UNISONActive is an unofficial blog produced by UNISON activists for UNISON activists. Bringing news, briefings and events from a progressive left perspective.

Monday, 9 July 2012

The rapidly changing world of work

A new study by the McKinsey Global Institute confirms the remarkable expansion taking place in the global workforce. In 2010 the number of workers worldwide was 2.9bn compared to 1.7bn in 1980. By 2030 the total will have risen to 3.5bn with China and India being the main centres of economic development. Pressures on workers' living standards in advanced (western) economies will continue to intensify - between 1980 and 2010 workers' share of overall income fell by 7% - a result of rising corporate profits and declining wages - leading to growing income and wealth inequality: