
A recent report by the International Labor Organization sheds light on the pressing issues facing workers in the Asia-Pacific region. The report emphasizes the need for governments to prioritize education, training, and social safety nets to boost incomes and ensure social equity as economies in the region slow down and populations age.
One of the key findings of the report is the slowdown in productivity growth, which has had a negative impact on incomes and purchasing power for the region's 2 billion workers. The prevalence of informal employment, such as day labor, leaves many workers without the necessary protections that come with formal jobs.