Global Wage Report 2012/13
07 December 2012
Productivity is growing worldwide but wages are not keeping pace. That’s one of the conclusions of the Global Wage Report by the International Labour Organization. The report also confirms a continuing trend: employees in developing and emerging economies are earning more than they were before the global economic crisis began while workers in richer, developed countries are seeing their pay stagnate or even decline.
World Teachers Day
05 October 2012
Teachers face severe challenges in different parts of the world and are still under pressure to produce results. As the profession marks World Teachers Day, two teachers working thousands of miles apart tell their stories.
News item
10 August 2012
Cutting wages tends to increase competitiveness but can also hurt economic growth as it decreases domestic consumption, the International Labour Organization has warned.
Video News Release
15 December 2010
The global economic crisis has cut wage growth worldwide in half. That’s one conclusion of the ILO’s Global Wage Report. When people have less to spend, businesses suffer, and they in turn have to look at ways to cut costs, wages, and even jobs. But in Germany’s tightly run manufacturing sector, employees and employers worked together with the government to protect jobs and maintain wage levels during the darkest days of the crisis.
Video interview
15 December 2010
With the launch of the ILO's Global Wage Report 2010/2011, ILO TV interviews Manuela Tomei, Director of the ILO Conditions of Work and Employment Programme (TRAVAIL). Based on an analysis of wages in 115 countries, the report says the financial and economic crisis cut global wage growth by half in 2008 and 2009. The increasing discrepancy between low-wage and high-wage earners has had a deleterious effect on consumption worldwide. The interview highlights how several national recovery schemes and measures have worked to buffer wage stagnation and avoid lay offs, thus hastening a sustainable economic recovery.