Over the past 25 years we have seen tremendous decline in workers living in extreme poverty. Even with these progressions, we are observing larger inequalities, slower growth and a surplus of labourers to job opportunities. Increasing productivity, reducing unemployment, increasing access to financial services and benefits are key components for sustained and inclusive economic growth

GLOBAL EMPLOYMENT AND LABOUR STATS

Global unemployment rate stood at 5.7%. Women are less likely to be employed than men across all age groups.

76% of countries with accessible data, more than 1 out of 10 youth are neither in school nor working.

More than half of child labourers (85 million children) work in unsafe or hazardous conditions. Most child labourers work in the agricultural sector.

Labour productivity has slowed since 2000 to about 1.9% (down from 2.9% ). Represents a negative development for the global economy.

In developing countries, the middle class makes up more than 34% of the population.Men earn 12.5% more than women in 40 out of 45 countries with data.

Increased automation is representing a growing demand for high skilled workers, and lower supply of low skilled work.

Globally, 61% of all workers were engaged in informal employment in 2016. Excluding the agricultural sector, 51% of all workers fell into this employment category.

The global gender pay gap stands at 23% globally and without decisive action, it will take another 68 years to achieve equal pay. Women’s labour force participation rate is 63% while that of men is 94%.

Lack of education and access to education is increasing the supply of low skilled workers with a lack of work opportunities.

Despite their increasing presence in public life, women continue to do 2.6 times the unpaid care and domestic work that men do.

470 million jobs are needed globally for new entrants to the labor market between 2016 and 2030.

The global unemployment rate in 2017 was 5.6% , down from 6.4% in 2000.

DECENT WORK AND ECONOMIC GROWTH CHALLENGE

A challenge going forward will be finding decent and meaningful employment opportunities for all. Innovations is at the heart of creating new jobs and employing those who want to do meaningful work and help grow the world economy. Start your innovation process with Prepr and our PIE kit today and help facilitate global economic growth.

Take The Challenge

Co-Learn the PIE method and build a team, choose a challenge that you’re passionate about and apply PIE to co-Solve and co-Create projects with impact. Build your portfolio and tap into your infinite learning potential.

Requirement

Prepr Challenge Kit

What You Will Get

– Receive a Prepr Certificate in problem solving with PIE
– Compete to win first, second and third place trophy and bragging rights
– Build your professional portfolio
– Win prizes, giveaways and more…

Deadline

December 31, 2019

Register Your Team

This challenge requires a team of four.

Get Challenge Kit

Includes everything you need to work with a team to co-create ideas and build your project.

Length

 

1 Year

Challenge Date

 

February 20, 2019

Available Spots

 

7

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