Learning about SDG 8

Summary

By 2030, urban areas will house 60% of the global population, posing challenges for local leaders to ensure economic growth and decent work. With 40 million jobs needed annually for new labor market entrants and significant informal economy and gender wage gaps, local governments are addressing these issues by fostering social dialogue, promoting entrepreneurship, and implementing job-oriented policies to achieve inclusive and sustainable economic growth as outlined in SDG 8 of the 2030 sustainable development agenda.

Takeaways

• 🌆 By 2030, 60% of the global population is projected to live in urban areas.
• 💼 Annually, 40 million new jobs are needed for young people entering the workforce.
• 🌍 Informal economy workers range from 45% to 90% depending on the region.
• 👦 There are 168 million children involved in child labor worldwide.
• 💰 Women's wages are on average 4 to 36 percent less than men's.
• 🏛️ Local governments are taking action to foster community participation and social dialogue.
• 🔄 Adapting to economic trends and challenges is crucial for local governments.
• 🚀 Promoting entrepreneurship and job-oriented policies is key to economic growth.
• 🛡️ Labor protection and innovation are important for sustainable development.
• 🤝 City-to-city cooperation is a strategy for learning and achieving inclusive growth.
• 🎯 Achieving SDG 8, which focuses on inclusive and sustainable economic growth, employment, and decent work, relies on local governments.

Q & A

What is the projected percentage of the global population living in cities by 2030?

By 2030, it is projected that 60% of the global population will live in cities.

What is the annual job creation requirement for young people entering the labor market?

There is a need to create 40 million jobs every year for young people entering the labor market.

What is the percentage of workers in the informal economy in developing regions?

Between 45 and 90 percent of workers in developing regions are in the informal economy.

How many children are involved in child labor worldwide?

There are 168 million children involved in child labor worldwide.

What is the wage gap between women and men on average?

Women's average wages are between 4 to 36 percent less than men's.

What actions are local governments taking to foster economic growth?

Local governments are fostering community participation, social dialogue, adapting to economic trends, promoting entrepreneurship, job-oriented policies, innovation, and labor protection.

What is the role of city-to-city cooperation in achieving economic growth?

City-to-city cooperation allows local and regional governments to learn from one another to ensure inclusive and sustainable economic growth, employment, and decent work.

What is Goal 8 of the 2030 Sustainable Development Agenda?

Goal 8 of the 2030 Sustainable Development Agenda is to ensure inclusive and sustainable economic growth, employment, and decent work for all.

Why is local government crucial in achieving SDG 8?

Local governments are crucial in achieving SDG 8 because they are directly involved in fostering community participation, social dialogue, and implementing policies that promote job creation and labor protection.

How can local governments adapt to economic trends and challenges?

Local governments can adapt to economic trends and challenges by promoting entrepreneurship, job-oriented policies, innovation, and labor protection.

What is the significance of social dialogue between employers and workers in the informal economy?

Social dialogue between employers and workers in the informal economy is significant as it fosters community participation, improves working conditions, and helps in the formalization of the economy.