CHP 9 Flashcards
What is the overall size of the workforce?
Aging of population, concentration of younger workers in developing countries, and trend to work longer is developing globally
What is urbanization?
Rural to urban shift starting in developing countries
What is the global unemployment?
6.6%
What was the increase over 2007?
34 million, with 2/3 in developed countries
what is the projected Employment growth?
SLOW!!!
What are some factors of Economic recovery?
- Labor LAGGING
- Slow reduction of unemployment rates
What does the vulnerable workforce include?
workers who work on their own account or as contributing family members… and is Growing
What was the aging population in 2010?
7.6% were 65+ old, getting older and found in developed countries
What is the projection growth for aging population?
8.4% in 2015 and 16.4% in 2050
What are some impacts in the urbanization of workforce
- Shift from agriculture to industry to service sectors
- Growing low-cost, low-skill labor pool
- Large % vulnerable workforce
- Quick to learn industrial skills
- Social and psychological concerns adjusting to industry and service sectors
Why do people immigrate?
secure better economic situations (labor mobility), regardless of their socioeconomic level,
What are the ranges in Migrant Labor skills?
3-D(dirty, dangerous, and degrading) to highly skilled IT and medicine
US had ?% of world population and ??% of migrants
5%; 20%
What is remittance and how much was sent in ‘08?
funds earned in one country and sent to another… in ‘03 $338 billion was remittances.
Where does Child Labor exist?
globally, in developed and developing countries