17 December 2019

UNAI Quiz: SDG 8 - Decent Work and Economic Growth

A continued lack of decent work opportunities, insufficient investments and under-consumption lead to an erosion of the basic social contract underlying democratic societies: that all must share in progress. Even though the average annual growth rate of real GDP per capita worldwide is increasing year on year, there are still many countries in the developing world that are decelerating in their growth rates and moving farther from the 7% growth rate target set for 2030. As labor productivity decreases and unemployment rates rise, standards of living begin to decline due to lower wages.

Sustainable economic growth will require societies to create the conditions that allow people to have quality jobs that stimulate the economy while not harming the environment. Job opportunities and decent working conditions are also required for the working age population. There needs to be increased access to financial services to manage incomes, accumulate assets and make productive investments. Increased commitments to trade, banking and agricultural infrastructure will also help increase productivity and reduce unemployment levels in the world’s most impoverished regions.

Test your knowledge of SDG 8 now!

Correct! In 2016, real gross domestic product (GDP) per capita grew at 1.3 per cent globally, less than the 1.7 per cent average growth rate recorded from 2010 to 2016. For least developed countries, the rate fell sharply from 5.7 per cent from 2005 to 2009 to 2.3 per cent between 2010 and 2016. Labor productivity at the global level, measured as output produced per employed person in constant 2005 US dollars, grew by 2.1 per cent in 2017. This is the fastest growth registered since 2010.

Incorrect. The correct answer is C. In 2016, real gross domestic product (GDP) per capita grew at 1.3 per cent globally, less than the 1.7 per cent average growth rate recorded from 2010 to 2016. For least developed countries, the rate fell sharply from 5.7 per cent from 2005 to 2009 to 2.3 per cent between 2010 and 2016. Labor productivity at the global level, measured as output produced per employed person in constant 2005 US dollars, grew by 2.1 per cent in 2017. This is the fastest growth registered since 2010.

Incorrect. The correct answer is C. In 2016, real gross domestic product (GDP) per capita grew at 1.3 per cent globally, less than the 1.7 per cent average growth rate recorded from 2010 to 2016. For least developed countries, the rate fell sharply from 5.7 per cent from 2005 to 2009 to 2.3 per cent between 2010 and 2016. Labor productivity at the global level, measured as output produced per employed person in constant 2005 US dollars, grew by 2.1 per cent in 2017. This is the fastest growth registered since 2010.

Correct! Data from 45 countries suggest that gender inequality in earnings is still pervasive: in 89 per cent of these countries, the hourly wages of men are, on average, higher than those of women, with a median pay gap of 12.5 per cent. The global gender pay gap stands at 23 per cent globally and without decisive action, it will take another 68 years to achieve equal pay. Women’s labor force participation rate is 63 per cent while that of men is 94 per cent. Despite their increasing presence in public life, women continue to do 2.6 times the unpaid care and domestic work that men do.

Incorrect. The correct answer is C. Data from 45 countries suggest that gender inequality in earnings is still pervasive: in 89 per cent of these countries, the hourly wages of men are, on average, higher than those of women, with a median pay gap of 12.5 per cent. The global gender pay gap stands at 23 per cent globally and without decisive action, it will take another 68 years to achieve equal pay. Women’s labor force participation rate is 63 per cent while that of men is 94 per cent. Despite their increasing presence in public life, women continue to do 2.6 times the unpaid care and domestic work that men do.

Incorrect. The correct answer is C. Data from 45 countries suggest that gender inequality in earnings is still pervasive: in 89 per cent of these countries, the hourly wages of men are, on average, higher than those of women, with a median pay gap of 12.5 per cent. The global gender pay gap stands at 23 per cent globally and without decisive action, it will take another 68 years to achieve equal pay. Women’s labor force participation rate is 63 per cent while that of men is 94 per cent. Despite their increasing presence in public life, women continue to do 2.6 times the unpaid care and domestic work that men do.

Correct. Roughly half the world’s population still lives on the equivalent of about US$2 a day with global unemployment rates of 5.7 per cent, and having a job doesn’t guarantee the ability to escape poverty in many places. This slow and uneven progress requires us to rethink and retool our economic and social policies aimed at eradicating poverty.

Incorrect. The correct answer is A. Roughly half the world’s population still lives on the equivalent of about US$2 a day with global unemployment rates of 5.7 per cent, and having a job doesn’t guarantee the ability to escape poverty in many places. This slow and uneven progress requires us to rethink and retool our economic and social policies aimed at eradicating poverty.

Incorrect. The correct answer is A. Roughly half the world’s population still lives on the equivalent of about US$2 a day with global unemployment rates of 5.7 per cent, and having a job doesn’t guarantee the ability to escape poverty in many places. This slow and uneven progress requires us to rethink and retool our economic and social policies aimed at eradicating poverty.

Correct! The global unemployment rate in 2018 was 5 %. Slightly more than 172 million people globally were unemployed in 2018. That is about 2 million less than the previous year. The International Labour Organization (ILO) report — World Employment and Social Outlook: Trends 2019 finds the world’s unemployment rate has dropped to five percent, the lowest level since the global economic crisis in 2008. The ILO reports the jobs being created, however, are poor quality jobs that keep most of the world’s workers mired in poverty and a majority of the 3.3 billion people employed throughout the world are working under poor conditions that do not guarantee them a decent living. “These jobs tend to be informal and characterized by low pay, insecurity and little or no access to social protection and rights at work. Worldwide, 2 billion workers, or 61 percent, were in informal employment,” said ILO Deputy Director-General for Policy, Deborah Greenfield.

Incorrect. The global unemployment rate in 2018 was 5 %. Slightly more than 172 million people globally were unemployed in 2018. That is about 2 million less than the previous year. The International Labour Organization (ILO) report — World Employment and Social Outlook: Trends 2019 finds the world’s unemployment rate has dropped to five percent, the lowest level since the global economic crisis in 2008. The ILO reports the jobs being created, however, are poor quality jobs that keep most of the world’s workers mired in poverty and a majority of the 3.3 billion people employed throughout the world are working under poor conditions that do not guarantee them a decent living. “These jobs tend to be informal and characterized by low pay, insecurity and little or no access to social protection and rights at work. Worldwide, 2 billion workers, or 61 percent, were in informal employment,” said ILO Deputy Director-General for Policy, Deborah Greenfield.

Incorrect. The global unemployment rate in 2018 was 5 %. Slightly more than 172 million people globally were unemployed in 2018. That is about 2 million less than the previous year. The International Labour Organization (ILO) report — World Employment and Social Outlook: Trends 2019 finds the world’s unemployment rate has dropped to five percent, the lowest level since the global economic crisis in 2008. The ILO reports the jobs being created, however, are poor quality jobs that keep most of the world’s workers mired in poverty and a majority of the 3.3 billion people employed throughout the world are working under poor conditions that do not guarantee them a decent living. “These jobs tend to be informal and characterized by low pay, insecurity and little or no access to social protection and rights at work. Worldwide, 2 billion workers, or 61 percent, were in informal employment,” said ILO Deputy Director-General for Policy, Deborah Greenfield.

Correct! Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 per cent gross domestic product growth per annum in the least developed countries.

Incorrect. The correct answer is A. Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 per cent gross domestic product growth per annum in the least developed countries.

Incorrect. The correct answer is A. Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 per cent gross domestic product growth per annum in the least developed countries.

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