Middle Class Burgeoning in Developing Countries

The International Labour Organization has said that workers in developing countries are increasingly moving to better jobs and joining the middle class. However, 839 million workers still earn less than (Dollar) 2.00 a day. "The developing countries are generally in a process of catching up with the advanced economies," ILO chief Guy Ryder told reporters in Geneva ahead of the release of the agency's annual World of Work Report on Tuesday. Between 1980 and 2011, ...