Labour

Global labour income share declines putting upward pressure on inequality, SDG targets not on track According to the International Labour Organization, the widening gap between labour and capital income and the challenges facing young people in the job market are worrying. In its newly-released World Employment and Social Outlook: September 2024 Update, the International Labour Organization (ILO) finds upward pressure on inequality as the labour income share stagnates and a large share of youth remains out of employment, education or training. The report indicates slow progress on key Sustainable Development Goals (SDGs) as the 2030 deadline approaches. The study reveals that…