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Rising inflation, falling wages threaten increased poverty and unrest: ILO

Rising inflation, falling wages threaten increased poverty and unrest: ILO

Dec 02, 2022, at 05:15 pm

New York: Rising inflation has caused a striking decline in real monthly wages in many countries, the International Labour Organization (ILO) said in a report published on Wednesday, highlighting the urgent need for policies to prevent further poverty, inequality and social unrest.