July 2024

Korea to launch population ministry to address low birth rates, aging population

Korea will launch a new ministry of population strategy to address low birth rates and a rapidly aging population, which have emerged as some of the starkest challenges facing the country, officials said Monday. The government unveiled the plan following high-level meetings with the ruling party, saying that a revised government organization act will be proposed within July for the launch of the ministry. Once established, the new ministry will focus on strategy and planning for demographic issues, such as low...

June 2024

Discrimination and Barriers to Well-Being: The State of the LGBTQI+ Community in 2022

By Caroline Medina & Lindsay Mahowald LGBTQI+ people and other “sexual and gender diverse”1 people experience structural and interpersonal discrimination that adversely affects their well-being and drives disparate outcomes across crucial areas of life.2 The current patchwork of nondiscrimination laws in states across the country and existing gaps in federal civil rights laws leave millions of LGBTQI+ people without protection from discrimination.3 The Biden-Harris administration, since the beginning of its tenure, has taken numerous actions across executive agencies to bolster nondiscrimination protections in...

LGBTQ+ people still face discrimination and economic inequality. These policies could help.

By Emma Ockerman LGBTQ+ people have long been subjected to economic inequality, including higher poverty rates, a greater likelihood of experiencing homelessness, and lower median earnings. Though economic policies that would broadly uplift low-income people and workers in the U.S. — including access to better-paying jobs, a higher minimum wage, paid family and medical leave, paid sick days, child-care support, and quality healthcare — would similarly benefit LGBTQ+ people who might lack such resources, experts and advocates say, LGBTQ+ people face the additional burden of...

LGBTQ+ workers are paid 16% less than their peers, study finds

While “a record number of non-LGBTQ Americans support equal rights for the LGBTQ community,” according to a 2023 study from GLAAD, workers who identify as part of the LGBTQ+ community still face workplace discrimination and a wage gap, a new study has found. The majority (63%) of the 2,000 LGBTQ+ workers surveyed by writing platform EduBirdie said they have been discriminated against in the workplace and 45% said they have been passed over for a promotion due to their identity. These...

UK. ‘I don’t know how I’m going to work until I’m 67’

With the general election fast approaching, many people are thinking about what changes they would like to see from the next government. Pensions and retirement age are two issues people are focused on, and voters in Somerset have spoken to the BBC as part of the Your Voice Your Vote campaign. Doug Workman, a 63-year-old builder from Chilcompton, near Radstock, wants the retirement age to be lowered as he is finding it "more difficult" to physically manage at work. "I don't know how...

LGBT Workers in the Labor Market

By Caroline Medina, Lindsay Mahowald & Rose Khattar The COVID-19 pandemic and ensuing economic crisis resulted in significant hardship for people across the country: Tens of millions of people lost their jobs, unemployment rates increased, and economic activity declined. To mitigate these economic impacts, federal policymakers enacted multiple relief bills, including the American Rescue Plan Act. These investments shortened the recession in the wake of the pandemic and have helped propel a historic economic recovery resulting in the most jobs...

The United States will need 7 million migrants to cover old age support programs for baby boomers

The immigration crisis has become a recurring theme in social gatherings and political debates, and is the main issue of the U.S. presidential election. Amid this discussion, one certainty stands out: while it’s well known that migrants have a need to live in the United States, a study has highlighted that the country needs them too. Twenty percent of U.S. workers were not born in the United States, and it is expected that in the near future more than seven million more migrants...

Economic & Budgetary Projections for the EU Member States (2022-2070)

By Directorate-General for Economic and Financial Affairs European Economy Institutional Papers are important reports analysing the economic situation and economic developments prepared by the European Commission's Directorate-General for Economic and Financial Affairs, which serve to underpin economic policy-making by the European Commission, the Council of the European Union and the European Parliament. Views expressed in unofficial documents do not necessarily represent the views of the European Commission. Get the report here

Navigating the UAE’s updated pension regulations

The United Arab Emirates (UAE) has recently undergone a comprehensive reform of its legislative framework. It aims to address shifts in the work environment and align UAE relations with international best practices. The most recent and radical change to the pensions landscape is the implementation of a new pensions law, UAE Federal Decree Law No. 57 of 2023 (the 2023 Law). Discrepancy on effective date The 2023 Law was officially published on October 2, 2023. This legislation represents the most substantial...

Ghana. Organised Labour demands complete restructuring of SSNIT

Organised Labour is demanding an amicable resolution to the usage of workers’ funds by the Social Security and National Insurance Trust (SSNIT). According to Organised Labour, the recent actions and inaction of SSNIT leave much to be deserved. The Executive Secretary of the Civil and Local Government Staff Association of Ghana (CLOGSAG), Dr. Isaac Bampoe-Addo, said Organized Labour will be in a better position to manage its pensions than SSNIT. “We are not convinced, and we tell them [SSNIT] in plain language...