Bank notes of different currencies, including Euro, US dollar, Turkish lira or Brazilian reais, are photographed in Frankfurt in this illustration released May 28, 2017. — Reuters pic
“The wages of women and low-paid workers have been disproportionately affected by the crisis,” indicated the report on global wage trends unveiled by ILO Director-General Guy Ryder and economist Rosalia Vazquez-Alvarez. Taking an average of 28 European countries, the report found that, without taking state wage subsidies into account, salaries had slipped 6.5 per cent — with the average impact 8.1 per cent for women and 5.4 per cent for men.
“If we are going to build a better future we must also deal with some uncomfortable questions about why jobs with high social value, like carers and teachers, are very often linked to low pay.”
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.