This week's LIO is all about UN SDG #8, the promotion of sustainable and inclusive economic growth and decent work for all. According to the UN, “sustainable and inclusive economic growth can drive progress, create decent jobs for all and improve living standards.” They define decent jobs a “opportunities for everyone to get work that is productive and delivers a fair income, security in the workplace and social protection for families, better prospects for personal development and social integration”.
Even before COVID-19, it was projected that 1 in 5 countries were likely to see a decline in per capita income in 2020, exacerbating existing poverty and inequality. The pandemic only further worsened this unfortunate reality. In 2019, 22% of the world's youth were not participating in either education, employment or training. One of the goals of this SDG is to achieve full and productive employment for all men and women by the year 2030 - including work for young people, persons with disabilities, and equal pay for work of equal value!
The activities outlined below to introduce students to many concepts of the global economy such as trade, social entrepreneurship, and addressing some of the various issues that exist in our global supply chain.