GENEVA, March 15, 2024 – The International Labour Organization (ILO) has reached an agreement on the issue of the living wage. A decision by the ILO’s Governing Body opens the way for new work by the ILO on estimating and operationalizing living ...
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World Bank Group Prepares Major Overhaul to Guarantee Business
WASHINGTON, February 28, 2024 – The World Bank Group today announced a major overhaul to its guarantee business that will deliver simplicity, improved access, and faster execution through a new, convenient marketplace. The new reforms are critical to achieving the goal of ...
Read More »New report on platform economy marks first step towards considering a new international labour standard
GENEVA, February 1, 2024 – A new ILO study marks a step forward towards creating a new international labour standard to support decent work in the platform economy. The report marks a crucial milestone in the process that can lead to a new ...
Read More »Joint World Bank, EU, UN Report Assesses Damages Caused by Catastrophic Flooding in Libya
WASHINGTON, January 24, 2024 – Reconstruction and recovery needs following the catastrophic flooding in eastern Libya last September are estimated at $1.8 billion, according to a new report released today by the World Bank, the United Nations, and the European Union. The disaster ...
Read More »Reskilling Revolution Providing Over 600 Million People with Better Education, Skills and Job Opportunities by 2030
SWITZERLAND, January 17, 2024 – The World Economic Forum announced that more than 680 million people are being reached with better skills, job opportunities and education through commitments made as part of its Reskilling Revolution initiative. “With 23 percent jobs changing over the next four ...
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