2025 Social Summit: New Social Contract for Full Employment and Decent Work

On the Road to the 2025 Social Summit: A New Social Contract with Universal Social Protection and Full Employment and Decent Work for all Wednesday, February 8, 2023 - 1:15 pm 3:00 pm EST Side Event of the 61st Session of the Commission for Social Development Veronika Wodsak, ILO Social Protection Policy Specialist and USP2030 secretariat

4 4 integrated integrated dimensions of dimensions of decent decent work work - - - - - - Enabling macroeconomic environment Promoting entrepreneurship Labour market Enabling environment for enterprises Fair wages Skills development Full and productive employment - Labour law and institutions Promoting social dialogue and involvement of social partners - - - - - - - - Freedom of association Abolition of Forced Labour Elimination of Child Labour Non-discrimination Labour standards Safety at work Fair working conditions Promotion of social dialogue Rights at work Decent Work Social protection - - - Adequacy of protection Comprehensiveness of protection along the life cycle Income security and access to health care and other services Sustainable financing Covering all members of society - -

Older persons 27.1 Vulnerable persons covered by social assistance 9.3 Social Protection Social Protection coverage gaps by gaps by region region and life cycle coverage and and life cycle risk and coverage coverage risk Population covered by at least one social protection benefit 64.3 Children 57.4 Mothers with newborns 51.9 Americas Persons with severe disabilities 71.8 Workers in case of work injury 57.4 Unemployed 16.4 Older persons 88.1 Vulnerable persons covered by social assistance 36.7 Population covered by at least one social protection benefit 46.9 Population covered by at least one social protection benefit 40.0 Children Children 26.4 15.4 * Arab States Mothers with newborns Mothers with newborns 44.9 12.2 Persons with severe disabilities Persons with severe disabilities 7.2 33.5 World Workers in case of work injury Workers in case of work injury 63.5 35.4 Unemployed 8.7 * Unemployed 18.6 Older persons 24.0 Older persons 77.5 Vulnerable persons covered by social assistance 32.2 Vulnerable persons covered by social assistance 28.9 Population covered by at least one social protection benefit 44.1 Population covered by at least one social protection benefit 17.4 Asia and the Pacific Children 18.0 Children 12.6 Mothers with newborns 45.9 Mothers with newborns 14.9 Persons with severe disabilities 21.6 Africa Persons with severe disabilities 9.3 Workers in case of work injury 24.8 Workers in case of work injury 18.4 Unemployed 14.0 Unemployed 5.3 Older persons 73.5 Older persons Vulnerable persons covered by social assistance 27.1 25.3 Vulnerable persons covered by social assistance 9.3 Population covered by at least one social protection benefit Europe and Central Asia 83.9 Children Population covered by at least one social protection benefit 82.3 64.3 Mothers with newborns 83.6 Children 57.4 Persons with severe disabilities 86.0 Mothers with newborns 51.9 Americas Workers in case of work injury 75.5 Persons with severe disabilities 71.8 Unemployed 51.3 Workers in case of work injury 57.4 Older persons 96.7 Unemployed 16.4 Vulnerable persons covered by social assistance 64.4 Older persons 88.1 Vulnerable persons covered by social assistance 0 20 40 60 80 100 36.7 % of the population group Population covered by at least one social protection benefit 40.0 Children 15.4 * Arab States Mothers with newborns 12.2 Source: World Social Protection Report 2020-2022 Persons with severe disabilities 7.2 Workers in case of work injury 63.5

The right to social protection The right to social protection generates generates social social returns returns Improved education outcomes Higher levels of protection NATIONAL SOCIAL SECURITY NATIONAL SOCIAL SECURITY Improved health and nutrition outcomes SYSTEM SYSTEM Empowerment of vulnerable groups Increased gender equality NATIONAL SOCIAL PROTECTION FLOOR: nationally defined basic social security guarantees Reduction of poverty and inequalities access to a set of goods & services constituting essential health care including maternity care basic income security for children providing access to nutrition, education, care and any other necessary goods and services basic income security for persons in active age unable to earn sufficient income basic income security for persons in old age Reduction of child labour Increased resilience

Social protection contributes to inclusive growth Social protection contributes to inclusive growth Investment in social protection Supports crisis response and structural Supports crisis response and structural change change Stabilizes aggregate consumption consumption Stabilizes aggregate Macroeconomic stability and Macroeconomic stability and social cohesion social cohesion Promoting productive employment and entrepreneurship entrepreneurship Promoting productive employment and Supports structural change Inclusive growth Allows people to take more risky decisions decisions Allows people to take more risky Higher income security Supports structural change and just transitions Facilitates search for jobs matching Facilitates search for jobs matching individual skills individual skills Preserving human Preserving human capital capital Higher productivity productivity Higher Higher utilization of health services when necessary (including prevention) Effective access to health care Better health Better health status status Source: ILO World Social Protection Report 2014/15

Creating virtuous cycles of development Creating virtuous cycles of development New focus on the economic argument for social protection Investment in social protection Realizing human rights Inclusive economic growth, more fiscal space Healthier and better educated population Promoting decent employment and inclusive growth Ensuring social justice and peace More decent employ- ment Higher productivity 6

Universal social protection as a core of a New Social Contract thank you for your attention!