Source: World Employment Social Outlook 2017 from the International Labour Organisation (ILO). You can find the chart in the Appendix C!
The developing middle class is defined by the International Labour Organisation (ILO) as people earning 5-13 US$ per day. At the turn of the Millenium the number for people in that group stood at about 350 million and reached roughly 1 billion in 2017. As a share of total employment that’s an increase from around 20% – 37%, all while the total population rose by 1.3 billion!
Why this overwhelmingly positive data together with the charts from my last post are hidden in the appendix of the ILO report, is a mystery to me! What I also cannot understand is the fact that despite all this progress, there is barely a positive word about the rise of employment, drop in unemployment rate, decrease in working poor etc. It is almost as if people are afraid to mention anything positive, because they’re afraid people might get lazy and lose their motivation do keep going and make positive changes! As if negativity and despair are better motivators than hope and encouragement gained from actual data on progress…..
Featured image courtesy of nguyenkhacqui via Pixabay.com