Work-Related Illnesses And Accidents Cost EU €476 Billion Annually

 Work-related illnesses and injuries cost €476 billion a year in the EU and €2,680 billion a year worldwide, according to new global estimates.

Work-related accidents and injuries cost €476 billion a year in the EU and €2,680 billion a year worldwide, according to new global estimates.

According to findings released by the European Agency for Safety and Health at Work (EU-OSHA) together with the International Labour Organization, cancer accounts for over half of all work-related deaths. In most European countries, work-related cancer accounts for the majority of costs (€119.5 billion or 0.81 per cent of the EU’s GDP).

Circulatory diseases are responsible for 24 per cent of work-related deaths, and, surprising as it may seem, injuries at work only account for two per cent of the work-related deaths .

Every year 123.3 million DALY (disability-adjusted life years) are lost globally, of which 67.8 million are accounted for by fatalities and 55.5 million by disability, the findings revealed.

“Safe and healthy work is a fundamental human right but these new estimates of the costs of poor or non-existent OSH measures show that the economic case for OSH has never been stronger,” said Director of EU-OSHA Christa Sedlatschek. “Work-related ill-health and injury are costing the European Union 3.3 per cent of its GDP. That’s €476 billion every year which could be saved with the right occupational safety and health strategies, policies and practices.”

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