ILO Archives - AM Business

Sex traffickers make $27,252 per victim as illegal profits hit $235bn yearly

The International Labour Organization has disclosed that sex traffickers make $27,252 per victim as forced labour in the private economy generates $236 billion in illegal profits annually. This was disclosed in a new report on its website titled, ‘Profits and Poverty: The economics of forced labour’, from Geneva. As seen by AMBusiness, ILO revealed in […]

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19th March 2024
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IWD: ILO unveils policy on domestic workers’ labour rights

On this International Women’s Day, the International employment Organization has produced a policy brief in which it calls on governments, as well as organizations representing employers and employees to ensure that domestic workers have social protection and employment rights. From global care crisis to quality at home, the case for including domestic workers in care […]

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8th March 2024
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Business

Two million people may lose their jobs by 2024 – ILO

The International Labour Organization has stated that two million people may lose their jobs this year, as the global unemployment rate rises from 5.1 per cent in 2023 to 5.2 per cent in 2024. The PUNCH reported that the ILO claimed in its most recent report, “World Employment and Social Outlook: Trends 2024,” that while joblessness […]

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12th January 2024
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Business

ILO encourages governments to tackle skill gaps

The director general of the International Labour Organisation, Gilbert Houngbo, has urged other world leaders and the G20 labour and employment ministers to address skill gaps. The Punch reported that Houngbo recently urged leaders to implement sustainable financing for employment and social policies and to invest in social protection to minimize inequities in the global labour […]

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26th July 2023
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Tag: ILO

Sex traffickers make $27,252 per victim as illegal profits hit $235bn yearly

IWD: ILO unveils policy on domestic workers’ labour rights

Two million people may lose their jobs by 2024 – ILO

ILO encourages governments to tackle skill gaps

UK regulator partner Nvidia to allow banks experiment.

Africa to launch credit rating agency by September

OpenAI CEO launches eye-scanning identity verification project in.

Nigeria partners Australia to promote research, capacity building.

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