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Which organization published the 'World Employment and Social Outlook: Trends 2024' ?

AA. World Bank

BB. International Monetary Fund (IMF)

CC. United Nations Development Programme (UNDP)

DD. International Labour Organisation (ILO)

Answer:

D. D. International Labour Organisation (ILO)

Read Explanation:

International Labour Organization (ILO)

  • The International Labour Organization (ILO) is a specialized agency of the United Nations (UN).
  • It was founded in 1919 as part of the Treaty of Versailles, which ended World War I, making it the first specialized agency of the UN.
  • The ILO became the first specialized agency of the United Nations in 1946.
  • Its primary mandate is to advance social justice and promote internationally recognized human and labour rights, setting international labour standards.
  • The ILO is unique among UN agencies for its tripartite structure, which brings together representatives of governments, employers, and workers from its member states to set labour standards, develop policies, and devise programmes.
  • Its headquarters are located in Geneva, Switzerland.
  • The ILO was awarded the Nobel Peace Prize in 1969 on its 50th anniversary, in recognition of its work in promoting peace among classes by pursuing social justice and providing technical assistance to developing nations.

'World Employment and Social Outlook' (WESO) Report

  • The 'World Employment and Social Outlook: Trends' (WESO Trends) is a flagship publication of the ILO.
  • This annual report provides a comprehensive analysis of global and regional labour market trends.
  • It examines key challenges and opportunities in the world of work, including employment growth, unemployment rates, labour force participation, working poverty, and income inequalities.
  • The report is a crucial resource for policymakers, researchers, and the public, offering data and projections to inform policy decisions related to employment and social development.
  • The 2024 edition of the WESO Trends report highlighted a slowdown in global labour market growth and persistent inequalities, alongside various other employment challenges worldwide.

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