settlements so as to fos- this matter to me? What can we do to ter community cohesion and personal security Society as a whole ben- fix these issues? and to stimulate innova- efits when more people Providing youth the best tion and employment. are being productive and opportunity to transition contributing to their coun- To find out more to a decent job calls for try’s growth. Productive about Goal #8 and investing in education employment and “decent other Sustainable and training of the high- work” are key elements Development Goals, visit: est possible quality, pro- to achieving fair glo- viding youth with skills http://www.un.org/ balization and poverty that match labour market sustainabledevelopment reduction. In addition, unemployment can lead to unrest and disrupt peace if it is left unaddressed.