World Employment and Social Outlook Trends 2022

Page 63

2. Employment and social trends by region

X Table 2.4 Estimates and projections of working hours, employment, unemployment and labour force, regional and subregional, Asia and the Pacific, 2019–23 Region/subregion

Ratio of total weekly hours worked to population aged 15–64 (percentages)

Total weekly working hours in full-time equivalent jobs (FTE = 48 hours/week) (millions)

2019

2020

2021

2022

2023

2019

2020

2021

2022

2023

Asia and the Pacific

29.2

26.8

28.0

28.6

28.8

1 771

1 638

1 723

1 774

1 797

East Asia

33.8

32.5

33.9

34.0

33.9

825

790

821

823

821

South-East Asia

29.7

27.3

27.5

28.6

29.3

277

257

262

275

284

Pacific Islands

25.2

24.3

24.7

24.8

25.1

14

14

14

14

14

South Asia

24.8

21.5

23.0

24.0

24.3

655

577

626

662

678

Employment-to-population ratio (percentages)

Employment (millions)

2019

2020

2021

2022

2023

2019

2020

2021

2022

2023

Asia and the Pacific

57.7

55.3

55.8

56.1

56.1

1 901

1 843

1 878

1 909

1 930

East Asia

65.5

64.4

64.3

64.2

64.1

906

895

898

901

902

South-East Asia

65.7

63.9

63.9

64.1

64.6

324

320

324

329

336

Pacific Islands

60.2

58.8

59.8

59.5

59.4

19

19

20

20

20

South Asia

47.0

43.3

44.5

45.4

45.5

651

609

636

660

672

Unemployment rate (percentages)

Unemployment (millions)

2019

2020

2021

2022

2023

2019

2020

2021

2022

2023

Asia and the Pacific

4.3

5.4

4.8

4.6

4.5

85.8

104.7

95.2

92.6

91.0

East Asia

4.3

4.8

4.6

4.5

4.3

40.6

44.7

43.1

42.0

41.0

South-East Asia

2.5

3.0

3.1

3.1

2.8

8.2

9.9

10.5

10.4

9.7

Pacific Islands

4.7

5.6

4.7

4.6

4.5

0.9

1.1

1.0

0.9

0.9

South Asia

5.2

7.4

6.0

5.6

5.5

36.0

48.9

40.7

39.3

39.4

Labour force participation rate (percentages)

Labour force (millions)

2019

2020

2021

2022

2023

2019

2020

2021

2022

2023

Asia and the Pacific

60.3

58.5

58.6

58.8

58.8

1 987

1 948

1 973

2 002

2 021

East Asia

68.4

67.6

67.4

67.2

67.0

947

940

942

943

943

South-East Asia

67.4

65.9

66.0

66.1

66.4

333

330

334

340

345

Pacific Islands

63.1

62.3

62.7

62.3

62.2

20

20

21

21

21

South Asia

49.6

46.7

47.3

48.1

48.2

687

658

677

699

712

Source: ILOSTAT, ILO modelled estimates, November 2021.

in 2020 (Appendix C, table C13). Youth were also disproportionately affected, accounting for nearly half (48 per cent) of net job losses despite representing only 9 per cent of the workforce. The subregion’s labour market recovery is expected to have lagged behind its economic recovery, with only incremental increases in EPR and LFPR in 2021. The heavy toll of new variants and waves of the virus in 2021, combined with slow vaccine

roll-out, has resulted in a downward revision of the region’s growth prospects, especially for South Asia and South-East Asia (IMF 2021a). In 2020, South Asia accounted for approximately 60 per cent of the decline in working hours in the region, and 73 per cent of net job losses, as weak public healthcare and high informality compounded the human costs of the crisis. The subregion’s EPR declined by a staggering

61


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B. ILO modelled estimates

19min
pages 102-107

A. Country groupings by region and income level

3min
pages 100-101

References

2min
pages 96-99

Conclusion

0
page 95

Macroeconomic implications

3min
page 94

Implications for enterprises

3min
page 93

by occupational skill levels, in selected economies

2min
page 90

Engaging and re-engaging youth: Labour market activation and challenges

3min
page 69

3.1 Temporary employment and different forms of work

2min
page 82

References

6min
pages 73-78

and labour force, regional and subregional, Europe and Central Asia, 2019–23

1min
page 68

Deepening inequality

6min
pages 29-30

and labour force, regional and subregional, Asia and the Pacific, 2019–23

2min
page 63

Acknowledgements

14min
pages 11-18

Africa

3min
page 43

and labour force, regional and subregional, Americas, 2019–23

2min
page 51

References

5min
pages 36-40

Labour market trends in Latin America and the Caribbean

3min
page 54

Labour market trends in North Africa

3min
page 44
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