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Current Affairs provides you with the best compilation of the Daily Current Affairs taking place across the globe: National, International, Sports, Science and Technology, Banking, Economy, Agreement, Appointments, Ranks, and Report and General Studies
Context:
The International Labour Organization (ILO) has recently released the 4th edition of "Global Estimates on International Migrant Workers" report.
Key Findings of the Report
Migrant Workers in the Global labour force: As of 2022, international migrants constitute 4.7% of the global labour force, totalling approximately 167.7 million individuals.
Gender Distribution: Among migrant workers, 61.3% were men (102.7 million), and 38.7% were women (64.9 million).
Age Group: Most migrant workers (74.9%) were aged 25–54, highlighting the importance of this group in fulfilling global labor demands.
Regional Concentration: A significant portion of migrant workers is concentrated in high-income countries, which account for 68.4% of the total (114.7 million people).
Regional Trends: Europe and Central Asia host 34.5% of migrant workers (57.8 million).
Unemployment rate: In 2022, the unemployment rate for international migrants was 7.2%, compared to 5.2% for non-migrants.
Importance of service sector: Most employed international migrants were concentrated in the services sector.
Challenges Faced by Migrant Workers:
India’s initiatives to support international migrants:
Promoting Regular and Assisted Migration for Youth and Skilled Professionals (PRAYAS): Launched in 2023 by the International Organization for Migration (IOM) India in collaboration with MEA and the Indian Council of World Affairs (ICWA).
MADAD Portal: Launched in 2015 by MEA for consular support, grievance registration, and redressal for Indian students and workers abroad.
Overseas Workers Resource Centres: The Centre has been operational since 2008 and provides information to intending migrants and overseas workers on all aspects of overseas employment.
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