financetom
Business
financetom
/
Business
/
International Labour Organisation seeks better working conditions for key workers
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
International Labour Organisation seeks better working conditions for key workers
Mar 18, 2023 10:14 AM

The International Labour Organisation has released a report on world employment and social outlook for the year 2023.

Share Market Live

NSE

The report dives into understanding the value of essential workers and analyses the working conditions of these workers — those that fall under 8 main occupational groups such as health, food systems, security, among others qualify as key workers. The findings from the report highlight a significant discrepancy between the value of work and the working conditions of key workers.

The main findings from the report show that key workers are at an increased risk of occupational safety & health. They are heavily reliant on temporary jobs and are subject to long, irregular work hours as well as low pay.

The report calls for investments into essential services, including investments in improving the working conditions of those who perform critical work.

In an interview to CNBC-, Janine Berg, Senior Economist at International Labour Organisation said contracts with workers should not be designed only to ensure lower pay, but should look at providing better working conditions.

“One can have flexibility in contractual arrangements but we want to make sure that these contractual arrangements give the same rights and benefits to workers. So the contractual arrangements should be used for flexibility but not as a means to lower pay and to lower working conditions,” Berg said.

Berg added that health workers, food vendors, security workers were subject to higher levels of verbal abuse, threats during the pandemic. According to Berg, key worker categories were more exposed to the pandemic and so had higher mortality rates.

She also emphasised that under investment in healthcare is a worldwide issue and affects working conditions in hospitals and healthcare centres.

Also Read: International Labour official reports sluggish job recovery post pandemic

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--Fox, Disney, Warner Bros Discovery Sports Joint Venture Streaming Service Priced at $42.99 Per Month
--Fox, Disney, Warner Bros Discovery Sports Joint Venture Streaming Service Priced at $42.99 Per Month
Aug 1, 2024
09:01 AM EDT, 08/01/2024 (MT Newswires) -- Price: 35.65, Change: +0.22, Percent Change: +0.62 ...
NNN REIT's Q2 Adjusted FFO, Revenue Rise; Lifts 2024 Guidance
NNN REIT's Q2 Adjusted FFO, Revenue Rise; Lifts 2024 Guidance
Aug 1, 2024
09:02 AM EDT, 08/01/2024 (MT Newswires) -- NNN REIT ( NNN ) reported Q2 adjusted funds from operations Thursday of $0.84 per diluted share, compared with $0.80 a year earlier. Analysts surveyed by Capital IQ expected $0.83. Revenue for the quarter ended June 30 was $216.8 million, compared with $202.6 million a year earlier. Analysts surveyed by Capital IQ expected...
Installed Building Products' Q2 Adjusted Net Income, Net Revenue Rise
Installed Building Products' Q2 Adjusted Net Income, Net Revenue Rise
Aug 1, 2024
09:00 AM EDT, 08/01/2024 (MT Newswires) -- Installed Building Products ( IBP ) reported Q2 adjusted net income Thursday of $2.84 per diluted share, up from $2.62 a year earlier. Analysts polled by Capital IQ expected $2.88. Net revenue for the quarter ended June 30 was $737.6 million, up from $692.1 million a year earlier. Analysts surveyed by Capital IQ...
WW Grainger cuts 2024 sales forecast on slow demand
WW Grainger cuts 2024 sales forecast on slow demand
Aug 1, 2024
Aug 1 (Reuters) - Industrial maintenance and safety products supplier WW Grainger Inc ( GWW ) on Thursday lowered its annual sales forecast due to slower-than-expected demand, sending its shares down 4% in premarket trading. The Lake Forest, Illinois-based company now expects 2024 sales to be between $17 billion and $17.3 billion, down from its previous forecast of $17.2 billion...
Copyright 2023-2026 - www.financetom.com All Rights Reserved