8. DECENT WORK AND ECONOMIC GROWTH

Five-year comprehensive labour market policy in the offing – DailyNews

Five-year comprehensive labour market policy in the offing – DailyNews
Written by ZJbTFBGJ2T

Five-year comprehensive labour market policy in the offing …  Daily News

Five-year comprehensive labour market policy in the offing – DailyNews

Labour Market Policy for Sri Lanka: A Step Towards Sustainable Development

The Labour and Foreign Employment Minister, Manusha Nanayakkara, has taken a significant step towards addressing the country’s labour challenges by advising officials to form a committee. This committee will study and develop a comprehensive labour market policy for the next five years.

Importance of Labour Market Policies

Labour market policies are strategies implemented by Governments to manage employment and labour issues. They aim to ensure a smooth functioning labour market, promoting employment, improving productivity, and ensuring fair wages and working conditions.

Comprehensive Approach

The proposed labour market policy covers both formal and informal sectors, including white-collar, blue-collar, and new-collar jobs. The International Labour Organization (ILO) and local labour economists are providing technical assistance to support this initiative.

Promoting Gender Equality in the Workforce

The labour market policy aims to tackle gender disparities within the workforce. Despite commendable literacy rates among women, their involvement in the labour force remains disproportionately low. The policy proposes measures such as flexible working hours, maternity benefits, and secure workplace environments to invigorate female workforce participation.

Addressing Childcare Needs

The policy recognizes the importance of addressing childcare concerns. By providing affordable and quality childcare services, more parents, especially women, will be able to participate in the workforce.

Promoting Active Aging

The labour market policy also aims to address concerns regarding the aging population. It proposes policies that promote active aging, such as lifelong learning and age-friendly workplaces. Additionally, the policy will consider pension systems to ensure income security for older people.

Enhancing Labour Productivity

The policy will collaborate with industries to address labour productivity. This collaboration will ensure that the skills taught align with market needs, reducing skills mismatch and boosting productivity.

Towards a More Efficient and Inclusive Labour Market

The proposed labour market policy is a much-needed initiative for Sri Lanka. It presents an opportunity to address longstanding labour issues and build a more efficient, productive, and inclusive labour market.

DINULI FRANCISCO

SDGs, Targets, and Indicators

SDGs Targets Indicators
SDG 5: Gender Equality Target 5.1: End all forms of discrimination against all women and girls everywhere – Percentage of women in the labor force
– Measures to promote flexible working hours and maternity benefits for women
SDG 8: Decent Work and Economic Growth Target 8.5: By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value – Percentage of population with secure workplace environments
– Measures to improve productivity and ensure fair wages and working conditions
SDG 4: Quality Education Target 4.4: By 2030, substantially increase the number of youth and adults who have relevant skills, including technical and vocational skills, for employment, decent jobs, and entrepreneurship – Collaboration with industries to align skills taught with market needs
– Reduction of skills mismatch
SDG 1: No Poverty Target 1.3: Implement nationally appropriate social protection systems and measures for all, including floors, and by 2030 achieve substantial coverage of the poor and the vulnerable – Measures to address concerns regarding the aging population and promote active aging
– Pension systems to ensure income security for older people

1. Which SDGs are addressed or connected to the issues highlighted in the article?

SDG 5: Gender Equality

The article highlights the proposed labor market policy’s aim to address gender disparities within the workforce. It mentions measures such as flexible working hours, maternity benefits, and the assurance of secure workplace environments to invigorate female workforce participation.

SDG 8: Decent Work and Economic Growth

The article emphasizes that labor market policies aim to promote employment, improve productivity, and ensure fair wages and working conditions. It also mentions the need for collaboration with industries to align skills taught with market needs, reducing skills mismatch and boosting productivity.

SDG 4: Quality Education

The article mentions the collaboration with industries to ensure that the skills taught align with market needs, reducing skills mismatch and boosting productivity.

SDG 1: No Poverty

The article mentions the need for policies that promote active aging, such as lifelong learning and age-friendly workplaces, to address concerns regarding the aging population. It also highlights the importance of pension systems to ensure income security for older people.

2. What specific targets under those SDGs can be identified based on the article’s content?

Target 5.1: End all forms of discrimination against all women and girls everywhere

The proposed labor market policy aims to invigorate female workforce participation through measures such as flexible working hours, maternity benefits, and the assurance of secure workplace environments.

Target 8.5: By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value

The proposed labor market policy aims to improve productivity and ensure fair wages and working conditions.

Target 4.4: By 2030, substantially increase the number of youth and adults who have relevant skills, including technical and vocational skills, for employment, decent jobs, and entrepreneurship

The proposed labor market policy aims to collaborate with industries to ensure that the skills taught align with market needs, reducing skills mismatch.

Target 1.3: Implement nationally appropriate social protection systems and measures for all, including floors, and by 2030 achieve substantial coverage of the poor and the vulnerable

The proposed labor market policy aims to address concerns regarding the aging population by promoting active aging through lifelong learning and age-friendly workplaces. It also mentions the need for pension systems to ensure income security for older people.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

The article mentions or implies several indicators that can be used to measure progress towards the identified targets:

– Percentage of women in the labor force: This indicator can measure progress towards Target 5.1 (End all forms of discrimination against all women and girls everywhere) by assessing the increase in female workforce participation through measures such as flexible working hours, maternity benefits, and secure workplace environments.

– Percentage of population with secure workplace environments: This indicator can measure progress towards Target 8.5 (Achieve full and productive employment and decent work for all) by evaluating the implementation of policies to ensure fair wages and working conditions.

– Collaboration with industries to align skills taught with market needs: This indicator can measure progress towards Target 4.4 (Increase the number of youth and adults with relevant skills) by assessing the extent to which skills taught in educational institutions align with the needs of the job market, reducing skills mismatch.

– Measures to address concerns regarding the aging population and promote active aging: This indicator can measure progress towards Target 1.3 (Implement social protection systems and measures for all) by evaluating the implementation of policies promoting lifelong learning, age-friendly workplaces, and pension systems to ensure income security for older people.

4. SDGs, Targets, and Indicators

SDGs Targets Indicators
SDG 5: Gender Equality Target 5.1: End all forms of discrimination against all women and girls everywhere – Percentage of women in the labor force
– Measures to promote flexible working hours and maternity benefits for women
SDG 8: Decent Work and Economic Growth Target 8.5: By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value – Percentage of population with secure workplace environments
– Measures to improve productivity and ensure fair wages and working conditions
SDG 4: Quality Education Target 4.4: By 2030, substantially increase the number of youth and adults who have relevant

Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.

Source: dailynews.lk

 

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