Inequalities, employment generation and decent work

The subject of inequality is central when examining the challenges of employment- generation and decent work (International Labour Organization, 2007). The evident worsening of economic and social inequality in the past three decades raises an important question on the impact, that such trends have had on the growth of employment and work opportunities. Although well-known economic models have postulated that some inequality promotes investment and economic growth, certain empirical evidence indicates that a high degree of inequality has a negative impact on subsequent economic outcomes. Moreover, better wealth redistribution can indeed promote sustainable economic growth which would generate a relative improvement in work opportunities for lowerincome groups and for lower-income countries.

Sustainable Development Goals:

No Poverty

Reduced Inequalities