Worsening economies threaten to undo gains against poverty – ILO

UN agency urges west to focus on helping developing world create more sustainable and better paid jobs, rather than just on aid

Worsening economic conditions in Asia, Latin America and the Arab world threaten to undo decades of progress in reducing global poverty, according to a report by the International Labour Organization.

The UN agency said a third of workers earn less than the "moderate poverty threshold" of $3.10 (2.10) a day and their prospects are deteriorating as global trade slows and low oil prices affect producers in developing countries.

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