Decent Work and Economic Growth

decent work and economic growth

d/decent work and economic growth

Day No. 324


Merry Christmas to Everyone...

A ray of hope flickers in the sky
A tiny star lights up way up high
All across the land dawns a brand new morn
This comes to pass when a child is born



A silent wish sails the seven seas
The winds of change whisper in the trees
And the walls of doubt crumble tossed and torn
This comes to pass, when a child is born



A rosy hue settles all around
You got the feel, you're on solid ground
For a spell or two no one seems forlorn
This comes to pass, when a child is born



[Spoken:]
And all of this happens, because the world is waiting
Waiting for one child; Black-white-yellow, no one knows...
But a child that will grow up and turn tears to laughter
Hate to love, war to peace and everyone to everyone's neighbor
And misery and suffering will be words to be forgotten forever



It's all a dream and illusion now
It must come true sometime soon somehow
All across the land dawns a brand new morn
This comes to pass when a child is born



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Day No. 21


Impact investing...

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Day No. 15


Prof. Yunus is a great man! I am sad about his current situation in Bangladesh, but he stays with us as inspiration. SENStation officially started from the conference with Prof. Yunus.

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d/Decent Work and Economic Growth

Decent Work and Economic Growth

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Decent work and economic growth are essential for sustainable development. According to the International Labour Organization (ILO), as of 2020, the global unemployment rate stood at 5.4%, with around 205 million people unemployed worldwide.

However, the ILO also reported that significant progress has been made in reducing poverty and promoting decent work. From 2000 to 2020, the number of people living in extreme poverty declined by more than half, from 1.9 billion to 689 million.

Furthermore, efforts towards achieving sustainable economic growth have resulted in increased labor productivity. From 1991 to 2021, global labor productivity grew by an average of 2.2% per year.

These statistics highlight the importance of decent work and economic growth in improving living standards and reducing poverty globally.