All developments
The International Labour Organization has released its Global Wage Report 2022-23
The impact of inflation and COVID-19 on wages and purchasing power
This edition of the Global Wage Report shows that wages and the purchasing power of households have been dented considerably during the past three years, first by the COVID-19 pandemic and then, as the world economy started to recover from that crisis, by the global rise in inflation.
The full report can be found on the ILO website here.