Sunday, September 20, 2009

Grim Figures on Plight of Workers in Poorer Nations

The New York Times reports on the effects of the global recession on poor workers:

"As many as 222 million workers run the risk of joining the ranks of the working poor, earning less than $1.25 a day, according to an estimate by the International Labor Organization.

¶Remittance flows, which reached $328 billion in 2008, will drop by 7.3 percent in 2009, the World Bank predicts.

¶Hunger rates are up in every region in the world, according to the Food and Agriculture Organization.

There are also figures for how many people would be viewed as living below the poverty line, with the report suggesting it will be more than 1.3 billion people, up by more than 100 million in 2009...."

Published: September 17, 2009 New York Times

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