Asian Development Bank - Fighting Poverty in Asia and the Pacific
What's New  |   e-Notification  |   Sitemap  |   Contact Us  |   Help

Social Protection

Home : Topics : Social Protection : Labor Markets

News and Events
Frequently Asked Questions
Social Protection Strategy

Labor Markets
Guidelines
Resource Materials
Projects
Social Insurance
Social Assistance
Micro-and Area-Based Schemes
Child Protection

Publications
Links
Contact Us


Labor Markets

Work is the poor's main source of earning. Understanding labor markets is essential to reduce poverty and ensure inclusive labor absorption and efficient development patterns. Improving labor market operations is also an important element of strategies to develop human capital, address gender discrimination, and enhance welfare and productivity.

Labor market interventions:

  • Active labor market programs include
    • direct employment generation - promoting small and medium enterprises, public works
    • labor exchanges or employment services - job brokerage, counseling - linking supply with demand for labor
    • skills development programs - training and retraining of labor

  • Passive labor market policies include
    • unemployment insurance
    • income support
    • an appropriate legislative framework that strikes a balance between economic efficiency and labor protection including safe working conditions, minimum wages, social security contributions, and other labor standards

Read the summary on ADB's committment to Core Labor Standards [ PDF: 150kb | 2 pages ].

Cross-border labor migration is an increasingly important labor market issue for Asian countries. It is important to make sure that sufficient legal frameworks exist for protecting rights of migrant workers while reducing irregular migration. ADB addresses safe migration by reducing vulnerability to human trafficking risks among migrating population.

______________________________

Guidelines
Resource Materials
Projects

See ADB Social Protection Projects, 1997-2003: Labor Markets for a list of ADB projects with labor markets components.