Global Employment Trends
, May 2009 Update
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Contents
Acknowledgements ............................................................................................................. 4I. Introduction ............................................................................................................ 5II. Downward economic growth revisions ................................................................... 6III. Labour market impacts: global scenarios for unemployment, vulnerableemployment and working poverty .......................................................................... 9IV. Updated regional outlook ...................................................................................... 17 V. Conclusions ............................................................................................................ 21
Annexes
Annex 1. Tables
.................................................................................................................................... 22 Table A1. Annual real GDP growth rates, world and regions, selectedIMF databases ........................................................................................................................ 22 Table A2. Unemployment rate, world and regions (%) .................................................. 23 Table A3. Unemployment in the world (millions) ........................................................... 24 Table A4. Vulnerable employment shares, world and regions (%) .............................. 25
Annex 2. Scenarios
............................................................................................................................... 26 Table B1. 2009 Unemployment scenarios (rates) ............................................................ 26 Table B2. 2009 Unemployment scenarios (millions of people) .................................... 27 Table B3. 2009 Employment growth scenarios (annual rates) ...................................... 28 Table B4. 2009 Vulnerable employment scenarios (rates) ............................................. 29 Table B5. 2009 Vulnerable employment scenarios (millions of people) ...................... 30 Table B6. 2009 Working poverty scenarios (USD1.25, rates) ....................................... 31 Table B7. 2008-2009 Working poverty scenarios (USD 1.25, millions of people) .... 32 Table B8. 2008-2009 Working poverty scenarios (USD 2, rates) ................................. 33 Table B9. 2008-2009 Working poverty scenarios (USD 2, millions of people) .......... 34
Annex 3. Regional figures: GDP growth, unemployment, vulnerable employmentand working poverty
.......................................................................................................... 35
Figures
1. Global GDP growth estimates and projections ....................................................................... 72. GDP forecast with confidence interval ...................................................................................... 83. Global unemployment according to three scenarios .............................................................. 104. Comparison of ILO global unemployment scenarios ............................................................ 105. Projected changes in youth and adult unemployment rates, 2008-2009 ............................. 126. Global vulnerable employment according to three scenarios ............................................... 147. Working poverty scenarios (USD 1.25) .................................................................................... 168. Working poverty scenarios (USD 2) ......................................................................................... 17
Tables
1. Output per worker, constant international $ and average annual growth ........................... 15
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