International Labor Organization - ILO

Filed Under » ,
Dictionary Says

Definition of 'International Labor Organization - ILO'

A United Nations agency that strives to serve as a uniting force between governments, businesses and workers to “promote decent work throughout the world.” The organization was founded on the belief that peace in the workplace is essential to prosperity; it emphasizes the need for workers to enjoy “conditions of freedom, equity, security and human dignity” through their employment. 

For nearly 100 years, the ILO has promoted international labor standards through its field offices in Africa, Latin America and the Caribbean, the Arab States, Asia and the Pacific, and Europe and Central Asia. The organization provides training on fair employment standards, provides technical cooperation for projects in partner countries, analyzes labor statistics and publishes related research, and regularly holds events and conferences to examine critical social and labor issues. The ILO was awarded the Nobel Peace Prize in 1969.
Investopedia Says

Investopedia explains 'International Labor Organization - ILO'

The ILO has 18 themes that drive its work:

• Child labor
• Decent work
• Economic and social development
• Employment promotion
• Employment security
• Equality and discrimination
• Forced labor
• Freedom of association and the right of collective bargaining
• HIV/AIDS
• Individual sectors and industries
• Labor law
• Labor migration
• Safety and health at work
• Skills, knowledge and employability
• Social security
• Workers and employers organizations, tripartism and social dialog
• Working conditions
• Youth employment  
Search results for

'International Labor Organization (ILO)'

  • The German ILO: Why It Matters To Traders

    http://www.investopedia.com/articles/forex/10/german-ilo-release.asp
    ... ILO is an acronym for the International Labor Organization, a specialized agency
    of the United Nations that has sought, since its founding and adoption by the ...
  • Overseas Investing No Protection Against Downturn

    http://www.investopedia.com/articles/economics/08/overseas-investing.asp
    ... Exchange Rates.) In a 2003 report, Dirk Belau of the International Labor Organization
    points out ... The ILO is reporting that there are now 50 million fewer jobs ...
  • The Dark Side Of The WTO

    http://www.investopedia.com/articles/economics/dark-side-of-the-wto.asp
    ... by developed nations to have labor effects – job ... the natural market forces of
    international trade ... support - will likely continue to support the organization. ...
  • What Are Economies Of Scale?

    http://www.investopedia.com/articles/03/012703.asp
    ... stem from inefficient managerial or labor policies, over ... of scale, and consequently,
    international trade and ... held outside World Trade Organization (WTO) meetings ...
  • The Basics Of Tariffs And Trade Barriers

    http://www.investopedia.com/articles/economics/08/tariff-trade-barrier-basics.asp
    ... industries complaining about cheap foreign labor, and how ... What Is The World Trade
    Organization?) Since the ... minors in both French and International Relations. ...
  • An Introduction To Complementary Currencies

    http://www.investopedia.com/articles/economics/11/introduction-complementary-currencies.asp
    ... According to the "International Journal of Community Currency Research ... the US,"
    according to the organization that runs ... equals one hour of basic labor or $10.00 ...

Related Articles

Trading Center
Partner Links