ILO Report on Forced Labour Profits

ILO Report on Forced Labour Profits mind map
Recent News
Global launch
Profits and Poverty
The Economics of Forced Labour
Estimates profits generated from forced labour
Published in March 2024
Economic growth not beneficial for all
Increase in forced labour and trafficking
21 million in forced labour
Men, women and children
Trafficked, debt bondage, slave-like conditions
Builds on earlier ILO studies
Supply and demand sides of forced labour
Correlation between forced labour and poverty
Updated estimates of global profits
Socio-economic factors
Vulnerability to forced labour
Poverty, lack of education, illiteracy, gender, migration
Chapter overview
Chapter 1
Forced labour understanding and definition
Reviews global forced labour estimates
Chapter 2
Profits from forced labour
New and expanded methodology
Chapter 3
Analysis of socio-economic factors
Household vulnerability to income shocks
Risk factors increasing vulnerability
Global perspective
International Labour Organization (ILO)
Standardized data collection methods
Development of robust strategies
Strengthening of laws and policies
Expansion of preventive measures
Attention to private sector forced labour
Need for comprehensive measures
Involvement of governments, workers, employers, stakeholders
Socio-economic root causes
Difficulties in data collection and analysis
Way Forward
Address socio-economic causes
Eradicate forced labour
Collaborative efforts to end forced labour

The ILO Report on Forced Labour Profits, released in March 2024, reveals the staggering reality of 21 million individuals trapped in forced labour globally, generating substantial illegal profits. This comprehensive study builds on previous research, highlighting the intricate relationship between forced labour and poverty. It presents updated profit estimates and delves into the socio-economic factors that predispose individuals to such exploitation, including poverty, lack of education, and migration. The report underscores the urgent need for a multifaceted approach involving governments, businesses, and other stakeholders to address the root causes of forced labour and to implement effective prevention and eradication strategies.

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