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Universal Basic Income could benefit unemployed, raise lowest salaries
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Condivergence: Reskilling ourselves with a social narrative
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The fashion retail industry has been severely hit by the Covid-19 pandemic. High streets will be left unrecognisable as stalwarts such as Debenhams and Arcadia Group’s brands permanently shut their shops, with many others also expected to rationalise their store portfolios this year. But store losses also have a marked human cost.
Following Boohoo Group’s acquisition of Debenhams last month the etailer will retain none of its 12,000 staff – 77% of whom are female, the department store s website shows. The carving up of Arcadia, between Asos and Boohoo, also leaves another 5,000 staff redundant. Here 85% of store and 71% of head-office staff were female.
Pakistan needs to follow China s model to alleviate poverty--China Economic Net
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Overworked, Underpaid-That s Indian Employees For You, Says ILO Feb 28, 2021, 10:35 IST
Indian Employees are one of the most overworked people across the world and earn the lowest minimum statutory wage in the Asia-Pacific region, excluding Bangladesh, says International Labour Organization (ILO) report. India is positioned on the 5
th spot in the paper titled, Global Wage Report 2020-21: Wages and Minimum Wages in the Time of COVID-19 positions India on the 5th spot globally among countries with long working hours.
The study adds that amongst the Indian workforce, it s the well-paid workers, both salaried and self-employed, who work more. It notes that salaried workers in urban areas work more than their rural counterparts. The report states that the working hours in India can extend up to 48 hours a week adding that only Qatar, Mongolia, Gambia, and the Maldives have average working hours longer than in India.