Workers in poor countries have never had it so good

TWO decades ago the extremely poor accounted for more than a third of all workers in developing countries, around 750m people. Today their numbers have halved. The fastest-growing group are those considered “middle class”: they now represent 40% of the labour force in poor countries. Our chart, based on a report released today by the International Labour Organisation (ILO), shows the degree to which workers’ prospects have improved. “For the first time in history, over the next several years, most new jobs in the developing world are likely to be of sufficient quality to allow workers and their families to live above the equivalent of the poverty line in the United States,” states the ILO. Yet the progress is not evenly spread. Most middle-class job growth occurs in Latin America, east Asia and central and southern Europe. Across south Asia and sub-Saharan Africa most growth is expected among the “near poor”—those at the fulcrum between middle class and poverty.