Labor Force Profile by Income Groups in 2021: A Detailed Study

A study conducted in 2021 presents a percentage distribution of worker types engaged in various economic activities across different income groups.

These figures, based on estimates from the International Labour Organization (ILO), provide an in-depth look at the dynamics of the labor market and the educational needs therein.

Labor Force Profile in Low-Income Countries:

• Highly Skilled Workers in Public Sector: 62%
• Highly Skilled Workers in Other Sectors: 13%
• Informal Workers' Rate: 92%
• Low-Wage Workers: 56%
• Female Labor Force Rate: 44%

These data indicate that in low-income countries, a majority of highly skilled workers are concentrated in sectors such as public administration, education, health, and social services.

The extremely high rate of informal workers, along with low wages and the female labor force rates, highlights economic disparities in these countries.

Labor Force Profile in Lower-Middle-Income Countries:

• Highly Skilled Workers in Public Sector: 67%
• Highly Skilled Workers in Other Sectors: 31%
• Informal Workers' Rate: 87%
• Low-Wage Workers: 40%
• Female Labor Force Rate: 31%

While there is an increase in the rate of highly skilled workers in lower-middle-income countries, informal employment remains widespread.

The rates of low wages and the proportion of women in the workforce point to structural issues within developing economies.

Labor Force Profile in Upper-Middle-Income Countries:

• Highly Skilled Workers in Public Sector: 58%
• Highly Skilled Workers in Other Sectors: 55%
• Informal Workers' Rate: 55%
• Low-Wage Workers: 22%
• Female Labor Force Rate: 42%

Upper-middle-income countries show a more balanced distribution in the labor market, with the rates of highly skilled workers being similar in the public sector and other sectors.

The rate of informal employment and low-wage workers is decreasing, while the female labor force rate is on the rise.

The Role of IIENSTITU Courses in Your Career Journey

These statistics reveal the variability of the labor market and the importance of skills necessary for career development.

Continual learning and self-improvement are crucial for securing highly skilled jobs and earning higher wages.

IIENSTITU’s training programs can help you enhance your skills in various fields such as business management, coaching, human resources, and personal development, Mini-MBA course, aiding you in achieving your career goals. IIENSTITU guides you on this journey with quality course programs.

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