Is my paycheck increasing?

Last week brought us unemployment and GDP numbers for the US. This week I though I would take a look at the global economy and highlight the work of the International Labour Organization (ILO). Today they issued an update to the Global Wage Report. The news is not all rosy, in fact, "'the picture on wages is likely to get worse in 2009' regardless of other economic indicators suggesting an economic rebound. The report notes that in half of the 35 countries for which figures are available, real monthly wages fell in the first quarter of 2009 compared to their average of 2008, often due to cuts in hours worked" (ILO press release).

While the report does a nice job of outlining the wage situation, there are some other ILO sites you might want to check out on this issue.

• Wages This is the collection of data, press releases and reports on the international wage situation. I especially like the Minimum Wage database, which outlines the laws regarding minimum wages in 100 countries.
• Global Job Crisis Observatory The changes in unemployment and wages are important factors to watch over on the international stage as we work towards economic recovery. This site brings together all the various news reports and regional/international materials on jobs.

Want to look at more labor numbers? Okay, then go check out the library's guide.