Decent Work and Economic Growth

Over the past 25 years, the number of workers living in extreme poverty has declined dramatically, even with the lasting impact of the 2008 economic crisis and global recession. In developing countries, the middle class now makes up more than 34 percent of total employment – a number that has almost tripled between 1991 and 2015. However, as the global economy continues to recover, we are seeing slower growth, widening inequalities, and insufficient job creation to keep up with a growing labor force. In 2015, more than 204 million people were unemployed, according to the International Labour Organization.

To address these challenges, this goal aims to sustain per capita economic growth in accordance with national circumstances, targeting at least 7 percent gross domestic product growth per annum in the least developed countries. It also seeks to achieve higher levels of economic productivity through diversification, technological upgrading, and innovation. Promoting development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity, and innovation is crucial.

Additionally, this goal emphasizes the importance of protecting labor rights and promoting safe and secure working environments for all workers, including migrant workers, particularly women migrants, and those in precarious employment. The SDGs promote sustained economic growth, higher productivity, and technological innovation. Encouraging entrepreneurship and job creation are key to this, as are effective measures to eradicate forced labor, slavery, and human trafficking. With these targets in mind, the goal is to achieve full and productive employment and decent work for all women and men by 2030.