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SDG 8: Decent Work and Economic Growth


                  SDG 8 is concerned with inclusive and sustainable economic growth and decent work. Each year
                  the global unemployment rate continues to rise, and the situation has worsened with the onset of
                  the COVID-19 pandemic and the Ukraine crisis. Without decent work, people are exposed to the
                  risks many other SDGs covers, such as poverty, hunger, unsatisfactory living conditions, and

                  losing good health. The purpose of this Goal is to stimulate economic growth  through higher
                  productivity and technological innovation. Promoting policies that encourage entrepreneurship
                  and the creation of new jobs are key here, as well as effective measures to eradicate forced labor,
                  slavery, and human trafficking. This subchapter looks at 12 targets and provides a current outlook
                  on economic growth and equal work opportunities.

                      ●  Targets, means of implementation and data
                  The eighth  goal reads:  “Promote sustained,  inclusive, and sustainable economic growth, full and
                  productive employment and decent work for all“, and is supported by 12 targets as follows:

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

                  8.2 Achieve higher levels of economic productivity through diversification, technological upgrading and
                  innovation, including through a focus on high-value added and labor-intensive sectors
                  8.3  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
                  8.4 Improve progressively, through 2030, global resource efficiency in consumption and production
                  and endeavor to decouple economic growth from environmental degradation, in accordance with the

                  10-Year  Framework  of  Programs  on  Sustainable  Consumption  and  Production,  with  developed
                  countries taking the lead
                  8.5  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.

                  8.6 By 2020, substantially reduce the proportion of youth not in employment, education or training
                  8.7 Take immediate and effective measures to eradicate forced labor, end modern slavery and human

                  trafficking  and  secure  the  prohibition  and  elimination  of  the  worst  forms  of  child  labor,  including
                  recruitment and use of child soldiers, and by 2025 end child labor in all its forms
                  8.8 Protect labor rights and promote safe and secure working environments for all workers, including
                  migrant workers, in particular women migrants, and those in precarious employment

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

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


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