Persistent signals of weakness in labor sector worldwide

Unemployment rates are persistently high, wages are low and inequity in salaries are some of the signals which show the existing difficulties.
The growth in salaries decelerated since 2012 in the world, passing from 2.5 to 1.7 percent in 2015, its lowest level in four years, showed a recent report of the International Labor Organization (ILO).
If China, where salaries grew at a more accelerated pace than in any other part of the world, were not included, the growth rate of world salary would be lower, passing from 1.6 to 0.9 percent, according to the report.
Among the emergent and developing countries that form the G20, the rise of real salary passed from 6.6 percent in 2012 to 2.5 percent in 2015, stated ILO.
On the other hand, growth in wages in developed countries increased from 0.2 points in 2012 to 1.7 percent in 2015, the highest rate of the last 10 years.
According to Deborah Greenfield, Joint Director General of olicies of the ILO, "in an economic context in which a lesser demand gives way to lower prices, the reduction of salaries could be the cause of great worry, as it could boost the pressure on deflation".
The Organization also warned about the inequity by pointing that in most of the countries, wages rise gradually in the salary scale and they increase drastically for the higher 10 percent of the population, and even more for one percent of the highest paid employees.
In Europe, 10 percent of the best-paid workers receive on average 25.5 percent of the salaries paid to all employees in their respective countries, which is almost the same received by 50 percent of the worst paid, she exemplified.
Also, inequality of the incomes is more pronounced for women.
In that context, the organism belonging to the United Nations system, emphasized the importance of the minimum salary and the collective negotiation.
She also referred to measures which include to regulate or selfregulate the salaries of executives, promote the productivity of the sustainable enterprises and face the factors leading to inequality among workers, both men and women.

PL/MNA