The International Labour Organization (ILO) recently issued World of Work 2008: Income inequalities in the age of financial globalization (full text, pdf, 1.4 MB). According to the report, income inequality grew dramatically in most regions of the world over the past decade and is expected to increase due to the current global financial crisis. The cost of the financial and economic crisis will be borne by people who haven’t shared in the benefits of recent growth.

UN Pulse Permanent Link: World of Work 2008