In 2014, the US economy added more jobs than in any year since the 1990s. In fact, this longest streak of job growth on record has persisted into 2015. Inflation-adjusted wages are up by 1.4% annually over the last two years, more than twice the pace of the last recovery. But this is still not enough to make up for decades of subpar gains for middle-class families–a challenge shared by many other OECD economies.
Consistent careers are a hallmark of a successful retirement. However, too often, workers are called away from employment to care for loved ones, both young and old. Without adequate government or employer protections, workers risk losing valuable years of prime income earning and retirement contribution potential, while being paid nothing to take care of sick or disabled family.
For years now we have been underlining the toll that inequality takes on people’s lives. And I am proud of the contribution that the OECD has made in recent decades, putting inequality at the heart of the political and economic debate. This report proposes concrete policy solutions to promote opportunities for more inclusive growth.
The gap between rich and poor keeps widening. Growth, if any, has disproportionally benefited higher income groups while lower income households have been left behind. This long-run increase in income inequality not only raises social and political concerns, but also economic ones. It tends to drag down GDP growth, due to the rising distance of the lower 40% from the rest of society. Lower income people have been prevented from
Lorsque vous pensez au revenu de votre foyer, vous estimez-vous riche, pauvre ou dans la moyenne ? La plupart d’entre nous n’ont aucune idée ou se trompent sur leur situation par rapport au reste de la population. Mais ici, en 10 clics, vous pourrez voir combien de ménages sont mieux ou moins bien lotis que vous et confronter votre vision d’un monde idéal à la réalité.
Eléments d'information sur la distribution des revenus et sur la pauvreté dans les pays de l’OCDE pour le milieu des annés 80, sur la base de données corrigées d’une grande partie des paramètres qui handicapent les comparaisons transnationales et intertemporelles dans ce domaine.
Today the OECD unveils its Better Life Index (BLI) in Italian. The BLI is an interactive online platform that offers important insights into how people perceive their own well-being and quality of life. For the first time, Italians will be able to access this instrument in their own language and find out how Italy compares to 35 other countries around the world across 11 dimensions of well-being.
Alcoholic beverages, and their harmful use, have been familiar fixtures in human societies since the beginning of recorded history. Worldwide, alcohol is a leading cause of ill health and premature mortality. It accounts for 1 in 17 deaths, and for a significant proportion of disabilities, especially in men. In OECD countries, alcohol consumption is about twice the world average. Its social costs are estimated in excess of 1% of
The recent riots in Baltimore following the death of Freddy Gray bring a tragic focus, once again, on inequality. Maryland’s largest city, Baltimore is a perfect laboratory to study it, thanks in part to the superb comparative statistics the city keeps. OECD Insights Blog.
English, PDF, 405kb
Three out of four OECD countries use minimum wages, and supporting low-wage earners is widely seen as important for promoting inclusive growth. This policy brief considers three aspects that are central for a balanced assessment of policy choices: The cost of employing minimum-wage workers, their take-home pay, and the number of workers affected.