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 >
Lam Research's AI Packaging Dominance Fuels Record Q1, Higher Outlook for 2026, Oppenheimer Says
Lam Research's AI Packaging Dominance Fuels Record Q1, Higher Outlook for 2026, Oppenheimer Says
Oct 23, 2025
11:42 AM EDT, 10/23/2025 (MT Newswires) -- Lam Research ( LRCX ) posted record fiscal Q1 2026 results, beating Wall Street estimates and issuing strong guidance, driven by surging global investment in artificial intelligence infrastructure, Oppenheimer said in a note Wednesday. The brokerage lifted its 2026 revenue and earnings per share estimates by 10% and 15%, respectively, describing Lam as...
Here's Why IBM Stock Is Down Today
Here's Why IBM Stock Is Down Today
Oct 23, 2025
Shares of International Business Machines Corp. ( IBM ) are falling Thursday after the company shared earnings results for the third quarter. In response, several firms lowered their price targets on the stock. IBM ( IBM ) is encountering selling pressure. See if it is worth your attention here. What To Know: IBM ( IBM ) exceeded guidance for earnings per...
Starbucks workers union to begin voting on strike amid stalled contract talks
Starbucks workers union to begin voting on strike amid stalled contract talks
Oct 23, 2025
Oct 23 (Reuters) - Starbucks ( SBUX ) baristas' union said on Thursday it would vote on whether to authorize an unfair labor practice strike at unionized locations to demand that the company return to the negotiating table. Contract talks between the coffee-chain giant and the union, which represents more than 12,000 baristas, began last year, but have hit an...
Vertiv's Q3 Americas Margins a Positive Signal for 2026 Incrementals, Morgan Stanley Says
Vertiv's Q3 Americas Margins a Positive Signal for 2026 Incrementals, Morgan Stanley Says
Oct 23, 2025
11:02 AM EDT, 10/23/2025 (MT Newswires) -- Vertiv's ( VRT ) encouraging Q3 Americas margins are a positive signal for 2026 incrementals, Morgan Stanley said in a Thursday research report. The Americas segment generating around 40% incremental in Q3 implies healthy pricing power on new orders and that margin headwinds are transitory. The Wall Street firm raised its 2025 EPS...
Copyright 2023-2026 - www.financetom.com All Rights Reserved