OECD Home › Social and welfare issues › By Country › United States
The enduring idea that the rising tide of economic growth lifts all boats is no longer a universal truth. In the US, even before the Great Recession, the poorest were steadily losing ground. Between 2000 and 2012 the average disposable income of the bottom 10% in the US fell by 14%, underlined the OECD Secretary-General.
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The most effective policy tool kit to address high inequalities and to extend opportunities is one that combines education and job training measures, policies to boost job creation, and reforms to make the tax and benefit system and public services more efficient.
The global economic crisis has had a profound impact on people’s well-being, reaching far beyond the loss of jobs and income, and affecting citizens’ satisfaction with their lives and their trust in governments, according to a new OECD report.
There is no simple remedy for fixing the post-crisis global economy. But three key ingredients for sustainable long-term growth are jobs, equality and trust, said OECD Secretary-General in Washington.
Income inequality and relative poverty in the United States are among the highest in the OECD and have substantially increased over the past decades. These developments have been associated with a number of other worrying statistics, including low intergenerational social mobility and weak real income growth for many households.
Although job creation has improved, since the end of the 2007-08 recession, the effects of the recession on the labour market remain severe.
Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.
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This country note provides information on latest trends in income inequalities as well as key findings from the 2011 OECD report "Divided We Stand: Why Inequality Keeps Rising".
Poverty in households with children is rising in nearly all OECD countries...
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This note highlights the most pressing issues on families and children in the United States, as discussed in the OECD publication Doing Better for Families.