“Labour market integration measures for Ukrainian refugees also need to be strengthened. It also demanded a continued focus on decent jobs and social protection to support the labour markets in Ukraine and other countries affected by the ongoing conflict. “The set of policy tools to combat multiple crises needs to be widened through social dialogue, which would include: (a) interventions in setting prices for public goods (b) rechannelling windfall profits (c) strengthening income security through social protection (d) increasing income support to maintain the purchasing power of labour income and (e) targeting support to the most vulnerable people and enterprises,” the ILO suggested. The monitor said excessive policy tightening was causing undue damage to jobs and income in both advanced and developing countries. The report warned that unemployment and inequality were set to rise because of multiple and overlapping economic and political crises and urged the governments to adopt comprehensive, integrated and balanced policies to address not only inflation but also its “broader implications” for employment, enterprises and poverty. Working with its Member States, the ILO seeks to ensure that labour standards are respected in practice, as well as in principle.The global labour market will deteriorate further due to the conflict between Ukraine and Russia and other crises such as the impact of the pandemic and the economic slowdown, according to the tenth edition of the International Labour Organisation (ILO) Monitor on the world of work released in Geneva on Monday. The ILO is the global body responsible for drafting and overseeing international labour standards. In 1946 it became the UN's first specialised agency, with as main objectives to promote rights at work, encourage decent employment opportunities, enhance social protection and strengthen dialogue concerning work-related issues. The ILO was founded in 1919, in the wake of World War I, to pursue a vision based on the premise that universal, lasting peace can only occur if based on the decent treatment of working women and men.

Its stated mission is to advance opportunities for women and men to obtain decent and productive employment in conditions of freedom, equity, security and human dignity. The International Labour Organization, abbreviated as ILO, is the only tripartite United Nations (UN) agency that brings together governments, employers and workers of its member states in common action to promote decent work worldwide.

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