Jan 29, 2009
“Slow or negative economic growth, combined with highly volatile prices, will erode the real wages of many workers, particularly the low-wage and poorer households. In many countries, the middle classes will also be seriously affected.” So concludes the International Labour Organization, the U.N. body that “is devoted to advancing opportunities for women and men to obtain decent and productive work in conditions of freedom, equity, security and human dignity.”
Their first Global Wage Report 2008/09, Executive Summary (.pdf, 4 pp., 63Kb) paints a bleak world picture for us wage slaves, and one which we would do well to anticipate and struggle against by lobbying our governments to establish living minimum wages and to secure and extend our rights to collective bargaining. Among the report’s conclusions and recommendations:
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