Global news from IZA World of Labor

Political and social debates on labor economic issues affect people around the world every single day. IZA World of Labor content provides evidence-based background information to help inform policy decisions. Our news summaries draw on a range of international sources to bring you selected news related to IZA World of Labor articles, videos, opinions, and topics.

News from IZA World of Labor

  • February 29, 2016
    The New York Times

    Key to unlocking women’s potential lies in reducing their time spent on housework

    Around the world women spend far more time on unpaid work—cooking, cleaning, caring for their family—than men, who spend more time in paid labor. Though essential for societies to operate effectively, this unpaid work is valued far less than paid work.

    Around the world women spend far more time on unpaid work—cooking, cleaning, caring for their family—than men, who spend more time in paid labor. Though essential for societies to operate effectively, this unpaid work is valued far less than paid work.

  • February 26, 2016

    Is unequal schooling to blame for US racial wage gap?

    A new study by the National Bureau of Economic Research finds that the extreme differences in the quality of schools attended by black and white students during the “Jim Crow” era of the 1940s catalyzed a large racial wage gap that still has not been closed in the contemporary US labor market.
    A new study by the National Bureau of Economic Research finds that the extreme differences in the quality of schools attended by black and white students during the “Jim Crow” era of the 1940s catalyzed a large racial wage gap that still has not been closed in the contemporary US labor market.
  • February 24, 2016

    Sharp rise in CEO pay could be countered by pay ratios

    The rate of CEO compensation has risen alarmingly quickly in recent years. According to the High Pay Centre, CEOs at major British companies earned roughly 15 times the average employee salary in 1980. 

    The rate of CEO compensation has risen alarmingly quickly in recent years. According to the High Pay Centre, CEOs at major British companies earned roughly 15 times the average employee salary in 1980. 

  • February 22, 2016

    Half of UK nurseries cannot afford more free childcare hours, finds study

    The UK government’s plan to double hours of free childcare is threatened by nursery funding shortfalls, warns the National Day Nurseries Association (NDNA).

    The UK government’s plan to double hours of free childcare is threatened by nursery funding shortfalls, warns the National Day Nurseries Association (NDNA).

  • February 19, 2016

    UK Labour Party considering universal basic income as part of its new economic policy

    John McDonnell, shadow finance minister, announced during a talk at the London School of Economics on Tuesday night that the Labour Party would not rule out unconditional pay for all members of society.

    John McDonnell, shadow finance minister, announced during a talk at the London School of Economics on Tuesday night that the Labour Party would not rule out unconditional pay for all members of society.

  • February 17, 2016

    Raising a child in the UK now more expensive than buying a house, analysis shows

    The cost of raising a child in the UK has risen to over £230,000, more than the cost of an average house, according to analysis by the Centre for Economics and Business Research (CEBR) and insurance firm Liverpool Victoria.

    The cost of raising a child in the UK has risen to over £230,000, more than the cost of an average house, according to analysis by the Centre for Economics and Business Research (CEBR) and insurance firm Liverpool Victoria.

  • February 15, 2016

    Young women in developing countries face difficulty entering labor market, says ILO report

    Being young and female presents a “double challenge” to finding a decent job in many developing countries, according to a new report from the International Labour Organization (ILO).

    Being young and female presents a “double challenge” to finding a decent job in many developing countries, according to a new report from the International Labour Organization (ILO).

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