BUSINESS

7.4% joblessness in OIC member states

Call to provide more opportunities for youth and women

February 22, 2018

Fatima Muhammad



SAUDI GAZETTE

LABOR Ministers of the Organization of Islamic Cooperation (OIC) member states have expressed concern about the unemployment rate, which has reached an average of 7.4% in 2016 a percentage that is higher than the world average.

An OIC declaration also showed that youth and women are the most affected. Thus they called on strengthening efforts to create quality employment opportunities and enhance bilateral cooperation to increase the people welfare.

The Secretary-General of the Organization of Islamic Cooperation, Yousef Al-Othaimeen confirmed the organization's eagerness to assist job seekers in the member States, stressing that the choice of the theme "Developing a Common Strategy for Manpower Development" reflects the attention given to developing personal and organizational knowledge and skills and facilitating access to the labor market.

Al-Othaimeen called for the implementation of the executive program for the OIC framework for cooperation on labor, employment and social protection, which includes the development of a database of migrant workers, the setting up of an OIC Labor and Professional Training Observatory, the creation of a job market information unit, and the provision of legal protection for employees as well as the development of a labor market legislation.

On the other hand, the secretary-general urged the member states to expedite the signing and ratification of the statute of OIC Labor Center, the recent specialized institution of the organization, to be based in Baku in the Republic of Azerbaijan.

The ministers also addressed ways to develop effective solutions for addressing unemployment through job creation, labor productivity, and youth and women employment in member countries. Special attention was given to providing employees with health safety professional training, legal protection, and social security protection.

The ministers acknowledged the importance of investment in human resources as a powerful driver of productivity, economic growth, increased welfare and greater social cohesion. Therefore, the ministers committed to increasing their efforts to build skills for work and life and to strengthening the link between education and employment,.

The ministers also acknowledged that promoting better employment opportunities for vulnerable groups, especially youth and women remains a key OIC objective and an integral part of its development agenda. They renewed their commitment to implement a comprehensive strategy, including policies to facilitate transition from school to work, strengthen quality employment and apprenticeship opportunities as well as action to improve employability, equal opportunities and entrepreneurship.


February 22, 2018
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