World Employment and Social Outlook
- On 4th September, 2024, the ILO's World Employment and Social Outlook: September 2024 Update warned of increasing inequality due to stagnant labour income.
- The ILO report links the decline in global labour income to the rise of AI and automation, which have boosted productivity but reduced the share of income earned by workers.
- The report emphasizes that without robust policy responses, inequality will worsen as automation continues to drive down labour's share of income.
- The report highlights the slow progress on Sustainable Development Goals, particularly SDG 10, aimed at reducing inequality within and among countries.
- ILO urges nations to adopt policies that ensure fair ....
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