The ILO Report on Forced Labour Profits
The ILO
Report on Forced Labour Profits:
Forced labor
remains a pervasive issue impacting millions globally, as highlighted in a
recent study by the
International Labour Organization (ILO) unveiled in Geneva. The report
reveals that forced labor generates illicit profits amounting to $36 billion
annually, marking a 37% surge since 2014. This escalation is attributed to both
the rise in forced labor instances and increased gains from victim
exploitation.
Key
Discoveries:
Criminal
entities amass $236 billion yearly in illicit profits from forced labor within
the private sector.
The surge in
illegal profits amounts to an additional $64 billion (a 37% increase) compared
to 2014.
Traffickers
and perpetrators now garner nearly $10,000 per victim, a notable rise from
$8,269 a decade ago.
In 2021,
an estimated 27.6 million individuals were trapped in forced labor on any
given day.
Forced
commercial sexual exploitation contributes to 73% of the overall illegal
profits.
Regional
Distribution of Illicit Profits:
The
report outlines the regional distribution of annual illicit profits from forced
labor:
Europe
and Central Asia:
$84 billion
Asia and
the Pacific: $62
billion
The
Americas: $52
billion
Africa: $20 billion
Arab
States: $18 billion
Response
from the ILO Director-General:
Expressing
grave concern over the deteriorating scenario, ILO Director-General Gilbert
Houngbo emphasized, "Forced labor perpetuates cycles of poverty and
exploitation, striking at the core of human dignity. It's evident that the
situation has worsened." Houngbo urged swift international action to
combat this injustice, protect workers' rights, and uphold principles of
fairness and equality.
Methodology:
The study
employed surveys among various worker groups, including Indians in Saudi Arabia
and Qatar, to compile data and insights on forced labor. Covering statistics
for 2021, the report offers a comprehensive analysis of the economics
surrounding forced labor.
Impact on
Victims:
Forced labor
inflicts severe harm on victims, perpetuating cycles of destitution and
exploitation. The report underscores the pressing need for collective
international action to eradicate this injustice and safeguard the rights of
workers.
Key Exam
Facts:
Founded in
1919, the ILO is the oldest specialized agency under the United Nations.
With 187
member states, the ILO
is committed to advancing social justice and universally recognized human
and labor rights.
As the sole
tripartite U.N. agency, it unites governments, employers, and workers'
representatives to formulate policies promoting Decent Work for all.
Awarded the Nobel Peace Prize in 1969, the ILO was recognized for its efforts in advancing peace and social justice.
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