COVID-19 driving wages down, new ILO report finds

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COVID-19 driving wages down, new ILO report finds

GENEVA, Switzerland - A new report by the International Labour Organization (ILO) has found that monthly wages fell or grew more slowly in the first six months of 2020, as a result of the coronavirus pandemic in two-thirds of countries for which official data was available, and that the crisis is likely to inflict massive downward pressure on wages in the near future.

Source: Jamaica Observer: Jamaican News Online – the Best of Jamaican Newspapers - JamaicaObserver.com

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