Globally, about one in five people in jobs live in poverty. A key reason lies in how global supply chains are organised. From agriculture to tourism, many jobs are embedded in systems that keep wages low, even as they generate value for international markets.
This has brought renewed urgency to the living wage debate. In 2024, the International Labour Organisation (ILO) formally endorsed general principles for defining and calculating living wages across different national contexts, including guidance on wage-setting and implementation. Living wages are pay for work that is high enough for the worker and their family to sustain a decent life.