Labour Market Forum 2010 - Planning Institute of Jamaica

In such countries as Egypt, El Salvador, India, Russia and South
Africa, a study done on Labour Markets and Informal work
revealed that the absence of jobs in traditional wage
employment could lead to the growth of informal employment
where working conditions are poor, no statutory provisions for
social security are provided and protection of unions are
absent.
Finally, what we need to do to ensure recovery. If more and
better jobs are to be created then we must see the
introduction of social policies and employment integrated with
macroeconomic policy strategies to ensure that the economy
grows rapidly to meet the demands of the new entrants into
the labour market and reverse the unemployment caused by
the global crisis.
We are yet to see the kind of fiscal and
monetary policies to support aggregate demand, the provision
of short-term work programmes and accelerated job recovery
through subsidies.
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