Labour income stagnated since 2019, primarily due to Covid and technological upgradation: ILO

Labour income stagnated since 2019, primarily due to Covid and technological upgradation: ILO

The International Labour Organisation Wednesday said that the labour income share has stagnated since 2019, due to Covid and technological upgradation, putting upward pressure on inequality and a large share of youth remains out of employment, education or training. The global labour income share represents the portion of total income earned by workers. In its … Read more

22.8 million work suffer occupational injuries, 18,970 die every year globally due to excessive heat wave: ILO

22.8 million work suffer occupational injuries, 18,970 die every year globally due to excessive heat wave: ILO

Excessive heat results in an estimated 22.85 million occupational injuries, 18,970 deaths and 2.09 million disability-adjusted life years (DALYs) every year with large numbers of workers in Americas, Africa, the Middle East and India suffering from irreversible kidney failure due to high temperatures, the International Labour Organisation said. Nations need to create climate change-specific occupational … Read more

India plans to shift from minimum wage to living wage by 2025

India plans to shift from minimum wage to living wage by 2025

New Delhi: India is preparing to replace the minimum wage with living wage by 2025 and has sought technical assistance from the International Labour Organization (ILO) to create a framework for estimating and operationalising these, ET has learnt. Living wages – a minimum income necessary for a worker to meet their basic needs, factoring in … Read more

Illegal profits from forced labour up by 37% in last 10 years to $236 billion per year: ILO

Illegal profits from forced labour up by 37% in last 10 years to 6 billion per year: ILO

Forced labour in the private economy generates $236 billion in illegal profits per year with the total amount of illegal profits from forced labour rising by $64 billion or 37% since 2014, the International Labour Organization (ILO) said on Tuesday. “This is a dramatic increase that has been fuelled by both a growth in the … Read more