World of Work Report 2011

World of Work Report 2011

In his editorial at the start of the report, Raymond Torres (Director, International Institute for Labour Studies) argues that:

The economic slowdown may entail a double-dip in employment exacerbating inequalities and social discontent and further delaying economic recovery.
This vicious circle can be broken by making markets work for jobs – not the other way around. This requires, first, ensuring a closer connection between wages and productivity, starting with surplus countries second, supporting real investment notably through financial reform, third, maintaining and in some cases strengthening pro-employment programmes funded from a broader tax base and putting jobs back on top of the global agenda.

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