Decent work and economic growth are essential for sustainable development. However, millions of people around the world lack access to decent work, perpetuating cycles of poverty, inequality, and social injustice.
The Targets of SDG 8: Decent Work and Economic Growth
The United Nations’ Sustainable Development Goal 8 (SDG 8) promotes sustained, inclusive, sustainable economic growth, full and productive employment, and decent work. The goal has 12 targets:
1. Sustain per capita economic growth
2. Achieve higher levels of economic productivity
3. Promote development-oriented policies
4. Improve resource efficiency in consumption and production
5. Achieve full and productive employment and decent work for all
6. Reduce the proportion of youth not in employment, education, or training
7. Take immediate and effective measures to eradicate forced labor, end modern slavery, and human trafficking
8. Protect labor rights and promote safe and secure working environments
9. Strengthen the capacity of domestic financial institutions
10. Increase Aid for Trade support
11. Develop and operationalize a global strategy for youth employment
12. Improve access to financial services for small-scale industrial and other enterprises
Why Decent Work and Economic Growth Matter
Decent work and economic growth are essential for:
– Breaking cycles of poverty and inequality
– Fostering economic development and social justice
– Promoting human rights and dignity
– Empowering individuals and communities to make informed decisions
– Addressing global challenges like climate change, health pandemics, and conflict
Success Stories: Decent Work and Economic Growth in Action
– The International Labor Organization’s (ILO) Decent Work Agenda: The ILO’s Decent Work Agenda aims to promote decent work and economic growth by improving labor standards, promoting employment, and strengthening social protection.
– The World Bank’s Jobs Group: The World Bank’s Jobs Group works to promote job creation and economic growth by supporting private sector development, improving business environments, and enhancing labor market institutions.
Conclusion
Decent work and economic growth are critical components of sustainable development. By promoting sustained, inclusive, and sustainable economic growth, we can break cycles of poverty and inequality, foster economic development and social justice, and create a more just and sustainable world.
Executive Director
