MIL-OSI Russia: Global trade tensions put pressure on labour markets: ILO director-general

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

Source: People’s Republic of China – State Council News

GENEVA, June 2 (Xinhua) — Growing tensions in global trade are taking a toll on labour markets around the world, International Labour Organization (ILO) Director-General Gilbert Houngbo said on Monday.

Speaking at the opening of the 113th session of the International Labour Conference, J. Houngbo said that global employment forecasts for 2025 had been revised downwards, citing the ILO’s latest World Employment and Social Prospects report.

According to the report, the expected number of new jobs worldwide was revised down to 53 million, which is 7 million fewer than forecast in October last year. Zhang Houngbo attributed this decline primarily to the slowdown in global economic growth amid rising trade tensions.

The ILO Director-General also highlighted the growing impact of artificial intelligence on global labour markets, noting that jobs in highly digitalised sectors such as media, software development and finance face growing risks, while jobs involving routine physical labour are becoming increasingly vulnerable.

The current session of the International Labour Conference runs until 13 June. Delegates from the ILO’s 187 member states will focus on issues such as preventing biological hazards, decent working conditions and proposed amendments to the Maritime Labour Convention. –0–

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