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ILO: Wage Growth Remains Below Pre-Crisis Level

The International Labor Organization's newest research shows real wage growth in developed economies is flat and global wage growth is mainly due to emerging economies. The report says global wage growth is one percent below the 3 percent rate experienced before the global economic crisis of 2008. It says wage growth has slowed to nearly zero in the developed economies in the last two years. In contrast, emerging economies, like China and other Asian nations, are...

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