ILO: Income inequality higher in recent years

ABS-CBN News

Posted at Jan 24 2020 04:39 PM

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A new report from the International Labor Organization (ILO) shows that global income inequality could be higher than previous estimates.
The ILO's World Employment and Social Outlook Report reveals that while labor income inequality at the global level has declined over the past 15 years, inequality within countries stagnated over the same period. Christian Viegelahn, labour economist at ILO, says more than 630 million workers worldwide still live in poverty as a result.