WUNRN
FALLING FORMAL ECONOMY WAGE SHARE
& RISING INCOME INEQUALITY - STUDY
PROTRACTED & COMPOUNDED FOR
WOMEN + ISSUES OF WOMEN IN THE INFORMAL ECONOMY
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Wage-Led
Growth - An Equitable Strategy for Economic Recovery
This new ILO book shows that the growing gap between the rich and the poor is only partially associated with technological change. The divide is mostly the result of economic and institutional policies that preceded the global economic and social crisis and were exacerbated by it.
This
original and extensive study examines the causes and consequences associated
with the falling wage share and rising inequality in income distribution,
relating to both aggregate demand and labour productivity.
From ILO Report on Global Employment
Trends for Women - BELOW:
Women
face particular challenges both in terms of the sectors in which they wish to
work as well as the conditions they work under. Promoting gender equality and
empowering women is vital to achieving decent work for all and finally stamping
out the discrimination that has plagued labour markets."
Direct Link to Full 4-Page ILO 2014
Report EXECUTIVE SUMMARY:
Offered in English, French, and
Spanish
Review
by Sangheon Lee, ILO Senior Economist - 28 January 2014
When more
than 2,500 of the world’s business and political leaders met in Davos in
January, many saw the growing gap between rich and poor as the biggest threat
to the global economy.
Over the last 20 years, income distribution has shifted in favour of the rich,
while the relative income position of the poor and of much of the middle class
was deteriorating in most countries, including global economic powers such as
the United States, Germany and China.
According to the new ILO book, “Wage-led
growth: An equitable strategy for economic recovery”, this trend
is only partially associated with technological change.
The main reason workers are getting a smaller share of national income are
policies over the last 30 years that have distributed income in favour of
capital and against labour. What is called the labour income share began to
fall around the 1980s in many advanced economies, including the United States
and Japan, and a similar trend has been observed in recent years in emerging
countries, notably China.
In addition, this smaller share of labour income was distributed more and more
unequally between workers – with striking results.
The new book portrays a rather depressing but familiar picture. For the
advanced countries, the labour income share on average has decreased by about
10 percentage points from the peak level of the late 1970s. Yet this significant
reduction hides even wider income inequality, as the top 1 per cent of earners
are included in the labour income share. If the top 1 per cent were not taken
into account, the share the ordinary workers get would fall by another 2 to 6
percentage points......
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----- Original Message -----
From: WUNRN
ListServe
To: WUNRN ListServe
Sent: Wednesday, March 27, 2013 10:21 AM
Subject: ILO - 2012 Global Employment Trends for Women
WUNRN
ILO - International Labour
Organization
http://www.ilo.org/global/publications/books/forthcoming-publications/WCMS_190354/lang--en/index.htm
ILO - 2012 GLOBAL EMPLOYMENT TRENDS FOR
WOMEN
Link to 8-Page Summary:
Link to Full 71-Page Report:
Women face particular challenges both in terms of the
sectors in which they wish to work as well as the conditions they work under.
Promoting gender equality and empowering women is vital to achieving decent
work for all and finally stamping out the discrimination that has plagued
labour markets. This publication considers a wide variety of quantitative data
collected from around the globe, organizing it into a format that projects the
causes and effects of gender-related employment trends. It also analyses policy
considerations that affect gender and employment.
The Global Employment Trends for Women 2012 report focuses on the gender
dimensions of labour underutilization and gender inequalities. As the global
jobs crisis continues unabated, the report analyses trends in employment
opportunities and the extent of unemployment, but it is also concerned with
developments in employment quality. To this end, the report analyses recent
trends and gender gaps in different employment categories, including sectoral
and occupational segregation in labour markets. It also illustrates the main
factors at the household level that influence female labour market outcomes,
presents examples of good practices and highlights key policy areas for
reducing gender-based inequalities around the world.
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