8 Surprising Facts About Global Goal 8 You Need to Know

8 Surprising Facts About Global Goal 8 You Need to Know

Global Goal 8: decent work and economic growth, was launched in 2015 by the United Nations as part of the Sustainable Development Goals. This goal seeks to promote sustainable and inclusive economic growth, full and productive employment, and decent work for all. But what do we really know about Global Goal 8? In this article, we will explore 8 surprising facts about Global Goal 8 that you need to know.

Fact 1: Global Goal 8 is essential for reducing poverty

Reducing poverty is a critical component of Global Goal 8. According to the World Bank, more than 700 million people still live in extreme poverty, and many people work in jobs that do not provide enough income to escape poverty. Global Goal 8 aims to create sustainable economic growth and job opportunities that can help lift people out of poverty.

Fact 2: Women face significant barriers to accessing decent work

Despite progress in recent years, women still face significant barriers to accessing decent work. The International Labour Organization estimates that women are 26 percent less likely than men to have a job and are more likely to work in vulnerable employment. Global Goal 8 calls for equal access to employment and economic opportunities for women.

Fact 3: Youth unemployment is a major challenge

Youth unemployment is a significant issue facing many countries. According to the International Labour Organization, nearly 64 million young people are unemployed worldwide. Global Goal 8 targets the creation of quality apprenticeships, training, and education opportunities for young people to help them secure decent work.

Fact 4: Informal employment is widespread

Informal employment, where workers are not covered by labor laws or social protection, is a significant issue in many countries. The International Labour Organization estimates that more than 60 percent of the world’s employed population works in the informal economy. Global Goal 8 aims to encourage the formalization of the informal economy to ensure that workers are protected and have access to decent work.

Fact 5: Decent work can promote social inclusion

Decent work can promote social inclusion by providing individuals with the means to participate in society and contribute to their communities. Global Goal 8 recognizes the importance of promoting social inclusion and ensuring that everyone has access to decent work regardless of their background or identity.

Fact 6: Sustainable economic growth is critical for achieving Global Goal 8

Sustainable economic growth is critical for achieving Global Goal 8. Without sustainable growth, job creation and decent work opportunities will be limited. Global Goal 8 seeks to promote sustainable economic growth by focusing on areas such as entrepreneurship, innovation, and small and medium-sized enterprises.

Fact 7: Global Goal 8 can help address the climate crisis

Global Goal 8 can help address the climate crisis by promoting sustainable economic development and reducing carbon emissions. By investing in renewable energy, sustainable transportation, and green infrastructure, Global Goal 8 can help create long-term job opportunities while reducing the environmental impact of economic growth.

Fact 8: Global Goal 8 is interconnected with other Sustainable Development Goals

Global Goal 8 is interconnected with other Sustainable Development Goals. For example, decent work and economic growth are critical components of eradicating poverty (Global Goal 1) and achieving gender equality (Global Goal 5). By working towards Global Goal 8, we can also help advance progress towards other Sustainable Development Goals.

Conclusion

Global Goal 8: decent work and economic growth is an essential component of the Sustainable Development Goals. By promoting sustainable economic growth and job opportunities, Global Goal 8 can help reduce poverty, promote social inclusion, address the climate crisis, and advance progress towards other Sustainable Development Goals. As we move forward towards a more sustainable and inclusive world, Global Goal 8 must remain a top priority.

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