Unemployment underscores the slow rate of global economic growth and engenders uncertainty. Tackling this multi-layered issue calls for coordinated actions between governments and the business world. The B20 aims to address the loss of jobs associated with rapid technological development, the re-skilling needed for rapidly shifting job markets, and the policy reforms required to correct structural discrepancies.
|Business Network Partner||
The Employment Taskforce has 100 members, mostly senior executives from the private sector and business associations. The taskforce receives assistance from those organizations along with in-depth project support from AT Kearney. The taskforce’s membership is broadly representative of G20 countries.
Youth unemployment remains a cumbersome issue. In addition to the problem of unemployment, the world is expected to have a higher mismatch of skills demanded and supplied, due to disruptive technological changes. Moreover, the introduction of new technologies to workplaces is expected to increase productivity at the expense of mid-skill jobs by not only replacing jobs but displacing them. In addition to the aforementioned burdens, the participation rates of women in the labor force remain low, signifying a massive untapped potential for the global economy. A general perspective on employment also reveals a closer tie with the structural reforms for more and better employment opportunities, specifically at the national level. Better employment opportunities also present themselves as great facilitators for higher rates of growth.
With all of these aspects driving unemployment in mind, the B20 Turkey Employment Taskforce has discussed four focus areas in total, stated as follows:
- Skills mismatches in an era of rapid technological change and innovation
- Youth employment
- Female labor force participation and the quality of employment for women
- Business-friendly environments that generate employment opportunities
Distribution of Members
Schedule of Meetings
|26 February||Antalya||Kick Off Meeting|
|12 February||Teleconference||1st Task Force Teleconference|
|23 March||Teleconference||2nd Task Force Teleconference|
|16 April||Washington, D.C.||1st Joint Task Force Meeting|
|2 June||Paris||2nd Joint Task Force Meeting|
|1 July||Teleconference||3rd Task Force Teleconference|
|3-5 September||Ankara||B20 Conference|
|14-15 November||Antalya||B20 Summit|