The G7 advocates for more training and inclusion to sustain the labor market

The labor ministers of the countries of the G7 highlighted the importance of applying the lessons learned from the pandemic and bet on better access to continuous training and more inclusion in the labor market for its sustainability.

At the end of their two-day meeting in Kurashikiin the west of Japanthe job holders of the Group of Seven (Canada, France, Germany, Italy, Japan, United Kingdom, and the United States)together with the representative of the branch of the European Union, adopted a joint declaration in which they advocate that the States make a greater investment in human capital.

In this sense, they highlighted the importance of “learn lessons from the policies related to the Covid-19 to be able to respond to future crises without jeopardizing the sustainability of social protection systems”. given the unforeseen budgetary costs that these measures caused in some countries, putting pressure on their unemployment systems.

With this in mind, they advocated for policies that include greater support for workers They can remain, enter or rejoin a job in any circumstance.

The pandemic has generated changes in the forms of production and consumption and the expansion of the use of digital platforms, accelerating a transformation of the labor market and communications.

To adapt to this new situation, the G7 advocates promoting “adequate opportunities for upgrading and updating professional skills, to help reduce the risk of job insecurity, skill mismatches and gaps, and shortages of skilled workers in our labor markets.”

“We will renew our efforts to improve the availability of quality education and continuing training opportunities, particularly for those most in need,” including strengthening public-private coordination, given the “high inequality” of access to training programs among the G7 economies, they added.

As regards the drop in the volume of the labor force, the ministers of the G7 advocated promoting participation in the market through the incorporation of older workers and people with disabilities, who can use teleworking, robotics or artificial intelligence (AI).

The group’s job holders recognized that there are still differences in access to job opportunities, including the gender gap and “occupational segregation and stereotyped visions of gender roles, especially in managerial positions,” in which they committed to continue working.

The group included in the text a condemnation of the Russian invasion of Ukraine, “which has caused untold harm to the people of Ukraine, as well as rising food and energy prices that threaten millions with increased risk of poverty, and has had social, economic and labor market impacts significant in Ukraine and beyond”, pointed out.

Source: EFE.