The latest authoritative report from the International Labor Organization shows that we have been badly underestimating just what big business this evil is, generating a shocking $150 billion profit per year.
Child labour is a global problem that needs a response from all sides. This means measures to help reduce poverty, improve education, enforce laws, improve employment prospects for adults and ensure there are no benefits in employing children under working age.
Two years ago, commemorating International Domestic Workers Day on June 16, governments, labor unions and employers' associations voted overwhelmingly to create global labor standards to help promote the rights of the 50 to 100 million domestic workers worldwide.
In China, artificial flowers, bricks, Christmas decorations, coal, cotton, electronics, fireworks, footwear, garments, nails and toys are all known to be produced by forced labor. And China is far from being the only country on the list.
Since Europe has by far the largest banking system in the world, the eurozone crisis is also a significant drag on growth and employment throughout most of the world, and could easily do more damage if it is not resolved.
The Chilean miners are being viewed as heroes, but some disagree with this characterization. Many in the labor movement complain that news accounts have ignored the poor treatment of workers by the mining company,