Jayati Ghosh

The political roots of falling wage growth

It's now official: workers around the world are falling behind. The International Labor Organization's (ILO) latest Global Wage Report finds that, excluding China, real (inflation-adjusted) wages grew at an annual rate of just 1.1 percent in 2017, down from 1.8 percent in 2016. That is the slowest pace since 2008.

5y ago
December 13, 2018
December 13, 2018

The political roots of falling wage growth

It's now official: workers around the world are falling behind. The International Labor Organization's (ILO) latest Global Wage Report finds that, excluding China, real (inflation-adjusted) wages grew at an annual rate of just 1.1 percent in 2017, down from 1.8 percent in 2016. That is the slowest pace since 2008.

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