- CNTV English - CCTV News

Job opportunities drop in Asia-Pacific region: ILO

10-22-2012 22:48 BJT

GENEVA, Oct. 22 (Xinhua) -- Both quantity and quality of jobs available across many Asia-Pacific labor markets have been affected by the slowing economic growth, said a report released by the International Labor Organization (ILO) on Monday.

According to the report, titled October 2012 Asia-Pacific Labor Market Update, Indonesia, the Philippines, Australia, New Zealand and Taiwan has experienced a significant slow-down in employment growth.

It also said poor quality of employment, which often means low wages and limited access to rights and benefits, was another huge challenge for the region.

Around 80 percent of workers in Nepal, India and Pakistanwork informally in the non-agricultural sector and many of them are women.

Having the world's largest youth population, the region's Labor market prospects for youth remain gloomy.

The report shows one in six young people are unemployed in Taiwan and Hong Kong, the Philippines and New Zealand. Youth make up nearly 60 percent of the unemployed population in Samoa and 50 percent in Vanuatu.

"Unless Asia taps the full potential of young women and men, its quest for prosperity and development remains elusive," said Gyorgy Sziraczki, ILO Vietnam Country Director.


Editor:James |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program