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8.a Increase Aid for Trade support for developing countries, in particular least developed countries,

including through the Enhanced Integrated Framework for Trade related Technical Assistance to Least
Developed Countries
8.b By 2020, develop and operationalize a global strategy for youth employment and implement the

Global Jobs Pact of the International Labour Organization.
Aside from the UN database (UN, 2022c), Eurostat (2022b) and World Bank (2022) collect data on
Economy and Finance, and other relevant indicators in this area. Targets and indicators are
summarized in Table 2. The first ten targets are denoted by numbers, while the remaining two are
denoted by letters and refer to the means of implementation.

Table 2: Overview of Targets of SDG 8

Specific targets Means of implementation

1. Economic growth 6. NEET reduction a. Aid for Trade
2. Economic growth per 7. Eradication of forced labor b. Strategy for youth
employed employment

3. Formal economy 8. Work safety

4. Sustainable consumption 9. Sustainable tourism
and production
5. Equal job opportunities 10. Financial inclusion

Sourcej: UN (2022b), Global indicator framework for the Sustainable Development Goals and targets of
the 2030 Agenda for Sustainable Development
Although the global economy began to recover in 2021, with an improvement in the
unemployment rate, the recovery is still weak. The speed of recovery also varies significantly
across regions, countries, sectors, and labor market groups. While developed economies are

experiencing a stronger recovery, the LDCs struggle with weak growth and job losses. The crisis
hit the hardest women, young people, and people with disabilities. The conflict in Ukraine is
expected to seriously set back global economic growth in 2022, create many market shocks, and
lead to more job losses. Additional significant challenges include rising inflation, supply chain
disruptions, policy uncertainties and labor market challenges, as well as child labor practices,
where 1 in 10 children are engaged in child labor worldwide (160 million total children in 2020).

● Case studies and examples of good practice

• Nguyen, T. (2017). Sustainable Economic Growth for the Workforce. Bechtel
Corporate. https://www.bechtel.com/blog/sustainability/november-2017/sustainable-
economic-growth/
• IOM-Microsoft Collaboration Enables Release of Largest Public Dataset to Bolster
Fight Against Human Trafficking - World. (2021). ReliefWeb.

https://reliefweb.int/report/world/iom-microsoft-collaboration-enables-release-
largest-public-dataset-bolster-fight
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