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Country % of income of the richest 1% Albania 8.2 Algeria 9.7 Angola 15.2 Australia 9.1 Austria 9.3 Bahrain 18.0 Belgium 7.8 Benin 17.5 Bosnia and Herzegovina 8.9
Median income of people living in retired households increased by 1.1% (£300), while the median income of people living in non-retired households grew by 1.3% (£400). [ 2 ] In September 2023, Joseph Rowntree Foundation calculated that a single adult in the UK in 2023 needs at least £29,500 a year to have an acceptable standard of living, up ...
Women in the U.K. are four times less likely than men to be among the top 1% of earners in financial and professional ... Women occupy 19.4% of the top 1% highest finance and professional services ...
Income inequality in OECD countries is at its highest level for the past half century. The ratio between the bottom 10% and the top 10% has increased from 1:7 to 1:9 in 25 years. [18] There are tentative signs of a possible convergence of inequality levels towards a common and higher average level across OECD countries. [18]
More than one-quarter of all household wealth, 26.5%, belongs to the super rich, and their wealth is growing.
From 1992–2007 the top 400 income earners in the U.S. saw their income increase 392% and their average tax rate reduced by 37%. [39] In 2009, the average income of the top 1% was $960,000 with a minimum income of $343,927. [34] [40] [41] In 2007 the top 1% had a larger share of total income than at any time since 1928. [34]
According to a 2007 study by the US Treasury Department, Americans concerned over the recent growth in inequality (after-tax income of the top 1% earners has grown by 176% percent from 1979 to 2007 while it grew only 9% for the lowest 20% [4]) can be reassured by the healthy income mobility in America: "There was considerable income mobility of ...
This is a list of countries by employment rate, the proportion of employed adults at working age. The definition of "working age" varies: Many sources, including the OECD, use 15–64 years old, [1] but EUROSTAT uses 20–64 years old, [2] the United States Bureau of Labor Statistics uses 16 years old and older (no cut-off at 65 and up), [3] and the Office for National Statistics of the United ...