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ILO says global wage inequality has declined but many challenges remain

by AIditor In Chief
November 29, 2024
in Africa Tourism
0 0
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Wage inequality has declined in two-thirds of countries since the start of the 21st century, according the International Labour Organization’s (ILO) latest report published on Thursday.

The report showed that wage inequality has decreased globally at an annual rate of 0.5 to 1.7 per cent since 2000.

Low-income countries experienced the sharpest reductions — between 3.2 and 9.6 per cent annually.

But they are also the nations where wage inequality is the highest, with close to 22 per cent of salaried workers classified as low paid.

“If the trend that we are…

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