The International Labour Organization (ILO) will hold its annual International Labour Conference (ILC) in Geneva from 1 to 13 June, 2015. Worker, employer and government delegates from the ILO’s 185 member States will tackle a wide range of issues, including the transition from the informal to the formal economy, small and medium-sized enterprises and decent and productive employment creation, social protection (labour protection), the application of international labour standards, and programme and budget proposals for 2016/2017. Continue reading
The World Economic Situation and Prospects 2014 reports that the global economy is improving but remains vulnerable to new and old headwinds. Global economic growth is forecast to accelerate from a sluggish 2.1 per cent in 2013 to 3.0 per cent in 2014 and 3.3 per cent in 2015. The report warns of the risks associated with the upcoming unwinding of quantitative easing programs in major developed economies.