Trends Identified
More than 170 million people are unemployed despitethe continued decrease in the global unemployment rate
An estimated 172 million people worldwide were unemployed in 2018, which corresponds to an un-employment rate of 5.0 per cent. It is remarkable that, whereas it took only one year for the global un-employment rate to jump from 5.0 per cent in 2008 to 5.6 per cent in 2009, the recovery to the levels that prevailed before the global financial crisis has taken a full nine years. The current outlook is un-certain. Assuming stable economic conditions, the unemployment rate in many countries is projected to decline further. However, macroeconomic risks have increased and are already having a negative impact on the labour market in a number of countries. On balance, the global unemployment rate should remain at roughly the same level during 2019 and 2020. The number of people unemployed is projected to increase by 1 million per year to reach 174 million by 2020 as a result of the expanding labour force.
2019
World Employment and Social Outlook
International Labour Organization (ILO)
Labour underutilization is more prevalent among women
Apart from the unemployed, a further 140 million people were in the “potential labour force” in 2018, which means that they have to be classified as underutilized labour. This group of people who are looking for a job but are not available to take up employment, or who are available but are not looking for a job, includes far more women (85 million) than men (55 million). The corresponding rate of labour underutilization is consequently much higher for women, at 11.0 per cent, than for men, at 7.1 per cent. In addition, women are much more likely to work part time and a significant proportion say they would prefer more hours of employment.
2019
World Employment and Social Outlook
International Labour Organization (ILO)
Renewables step up to the plate; coal strikes out
The rapid deployment and falling costs of clean energy technologies; in 2016, growth in solar PV capacity was larger than for any other form of generation; since 2010, costs of new solar PV have come down by 70%, wind by 25% and battery costs by 40%.
2017
World energy outlook 2017 executive summary
International Energy Agency (IEA)
The future is electrifying
The growing electrification of energy; in 2016, spending by the world’s consumers on electricity approached parity with their spending on oil products.
2017
World energy outlook 2017 executive summary
International Energy Agency (IEA)
When China changes, everything changes
The shift to a more services-oriented economy and a cleaner energy mix in China, the world’s largest energy consumer.
2017
World energy outlook 2017 executive summary
International Energy Agency (IEA)
The shale revolution in the United States is turning to exports
The resilience of shale gas and tight oil in the United States, cementing its position as the biggest oil and gas producer in the world even at lower prices.
2017
World energy outlook 2017 executive summary
International Energy Agency (IEA)
Medicine gets personal
Prepare for tailor-made treatment
2016
World in 2017
The Economist
Gene-ius therapies
The age of gene therapy arrives at last
2016
World in 2017
The Economist
The internet of wings
An ambitious project will start in 2017 designed to track from space the movement and behaviour of animals, large and small, anywhere they travel around the world. In June a Russian rocket will carry an array of sensitive dish antennae up to the International Space Station. Orbiting low over Earth, the antennae will be able to decode faint radio signals from tiny solar-powered tracking tags, light enough for migrating songbirds to carry safely. If all goes well, within two years as many as 20,000 animals may be tagged—and further into the future hundreds of thousands more, as the tags become light enough to be carried even by large flying insects such as locusts.
2016
World in 2017
The Economist