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While most of the absolute increase in this global labor supply consisted of less-educated workers (those without higher education), the relative supply of workers with higher education increased by about 50 percent during the same period. [4] From 1980 to 2010, the global workforce grew from 1.2 to 2.9 billion people.
The minimum wage set by the government for 2025 is $470 per month without social benefits. Workers receive mandatory 13th and 14th salaries, paid vacations and reserve funds equal to an additional salary after one year of continuous work. [85] 7,124: 11,679. 40 3.43: 5.61. 103.9 % 1 Jan 2025 Egypt
Gross average monthly wages cover total wages and salaries in cash and in kind, before any tax deduction and before social security contributions. They include wages and salaries, remuneration for time not worked, bonuses and gratuities paid by the employer to the employee.
Workers in the highest-paid 25%—those making $79,500 or above—had the largest drop in hours worked. The lowest-paid, on the other hand, are working more. View this interactive chart on Fortune.com
It went from less than $1.6 trillion in 1984 ($4.8 trillion in 2024 dollars) to more than $35.5 trillion today, which should concern every American and is plenty of reason to make any effort to ...
Another important factor is the extent to which part-time work is widespread, which is less common in developing countries. In 2017, the Southeast Asian state of Cambodia had the longest average working hours worldwide among 66 countries studied. Here, the working time per worker was around 2,456 hours per year, which is just under 47 hours per ...
If you earn $25 per hour, paid sick leave for those 8.5 work days means you earn $1,700 for hours you weren’t working. Factoring Holiday Hours There are currently 10 government holidays, and 74% ...
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