He created the term precariat to describe an emerging class of workers who are harmed by low wages and poor job security as a consequence of globalisation.

[5] The programme was responsible for a major report on socio-economic security worldwide[6] and for creation of the Decent Work Index.

[7] From April 2006 to February 2009, he held a position of Professor of Labour Economics, Monash University, Melbourne, Australia.

Standing describes the precariat as an agglomerate of several different social groups, notably immigrants, young educated people, and those who have fallen out of the old-style industrial working class.

[15] If politicians fail to take the necessary decisions, he predicts a wave of anger and violence,[16] and the rise of far-right parties.