According to the Global Wage Report 2018-19 published by International Labour Organization (ILO), Women are paid the most unequally in India, compared to men, when it comes to hourly wages for labor.
On average, women are paid 34% less than men. This gap in wages, known as the gender wage gap, is the highest among 73 countries. Overall, real wages grew just 1.8% globally (136 countries) in 2017. In real terms (adjusted for price inflation), global wage growth declined to 1.8% in 2017, from 2.4% in 2016.
Source: The Business Standard
Static/Current Takeaways Important For IBPS Clerk Mains Exam 2018:
- The ILO is a United Nations agency dealing with labour issues, particularly international labour standards, social protection, and work opportunities for all.
- It was established in 1919 as an agency of the League of Nations and is headquartered in Geneva, Switzerland.
- India is a founder member of the ILO.
- At present, it has 187 members.