Tag: real wage growth
Inflation Causes Global Wages To Decline For First Time In 21st Century
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07 Apr 2023
Rising inflation has caused an alarming fall in real monthly wages in many countries, including the US, Canada, and the UK. According to the 2022-23 Global Wage Report by the International Labour Organization, global real monthly wages fell globally for the first time in the 21st century. The -0.9% decline represented the first decline in […]