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Modern-day slavery: Forced labor generates $150 billion a year in illegal profits

Forced labour in the global private economy generates illegal profits of $150bn (£89bn) a year – three times more than previously thought – according to a report that lays bare the lucrative scale of the exploitation faced by millions of people trapped in modern-day slavery, coerced employment and trafficking. The study, by…

You’d be surprised at how poor the new ‘middle class’ is in the developing world

The International Labour Organisation has identified a rapid growth of ‘the developing middle class’ – a group earning between $4 and $13 a day When a million people swarmed on to the streets of Brazil last June there was consensus that the protest was a phenomenon of the “new middle…

Euro crisis ‘could lead to social unrest’

BERLIN — The eurozone debt crisis could lead to a decade-long recession and rising social unrest, the International Labour Organisation (ILO) has warned, according to a German media report on Sunday. “The next few months will be decisive in terms of avoiding a dramatic decline in employment and a further…

Cambodians rally against widespread child labor

PHNOM PENH — Hundreds of Cambodian school children marched through the country’s capital on Sunday to mark the World Day Against Child Labour, waving banners calling for an end to the widespread practice. The demonstration was organised by the International Labour Organisation (ILO) and the Cambodian government, who have set…

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