At the recently held G20 Labor and Employment Ministerial Meeting held in May 17 and 18 in Jalisco, Labor and employment ministers of G20 countries agreed to develop government policies which will create quality jobs for youths and boost green growth for sustainable development.
Mexican Labor Minister Rosalinda Velez Juarez said at the closing ceremony of the meeting held in the Mexican city of Guadalajara,” It is recognized by all ministers that we have an important role in promoting quality jobs. In the current economic climate, it is undeniable that young people have been hit hard by the crisis of employment, so we agreed to reinforce our commitment to them, by promoting employability, equal opportunities, entrepreneurship and the creation of jobs especially for young people.”
She also pointed out that through Mexican government’s efforts 600,000 jobs were created in 2011 which kept the national unemployment rate pegged below 5%. Till the end of April, 2012, 340,000 more jobs had been created.
All the visiting ministers agreed that the Green Growth is the need of the hour and sustainable economic growth is the way to reduce the widening social inequalities and generate more jobs.
Mexican Felipe Calderon also spoke at the event. He said that the first priority is to promote structural reforms to boost the competitiveness and productivity of the economies, which can also generate sustainable jobs. He also emphasized promotion of free trade and criticised trade protectionism.
He also mentioned that infrastructure development, sustainable development and education are vital for job creation.