Labour 20 has released the Statement for the G20 Finance and Labour Ministers' Meeting, prepared by the International Trade Union Confederation (ITUC) and the Trade Union Advisory Committee to the OECD (TUAC). The Statement sets out proposals for job creation, labour market and youth programs, inclusive growth, quality jobs in small and medium enterprises, and discusses past G20 commitments and future perspectives.
The G20 countries face underemployment and a crisis of confidence. The Labour 20 has consistently called for G20 governments to make employment a focus of their recovery strategies and to strengthen labour market institutions in order to achieve a fair income distribution and to create green, sustainable jobs through smart investments. The decision of the Russian G20 Presidency to hold the first Joint G20 Finance and Labour Ministers Meeting provides an opportunity to re-launch a Jobs Plan for the G20 economies.
The Statement will be officially presented during the Labour 20 Summit and press conference on July 17 in Moscow, and its recommendations will be discussed at the G20 Labour Ministers Meeting with Social Partners on July 18.