Global Wages Decline; U.S. Income Gap Worst of Developed Countries

Joanne98

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Wed Nov-26-08 08:13 AM
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Global Wages Decline; U.S. Income Gap Worst of Developed Countries

The global economic crisis will lead to deep cuts in the wages of millions of workers worldwide in the coming year, according to a report published today by the International Labor Organization (ILO). Meanwhile, wage inequality in the United States between the top 10 percent and bottom 10 percent income brackets is the highest of any developed economy.

http://blog.aflcio.org/2008/11/25/global-wages-decline-us-income-gap-worst-of-developed-countries/

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