ILO
Report Highlights Need for Strong Social Security in Changing Job Market
- A recent report released by the International Labour
Organization (ILO), “Universal Social Protection in Changing Labour Markets:
Protecting Workers in All Types of Employment” highlights the urgent need to
strengthen social protection systems in response to changing labour market
realities, including informalisation, gig work, and non-standard employment.
About Social Protection
- ¨ Social protection (social security) refers to policies and programmes aimed at reducing and preventing poverty and vulnerability across the life cycle.
- It includes nine key areas: child and family benefits, maternity protection, unemployment support, employment injury benefits, sickness benefits, health protection, old-age benefits, disability benefits, and survivors’ benefits.
Need for Strengthened Social Protection
- ¨ Shift from Reduction to
Prevention: Systems must evolve from merely reducing poverty to preventing
vulnerability, ensuring support before individuals fall into risk.
- Adapting to Changing
Labour Markets: With the rise of temporary, part-time, self-employed, and
informal work, social protection must ensure universal access to adequate and
comprehensive benefits.
- Expanding Coverage and
Inclusion: Extending social insurance to workers in agriculture, domestic work,
micro- and small enterprises, and complex employment arrangements improves
income security, fairness, and inclusion.
- Build Resilience to
Crises: Robust social protection systems enhance stability amid climate change,
technological disruptions, and demographic shifts (E.g. Pradhan Mantri Fasal
Bima Yojana).
- Reduce Gender
Inequalities: Gender-responsive social protection measures help correct labour
market disparities (E.g. Pradhan Mantri Matru Vandana Yojana).
Role of Social Insurance
- ¨ Enables risk-sharing and
redistribution across men and women, higher- and lower-income groups, and
workers with continuous or interrupted careers
- Helps mitigate gender
inequalities in labour markets
- Remains a stable financing source, contributing 18.8% of total taxation and 5.7% of GDP globally (2019).
- Accounts for over 27% of total taxation in Europe and Central Asia, and remains significant in Africa, Asia and the Pacific despite relatively lower shares.
- Continues to play a key
role even with challenges in extending coverage to the informal economy.
Key Concern
- ¨ The report underscores
that existing social protection systems are insufficient to address the
realities of modern labour markets, characterised by informal employment, gig
work, and diverse employment arrangements.
- Without reform, large
sections of workers remain exposed to social and economic risks.