ILO pinpoints considerable slowdown in rate of real wage growth. - The global economic and financial crisis has provoked considerable slowdown in the rate of real wage growth at an international level, according to the International Labour Organisation (ILO) in its “Global Wages Report 2010/11”. On the basis of official national statistics from 115 countries and territories, the ILO estimates that average monthly wage growth fell by 2.8% before the crisis in 2007 to 1.5% in 2008 and 1.6%...