Workers see dramatic fall in share of global income: UN
Wednesday, 4 September 2024
The UN's International Labour Organization states that the global labour income share has fallen by 1.6% since 2004, causing a $2.4 trillion annual shortfall for workers. This decline, intensified by the Covid-19 pandemic, highlights rising inequality and underscores the need for policies to ensure fair economic distribution.
The UN's International Labour Organization states that the global labour income share has fallen by 1.6% since 2004, causing a $2.4 trillion annual shortfall for workers. This decline, intensified by the Covid-19 pandemic, highlights rising inequality and underscores the need for policies to ensure fair economic distribution.
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