APESO

Asia-Pacific Employment and Social Outlook 2024: Promoting decent work and social justice to manage ageing societies

This Asia-Pacific Employment and Social Outlook 2024 report pulls together the most recent statistics to depict the state of the labour market and its impact on the 3.4 billion people living in the region. Beyond past trends, the report examines the implications of population ageing for labour markets and society.

With Asia and the Pacific being the fastest ageing region in the world, labour force participation rates and economic dependency ratios are projected to change significantly by 2050. The ensuing economic, financial and social challenges are exacerbated by persistent decent work deficits such as insufficient social protection, a high incidence of low labour incomes, gender inequality and age discrimination. Addressing these deficits is fundamental to successfully manage ageing societies and requires concerted action by workers, employers and governments.