Wage growth falls for the first time in more than 20 years

Available for over a year

Wage growth has fallen by 1 percent for the first time since the start of the 21st century. The International Labour Organization has found that wages around the world are falling significantly as a result of inflation, with low and middle-income households hit the hardest. It’s calling for countries to increase the minimum wage across the board, and for there to be more help such as vouchers for those households who are really struggling.