Home » HR practices » Professional development » Legal developments » ILO and other international organizations » International: ILO recommends better regulation of the global and European labor market International: ILO recommends better regulation of the global and European labor market The report explains that there is a deficit of 50 million jobs in the world in comparison to the pre-crisis situation, and that a possible economic recovery will not be sufficient to make up for this loss all the while providing employment for the over 80 million people expected to enter the labor market. Raymond Torres, author of the report and Director of the ILO’s International Institute for Labor Studies, is particularly worried about the situation in Europe, where he points out that unemployment has increased in nearly two-thirds of these countries. Labor market recovery is also at a standstill in the US and Japan and the report points to signs of weakness among the better skilled workers in China. In emerging countries, the employment rate remains below the peak they reached in 2007. Through . Published on 04 May 2012 à 12h48 - Update on 04 May 2012 à 12h48 Resources yment has increased in nearly two-thirds of these countries. Labor market recovery is also at a standstill in the US and Japan and the report points to signs of weakness among the better skilled workers in China. In emerging countries, the employment rate remains below the peak they reached in 2007. Structural imbalance. According to the ILO, labor market imbalances are becoming more structural,… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messagePhoneThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels