Worsening economies threaten to undo gains against poverty – ILO

By Phillip Inman Economics correspondent

UN agency urges west to focus on helping developing world create more sustainable and better-paid jobs rather than just on aid

Worsening economic conditions in Asia, Latin America and the Arab world threaten to undo decades of progress in reducing global poverty, according to a report by the International Labour Organisation. The UN agency warned that a third of workers earned less than the “moderate poverty threshold” of $3.10 (£2.10) a day, and many were in precarious jobs without basic social protections such as healthcare and welfare benefits.

It urged governments in the developed world to focus on improving the quality of jobs in the developing world, rather than just on aid, to create more sustainable and better paid employment.

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Read more here:: The Guardian – Global Development