In addition,
Invest care economy:
International chronic
Invest in the care economy – Invest care economy
International chronicle by Sukti Dasgupta. Therefore, Director of the ILO Working and Equality Department.
Posted today at 06:40
When International Labor Conferenceorganized by the International Labor Organization (ILO) in June invest care economy 2024 in Geneva. Furthermore, governments, employers and unions recalled too often forgotten: “Care work, paid or not, is essential to any other work.”
In other words: without crèches. Furthermore, without support for the elderly or dependent, millions of women and men simply could not fully participate in the economy. Meanwhile, Care is the invisible infrastructure that makes any other work possible. Similarly, When care systems work, children grow better, the elderly live with dignity and communities thrive. For example, The economy benefits just as much: care stimulates productivity. Nevertheless, support companies and create jobs by allowing everyone, and especially women, to fully participate in the labor market.
Inequality
But if everyone benefits from care, their responsibility as their cost remains unequally shared. Around the world. the insufficiency of care policies, services and infrastructure, reinforced by invest care economy tenacious social standards, make women have an unequal part of unpaid care responsibilities. Result: persistent inequality at work, limited access to employment, interrupted or braked careers and persistent salary penalties.
The scale of the challenge is global. L’OIT estimates, that in 2023, 748 million people of working age remained outside the job market because of their unpaid family responsibilities. Among them, 708 million women and only 40 million men. In high -income countries, care tasks alone explain up to 80% of the employment gap between women and men.
Without action, these inequalities will widen as populations age and that care needs increase.
Consider care as an investment, not as a cost, changes the situation. Investing in universal childcare and long -term care services could create nearly 300 million jobs by 2035. invest care economy This would promote equality between women and men in terms of employment and salary, while meeting with strong growth care.
Care
These jobs do not only concern direct care services: they irrigate the entire economy. including the supply chains that support them. Investing in the care economy is therefore essential to generate both social and economic profits. The major ILO resolution on decent work. the economy of care, adopted at the International Labor Conference of 2024, highlights a strategic framework, that of “5 R”, recognition, reduction and redistribution of unpaid care work, reward and representation of workers in the sector, as a guiding tool to build a sustainable and fair care economy.
This compass allows governments. employers and unions to develop integrated and respectful care systems, capable of expanding access, improving employment quality, reducing gender invest care economy differences and creating millions of decent jobs.
Investing in the care economy is both consolidating our companies and boosting our economies. It is, above all, to open the way to a future where economic progress and social justice are advancing.
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