Tayo Fashoyin
International Labour Office, Industrial and Employment Relations Department1
Abstract
Globalization has led to significant changes in the world of work, resulting in fundamental effects on the forms and patterns of work and a growing population of precarious and nonregular workers. Globalization has also given rise to widening income inequality, with the rich becoming richer and the poor becoming poorer. Negative effects such as these have been observed in developing but also in the advanced market economies, including the United States, the world’s largest economy, where labour law protection has long been criticized as inadequate. The present global economic crisis has created adverse effects on jobs, further worsening the employment prospects of the poorest and most vulnerable groups in most countries.