Global Wage Report: 2009 Update

The present report is an update of the Global Wages Report 2008/09 released in November 2008. While a comprehensive assessment will be provided in the next full Global Wage Report in 2010, the present update already provides some indications of wage trends up to the second quarter of 2009 in a number of countries around the world.

Global growth in real wages slowed dramatically in 2008 as a result of the economic crisis and is expected to drop even further in 2009 despite signs of a possible economic recovery, according to the ILO's 2009 Update of the Global Wage Report. The report also notes that in 2008 half of the 86 countries for which data is available– including major economies such as the U.S., Russia, Japan and Brazil - have increased minimum wages by more than inflation figures.