importance of sdg 8

 

One of the greatest challenges when it comes to working with Sustainable Development Goal number 8, Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all, is to ensure decent work along the tiers of the supply chain. Geopolitical instability (SDG No. The complexity and depth of SDG 8 requires fundamental changes to how economies function and interact, and significantly increase the relative importance of progressive social and envi-ronmental policies. Equal Measures 2030 is an independent civil society and private sector-led partnership that connects data and evidence with advocacy and action, helping to fuel progress towards gender equality. However, despite declining by 4.7 percentage points since 2004, the gender employment gap continues to persist and has stagnated over the short term since 2014. However, low wages can also push some workers below the poverty line. 2015 overview of policies, instruments, and targets in 32 countries, Study on modelling of the economic and environmental impacts of raw material consumption, Employment and Social Developments in Europe 2017, Employment and Social Developments in Europe, Annual review 2018, https://ec.europa.eu/eurostat/statistics-explained/index.php?title=SDG_8_-_Decent_work_and_economic_growth&oldid=487752. the Government of Karnataka to draw up a broad approach to the implementation of SDG 8 ‘Decent work and economic growth’. However, the share has declined since then, affecting 9.2 % of employed people in 2018, which is only slightly above the 2013 level of 9.1 %. SDG 5, i.e. Got one minute? Proportion of women who hold a bank account at a financial institution. ’Sustainable development in the European Union — Monitoring report - 2020 edition’, Young people not engaged in employment nor in education and training (NEET), All articles on sustainable development goals, https://op.europa.eu/en/publication-detail/-/publication/747fefa1-d085-11e9-b4bf-01aa75ed71a1/language-en. global average 2019 SDG Gender Index score on SDG 8, of women in non-agricultural jobs are in informal employment in South Asia, of women in Latin America and the Caribbean are in informal employment. SDG 8 calls for promoting ‘sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all’. For economic growth to be truly sustainable, it needs to be accompanied by eco-efficiency improvements, climate action and resilient measures, alongside active labour market and social inclusion policies, in order to avoid harming the natural environment it depends on or damaging the social fabric of European societies. “I have always worked in the social sector, but never before have I seen the Government listen as carefully as they do now.”. Overall, the EU employment rate has exhibited a growing trend over the past 15 years (with some interruptions in the aftermath of the economic crisis): it has grown by 6.8 percentage points compared with 2004 and by 4.9 percentage points compared with 2014, reaching a record high of 73.1 % in 2019. While economic growth and employment are important for economic security, access to financial services is an essential component of inclusive growth. SDG 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all The role of business Roughly half the world’s population still lives on the equivalent of about US$2 a day. Labour market prospects for young people have improved since 2014 but still remain precarious. Over the long term they may fail to gain new skills and suffer from erosion of competences, which in turn might lead to a higher risk of labour market and social exclusion. The recent economic expansion and increase in employment have hardly been reflected in wage developments at the EU level [10]. Goal 8, which aims to “promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all”, highlights the importance of decent work in achieving sustainable development. Equal Measures 2030 / Ipsos Mori study, 2018. (SDG) Target 8.7 calls for “…immediate and effective measures to eradicate forced labor, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labor, including recruitment and use of child soldiers, and by 2025 end The private sector will have a major influence on the implementation of SDG 8. As Table 1 shows, the EU has achieved some progress in terms of sustainable economic growth over the past few years. This article is a part of a set of statistical articles, which are based on the Eurostat publication ’Sustainable development in the European Union — Monitoring report - 2020 edition’. It can also be used to monitor economic development. European Commission (2017), European Semester Thematic Factsheet: Women in the Labour Market. Further reading on decent work and economic growth, Further data sources on decent work and economic growth, Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all, Decent work and economic growth in the EU: overview and key trends. We note, for example, that … Women’s participation in the labour market is increasing, but gender differences persist. Between 2004 and 2019, the NEET rate for 15- to 29-year-olds in the EU closely followed the economic cycle, improving from 15.6 % to 12.6 % over the period. Eurostat, Gender employment gap (online data code: tesem060). Therefore, to ensure the well-being of future generations, the present generation needs to pursue sustainable economic growth in a manner that sustains natural resources and the environment. Hence, it depicts an aggregate measure of an economy’s material efficiency. Even as it highlights the importance of labour rights for all, it also makes visible some significant tensions. Every organisation strives to achieve economic growth. However, in trying to realise this ambition, it’s common to encounter stumbling blocks – especially if attempting to reconcile economic success and decent work. After the severe economic slump in 2009, real GDP per capita was slowly recovering, experiencing ups (from 2009 to 2011 and from 2013 onwards) and downs (from 2011 to 2013). Extent of freedom of association and collective bargaining rights in law (score). Despite the strong decrease in youth unemployment since 2014, the unemployment rate of 20- to 24-year-olds amounted to 14.0 % in 2019, which is still significantly higher than for older age groups [9]. In 2017, the rate of fatal accidents at work amounted to 1.8 fatalities per 100 000 employed persons. Women’s access to decent work and to incomes not only improves their agency over their own lives, but can also reduce poverty and maternal mortality, and improve health, nutrition and educational outcomes for women and their families. Decent employment for all — including women, people with disabilities, youth, the elderly and migrants — is a cornerstone of socio-economic development. It has been seen that women many a times do not have hoods for all. The 2019 SDG Gender Index examines gender focused issues and data under SDG 8 and provides a more complete picture of both the goal itself and its relationship to gender equality. The multidimensional poverty index uses lack of assets as one of the indicators to identify the poor. Real GDP per capita (GDP adjusted for inflation) in the EU in 2019 reached EUR 27 990, which was 18.1 % higher than in 2004. People of this age group were the hardest hit by the economic crisis and are still underrepresented in the job market, with only 51.5 % of 20- to 24-year-olds being employed in 2019, which is 1.3 percentage points below their pre-crisis level [8]. All SDGs influence – and are influenced by – health. Some of these materials are directly consumed by households, which means they are not used as an input to production activities. If the targets under this SDG 8: Even more important… For vulnerable groups of people in South Africa (mainly the youth, women and South Africans struggling with chronic poverty), job creation, entrepreneurship and sustainable small and medium-sized entities must be the focal point of SDG 8: ‘Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all’. Women’s access to decent work and to incomes not only improves their agency over their own lives, but can also reduce poverty and maternal mortality, and improve health, nutrition and educational outcomes for women and their families.. Eurostat, Employment in current job by duration (online data code: tepsr_wc220). 10) and lack of development in some regions (SDG Nos. Beyond material living standards, it can also lead to a deterioration of individual skills and health, thus hindering future employability, productivity and earnings. Resource productivity, measured as GDP divided by domestic material consumption (DMC), monitors the relationship between what an economy produces and the physical materials it uses [2]. The economic recovery has also strengthened the labour market situation of younger people, with the employment rate of 20- to 24-year-olds steadily growing since 2014. For a society’s sustainable economic development and well-being it is crucial that economic growth generates not just any kind of job but also ‘decent’ ones. Gender equality in employment gives women more decision-making power and enhances family well-being: they will typically invest more of their income than men in the health, nutrition and education of their children. Earning disparities contribute to income inequality, gaps in labor force participation rates between men and women, and inequalities in lifetime earnings, pensions, and savings. Find out more. In 2017, the rate of fatal accidents at work for men was 13.7 times higher than for women. The EU has increased its resource productivity by 29.6 % since 2003, reaching EUR 1.9 per kilogram in 2018. Higher employment rates are a key condition for making societies more inclusive by reducing poverty and inequality in and between both regions and social groups. 12, 13, 14 and 15. Even as it highlights the importance of labour rights for all, it also makes visible some significant tensions. When women make their own decisions about how to spend their own money, and when they have more control over their own finances and those of their household, they are more likely to channel resources to food, water, children’s education and healthcare [15]. Extent to which a country has laws mandating women's workplace equality (score). Although GDP is not a complete measure of welfare, it gives an indication of an economy’s potential to satisfy people’s needs and its capacity to create jobs. Workers’ ability to freely associate, form unions, and engage in collective bargaining is particularly critical to women’s abilities to advocate for better working conditions, improve wages, and implement policies that protect them from workplace dangers (including harassment and violence). Eurostat, People living in households with very low work intensity by sex (online data code: tepsr_lm430). This article provides an overview of statistical data on SDG 8 ‘Decent work and economic growth’ in the European Union (EU). Women, on average, earn less than men in nearly every single occupation for which there is sufficient earnings data for both men and women to calculate an earnings ratio. Over the past few years, work in the EU has become safer but less economically secure. The overall growth of the employment rate over the past decade can be partly attributed to older workers delaying their retirement and women increasing their participation in the labour force [6]. European Commission (2019), Joint Employment Report 2019, Directorate-General for Employment, Social Affairs and Inclusion, Brussels. Despite the Kenya's progressive policy frameworks to improve gender equality and equity, girls and women still face discrimination. Over the past 25 years the number of workers living in extreme poverty has declined dramatically, despite the lasting impact of the 2008 economic crisis and global recession. International Labour Organisation (2020), World Employment and Social Outlook: Trends 2020, Geneva. Long-term unemployment can have long-lasting negative implications for individuals and society by endangering social cohesion and increasing the risk of poverty and social exclusion. SDG 8 Review Highlights Need for Life-long Learning, Leaving No Worker Behind story highlights The importance of a just transition and more efficient use of national and global resources, to decouple economic growth from environmental degradation, was highlighted. Excluding the agricultural sector, 51per cent of all workers fell into this employment category. Try the new automatic translation by clicking on the blue icon “Translate” up in the right corner of the article! In 2019, the total investment share of GDP in the EU was 22.4 %. Goal 8: Decent work and economic growth. As long as it remains context-relevant, standardized metrics enable greater comparability and ease data management amongst different players. Furthermore, the share of the so-called working poor’ (aged 18 and over) increased almost continuously from 2010 to 2016 in the EU. The global unemployment rate in 2017 was 5.6per cent, down from 6.4per cent in 2000.; Globally, 61per cent of all workers were engaged in informal employment in 2016. This page was last modified on 23 June 2020, at 14:17. The lower employment rates for women might be related to the fact that women of working age are more likely to be inactive than men. It calls for opportunities for full employment and decent work for all alongside the eradication of forced labour, human trafficking and child labour, and the promotion of labour rights and safe and secure working environments. SDG target 8.8 on labour rights recognises the risks of exploitation, trafficking and forced labour, while target 8.7 aims to eradicate such violations, which affect more than 40 million people – mostly girls and women – undermining global development and stability. Aditi Murti is a marketing major with a strong interest in books, feminist theory and good music.She divides her time between college and various writing projects in Pune. The Goals, particularly through SDG 16, tackle another omission of the MDGs, that of governance, inclusion, participation, rights and security. Yet, labour inequalities are pervasive, with women often facing legal and social hurdles around the types of jobs available to them and their ability to own and use land – also an issue for SDG 1. This gender gap has increased by 1.2 percentage points since 2006. The broad macro-economic model set out in this report, emphasises the importance of a disaggregated approach to addressing the varying problems and different Unemployment and long-term unemployment have decreased since 2014. The indicators selected to monitor this objective show that over the past few years, Europeans have been enjoying continuous economic growth, which has also become more sustainable. 8.8 Protect labour rights and promote safe and secure working environments for all workers, including migrant workers, in particular women migrants, and those in precarious employment 8.8.1 Poverty is often associated with the absence of a paid occupation. The role of statistics The role of national statistical offices (NSOs) It is likely that the observed trend was influenced by a number of other factors, such as a drop in DMC due to the economic crisis  [4]. European Commission (2017), EU External Investment Plan — Factsheet. Using natural resources more efficiently reduces pressure from production and consumption and increases an economy’s competitiveness. More detailed information on EU SDG indicators for monitoring of progress towards the UN Sustainable Development Goals (SDGs), such as indicator relevance, definitions, methodological notes, background and potential linkages, can be found in the introduction of the publication ’Sustainable development in the European Union — Monitoring report - 2020 edition’. The Sustainable Development Goals (SDGs) aim to encourage sustained economic growth by achieving higher levels of productivity by implementing technological innovation. SDG 8 recognises the importance of sustained economic growth and high levels of economic productivity for the creation of well-paid quality jobs, as well as resource efficiency in consumption and production. Kinskey, 2018, Returns to Investment in Education, Psacharopoulos & Patrinos / WB, 2002, Measuring the Economic Gain of Investing in Girls, WB, 2011, Making social protection gender responsive, UN Women, 2018. European Commission (2017), Establishing a European Pillar of Social Rights, COM(2017) 250 final, Brussels. A prerequisite for decent work is a safe and healthy working environment, without fatal accidents. Table 1: Indicators measuring progress towards SDG 8, EU-27, Table 2: Explanation of symbols for indicating progress towards SD objectives and targets. This growth is mainly attributable to an increase in business investment. One of these is growth in gross domestic product (GDP). Wage growth remains subdued, below what could be expected given the positive labour market and economic performance, and lagged behind average productivity growth in most Member States [11]. Proportion of women recognized as “contributing family workers” (as a % of total female employment). Universal Access to Banking, Insurance and Financial Services. SDG 3 exclusively addresses health, but health in the SDGs goes beyond SDG 3, with core health issues also residing in other goals. Employment and Social Developments in Europe, Annual review 2019, More from less — material resource efficiency in Europe. European Commission (2019), European Economic Forecast, Winter 2019, Publications Office of the European Union, Luxembourg. This page has been accessed 13,936 times. 1, 2, 3 and 4) limit the potential of these emerging markets. SDG 8 recognises the importance of sustained economic growth and high levels of economic productivity for the creation of well-paid quality jobs, as well as … Men earn 12.5per cent more than women in 40 out of 45 countries with data. It is based on the set of EU SDG indicators for monitoring of progress towards the UN Sustainable Development Goals (SDGs) in an EU context. Young people not engaged in employment nor in education and training (NEET) are among the most vulnerable groups in the labour market. The Goal’s aim is to “ Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels ”. What is the importance of standards for SDG 8? These are people, planet, prosperity, peace and partnerships. 16), inequality (SDG No. Investment is another indicator of economic growth as it enhances an economy’s productive capacity. The 2030 SDG Agenda has five areas of critical importance which can be referred to as the five Ps. The EU’s unemployment situation has also improved following the economic recovery. This report is the fourth edition of Eurostat’s series of monitoring reports on sustainable development, which provide a quantitative assessment of progress of the EU towards the SDGs in an EU context. And in too many places, having a job doesn’t guarantee the ability to escape from poverty. While economic growth is an important driver of prosperity and society’s well-being, it can also harm the environment it depends on. Eurostat, Europe 2020 headline indicators. In 2019, 22 per cent of the world's young people were not in employment, education or training, a figure that has hardly changed since 2005. Nevertheless, their employment perspectives remain precarious. Below is an overview of other important gender equality issues related to this SDG that are not currently reflected in the 2019 SDG Gender Index due to data gaps. A productive conversation between SDG 8 and SDG 5 is then, we conclude, important to challenge a growth-led approach to development; we need an approach that focuses on a gendered measure of development, which also chimes with interventions made by degrowth scholars. In 2019 it amounted to 11.7 percentage points, despite women increasingly becoming well qualified and even outperforming men in terms of educational attainment (see the article on SDG 4 ‘Quality education’). Sustainable economic growth thus also means generating employment opportunities for all and improving working conditions for those already in employment. Inclusive green economic growth and decent employment are of key importance for the development and prosperity of European countries and for the well-being and personal fulfilment of individuals. Long-term unemployment usually follows the trends in unemployment, but with a delay. In 2019, 2.8 % of the EU’s active population had been unemployed for a year or more, which is 2.7 percentage points less than at the peak of the long-term unemployment rate in 2014. Economic growth in the EU has become more sustainable. The level of investment had experienced a setback during the economic crisis, which interrupted a period of steady growth observed between 2004 and 2007. Standardized data languages. Women face legal barriers to economic participation, including access to ID documents and obstacles to property, getting a job or building credit. 75% of advocates agree that cross-country comparisons are an important part of their advocacy work. This means that work should deliver fair income, workplace security and social protection, and allow flexibility of working arrangements and hours. on gender equality is intrinsically linked to several other SDG’s, and it is important to talk about SDG 8 with specific mention of gender. Indeed, the past five years have seen a 6.8 % growth in the EU’s material consumption alongside the strong economic expansion reported above. In 2019, the unemployment rate stood at 6.7 %, which is a 4.2 percentage point improvement from 2014 [7]. Besides safety at work, fair income and social protection are other important components of decent work. OECD (2019), OECD Economic Outlook, November 2019, OECD Publishing, Paris. While the overall employment situation and working conditions have also improved, a gender gap in labour market participation persists, and the economic security of the working population still remains an issue. International Labour Organisation webpage on ‘decent work and the 2030 agenda for sustainable development’. Despite this improvement, the EU might still fall short on meeting the Europe 2020 employment target of 75 % [5]. Accessibility of data. Achieving health in the SDGs so that no one is left behind is a central tenet of the SDGs. From interface design to reporting platforms, making data available to the masses is key. Wage equality between men and women for similar work (score). Over the past few decades, the EU and its Member States have put considerable effort into ensuring minimum standards in occupational safety and health. Why SDG 8 matters to gender equality. The economic recovery in the EU over the past few years has been reflected in improved employment prospects. Women in developing countries are more likely than men to work in informal, poorly paid or unsafe jobs. Resource productivity is defined as GDP per unit of domestic material consumption (DMC), measured in EUR per kilogram. OECD (2019), OECD Employment Outlook 2019: The Future of Work, OECD Publishing, Paris. Citizens’ living standards depend on the performance of the EU economy, which can be measured using several indicators. In addition, the rate for least developed countries was 4.5 per cent in 2018 and 4.8 per cent in 2019, less than the 7 per cent growth rate targeted in SDG 8. Since 2014, per capita GDP has seen strong and continuous growth of 2.0 % per year on average. Ensure that all children, both boys and girls, enrol in and complete free, quality and equitable primary … More, Lobbying for women´s rights to health and well-being, SDG voluntary national reviews, Data2X, 2018, Big data and the well-being of women and girls, Data2X, 2017, Data for the sustainable development goals, UNESCO, 2018, The 2018 Atlas of Sustainable Development Goals, WB, 2018, Valuing women’s unpaid care and household work, Data2X, 2018, An economy that works for women, Oxfam, 2017, Women and the WTO gender statistics, WTO, 2016, Women, girls and tech for development, ITU News, 2018, International Girls in ICT Day, UN Women , 2018, Advancing women’s equality, Mc. After periods of decline and stagnation, the indicator has grown by 2.1 % on average per year since 2014. [15] L. Kienzle, “Helping Women Control Their Financial Lives through Digital Financial Services”, Center for Financial Inclusion Blog, July 26, 2018 (Washington, DC: CFI, 2018), https://cfi-blog.org/2017/06/23/helping-women-control-their-financial-lives-through-digital-financial-services/. High rates of women’s work in particularly vulnerable roles within the informal economy are linked to women’s lack of access to secondary education and vocational training, barriers to their legal entry into the formal workforce, and a lack of government policies to support their work. Over the past 15 years, the employment rate of women in the EU has been increasing and reached a new record high of 67.3 % in 2019. Thus, resource productivity is not directly comparable to concepts such as labour or capital productivity. Overall, the employment situation in the EU keeps improving. Monitoring SDG 8 in an EU context looks into trends in the areas of sustainable economic growth, employment and decent work. Apart from generating the resources needed for decent living standards and achieving life goals, work provides opportunities for meaningful engagement in society, which promotes a sense of self-worth, purpose and social inclusion. National evidence from Brazil, China, India, South Africa and the UK also demonstrates that women’s ability to earn and take part in financial decisions increases families’ resilience to economic shocks. Advancing women’s equality to close existing economic and social gender gaps could boost global GDP by $12 trillion (or 11%) by 2025 if every country matched the progress of the fastest-improving country in their region. Both private consumption and investment have been the key drivers of economic expansion in the EU [1]. In 2019, 32.2 % of inactive women aged 20 to 64 were in this situation because they were caring for children or incapacitated adults, compared with only 4.5 % of men. Nina Robinson / The Verbatim Agency / Getty Images, Frequently Asked Questions About Bending the Curve, SDG09 – Industry, Innovation & Infrastructure, Frequently Asked Questions About The SDG Gender Index, Read 3.8 Achieve universal health coverage, including financial risk protection, access to quality essential … , planet, prosperity, peace and partnerships be contributed entirely to success... More efficiently reduces pressure from production and consumption and investment have been the key drivers of economic as... [ 7 ] an aggregate measure of an economy ’ s unemployment situation has also improved following economic! Efficiently reduces pressure from production and consumption and investment have been the key of... Of 45 countries with data at all ages ) limit the potential of these materials directly. Workplace security and social Outlook: trends 2020, importance of sdg 8 the poor among the most vulnerable groups in EU! 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