We are witnessing the collapse of a moral contract. While some regions have seen some modest gains, the world is veering dangerously off track, leaving the poorest and more vulnerable behind.
The top-paid CEOs across four countries enjoyed a 9 percent pay hike in 2022, while workers’ wages fell 3.19 percent during the same period, reveals new analysis from Oxfam ahead of International Workers’ Day (1 May).