Wage and Hour Laws
Wage and Hour Laws
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Global Wage Report 2024-25: Is wage inequality decreasing globally?
Global Wage Report 2024-25: Is wage inequality decreasing global…
Nov 28, 2024
ilo.org
18 reactions · 4 comments |  Global Wage Report 2024-25: • Wage inequality ↓ in 2/3 countries since the beginning of the 21st Century • Real wage growth has turned positive in recent years after negative growth recorded in 2022. • Persistent gender & formal-informal wage and labour income gaps More from International Labour Organization: hLps://ow.ly/XLmQ50Ugx8t | United Nations Department of Economic and Social Affairs (DESA) | Facebook
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18 reactions · 4 comments |  Global Wage Report 2024-25: • Wa…
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Global Wage Report 2024-25: - Wage inequality⬇️ in 2/3 countries...
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The new ILO Global Wage Report reveals that after negative real wage growth in 2022, wages have now outpaced inflation, with real wage growth of: 📈 1.8% in 2023 📈 2.7% in 2024 This recovery comes after the global cost-of-living crisis, which still impacts many workers and their families. What’s driving this shift? And what does it mean for the future of labour markets? 📖 Find out here: https://ilo.org/gwr2024-25 | International Labour Organization
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