UN Report Highlights Urgent Need for Education and Social Safety Nets in Asia-Pacific
Aging populations and economic slowdown demand improved worker training and protections, says International Labor Organization.
- Productivity growth in the region has slowed, impacting incomes and purchasing power.
- Two-thirds of workers are in informal employment lacking formal protections.
- The elderly-to-working-age ratio is projected to double by 2050.
- Automation and AI could displace jobs, particularly affecting women in clerical roles.
- A significant mismatch exists between job requirements and workers' education levels.