{"id":1501480,"date":"2024-11-10T12:35:00","date_gmt":"2024-11-10T17:35:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1501480"},"modified":"2024-11-10T12:35:00","modified_gmt":"2024-11-10T17:35:00","slug":"low-wage-nations","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/low-wage-nations\/1501480\/","title":{"rendered":"Low-Wage Nations?"},"content":{"rendered":"

Low-Wage Nations?<\/span><\/p>\n

\n

According to data by the OECD,<\/a>\u00a0a quarter of\u00a0wage<\/a>\u00a0earners in the United Kingdom lag significantly behind median full-time earnings in their country. <\/strong>24.7 percent of Brits earned less than two thirds of gross median pay, qualifying them as low wage earners in OECD statistics.\u00a0<\/p>\n

But, as Statista’s Katharina Buchholz reports,<\/a> in the United States<\/a>, this number was not much lower at 22.7 percent.<\/strong> Another low-wage country identified in the figures was Israel.<\/p>\n

<\/a><\/p>\n

You will find more infographics at Statista<\/a><\/em><\/p>\n

In Poland and Germany, 18.5 percent and 16 percent, respectively, still earned low wage if following this definition.<\/strong><\/p>\n

Fewer low wage earners were found in France, Norway and New Zealand, with results in the single digits.<\/p>\n

While the United States did not report the incidence of high pay, Israel’s and the United Kingdom’s share there was also above average at 26.4 percent and 24.0 percent, respectively. <\/strong><\/p>\n

In the OECD on average, 21.9 percent of people earned high wages – 1.5 times the median gross pay or higher – while 13.5 percent earned low pay.<\/p>\n

Denmark was the only country with a higher share of low-wage earners<\/strong> – 9.8 percent – than high-wage earners – 2.5 percent (among those reporting both figures).<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nSun, 11\/10\/2024 – 07:35<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/personal-finance\/low-wage-nations<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Low-Wage Nations? According to data by the OECD,\u00a0a quarter of\u00a0wage\u00a0earners in the United Kingdom lag significantly behind median full-time earnings in their country. 24.7 percent…<\/p>\n","protected":false},"author":0,"featured_media":1501481,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1501480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1501480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1501480"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1501480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1501481"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1501480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1501480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1501480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}