The world of work is undergoing a major process of change driven by new forces:
190 million people are unemployed in the world, of whom 64.8 million are youth.
300 million workers live in extreme poverty - that is less than 1 euro 70 cents per day.
2 billion people make their living in the informal economy.
Wage growth declined from 2.4 to 1.8 percent between 2016 and 2017.
A 20 percent pay gap exists between men and women.
All these challenges have to be addressed with 344 million jobs that should be created worldwide by 2030.