wages grew globally at the slowest rate in a decade from the outbreak of the financial crisis, according to the world report of wages published yesterday by the International Labour Organization (ILO). The global rise of the real wages (adjusted for inflation) slowed in the past year, going from 2.4% in 2016, 1.8% in 2017, its lowest level since 2008, according to Reuters.
“It has Poker been increasingly recognised the need to monitor the trends of wages and implementing wage policies sustainable, to address the stagnation of these (…) and to strengthen the consumer as a fundamental pillar of a sustainable economy”, says the ILO director-general Guy Ryder.
The UN agency notes that the differences in wages between the sexes persist at a level “unacceptable”. Women continue to earn approximately 20% less than men. In the past 20 years, average real wages have almost tripled in the emerging and developing economies of the G20, but have risen only 9% in the advanced.
