Is inequality increasing in the UK?
According to last week’s report on pay distribution by the European Foundation for the Improvement of Living and Working Conditions (Eurofound), the UK has the most unequal wages in the EU. Furthermore, the level of inequality has risen since the early 2000s.
It looked at full-time equivalent pay, compared using Purchasing Power Parity, across the EU. The results show that the UK has one of the most polarised pay distributions (my emphasis):
[T]he most interesting aspect of Figure 1 for the purposes of this report is the way each bar has been broken down by Member State. This makes it possible to see how the distribution of wages in each Member State contributes to overall EU wage distribution. The bottom 20% is to a large extent dominated by eastern European Member States, which have only a very limited presence in mid to high wage levels. Still, it…
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