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SDG 8: Decent Work and Economic Growth

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This goal is to promote inclusive and sustainable economic growth, employment and decent work for all. ALmost half the world’s population still lives on the equivalent of about US$2 a day and in too many places, having a job doesn’t guarantee the ability to escape from poverty. This slow and uneven progress requires us to reconsider and tool our economic and social policies aimed at eradicating poverty.

an erosion of the basic social contract underlying democratic societies: that all must share in progress are led by a continued lack of decent work opportunities, insufficient investments and under-consumption. Creating quality jobs will remain a major challenge for almost all economies well beyond 2015.

Societies to create the conditions will be required by sustainable economic growth that allows people to have quality jobs that stimulate the economy while not harming the environment. For the whole working age, population are requiring job opportunities and decent working conditions.

Here are the details of SDG8 Decent Work and Economic Growth according to the United Nations.

Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 percent gross domestic product growth per annum in the least developed countries

Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value-added and labour-intensive sectors

Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services

Improve progressively, through 2030, global resource efficiency in consumption and production and endeavour to decouple economic growth from environmental degradation, in accordance with the 10-year framework of programmes on sustainable consumption and production, with developed countries taking the lead

By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value

By 2020, substantially reduce the proportion of youth not in employment, education or training

Take immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labour, including recruitment and use of child soldiers, and by 2025 end child labour in all its forms
Protect labour rights and promote safe and secure working environments for all workers, including migrant workers, in particular, women migrants, and those in precarious employment

By 2030, devise and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products

Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all

Increase Aid for Trade support for developing countries, in particular, least developed countries, including through the Enhanced Integrated Framework for Trade-Related Technical Assistance to Least Developed Countries

By 2020, develop and operationalize a global strategy for youth employment and implement the Global Jobs Pact of the International Labour Organization

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Sample data sets in Hong Kong: SDG8 Decent Work and Economic Growth

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