U.N. agency: Wages stagnant in many countries

12/10/2012 | Los Angeles Times (tiered subscription model)

Globalization, the spread of technology and the decline of labor unions are combining to suppress wages for workers in rich and poor nations alike, according to a report by the U.N.'s International Labor Organization. Wages have stagnated or fallen despite gains in worker productivity, the report said, resulting in "a smaller piece of the pie for workers."

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