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The Independent UK
The Independent UK
National
Elaine Kurtenbach

UN report says that education, social safety nets vital for Asia to grow rich, cope with aging

Copyright 2024 The Associated Press. All rights reserved

As economies in Asia and the Pacific slow and grow older, countries need to do more to ensure that workers get the education, training and social safety nets needed to raise incomes and ensure social equity, a United Nations report said Tuesday.

The report by the International Labor Organization said that growth in productivity has slowed, hurting incomes and undermining the purchasing power of the region's 2 billion workers. By improving productivity, governments can boost incomes and better prepare for the aging of their work forces, the report said.

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