Economics

Covid-19 Is Driving Down Wages and Women Are Worst Hit, ILO Says

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The pandemic is depressing wages, with International Labour Organization data showing the brunt is being borne by women and the lowest paid.

Average pay in Japan, South Korea and the U.K. came under pressure in the first half of the year. Wages in Brazil, Canada, France, Italy and the U.S. rose on balance, but chiefly because job losses were concentrated among the least well-paid, according to the ILO’s Global Wage Report 2020-21.