EU Sources - Persistence of large income inequalities - November 30, 2017

A draft 2018 Joint Employment Report by the European Commission, which uses data from 2016 and early 2017, reveals that income inequality has slightly decreased in the EU, after increasing in the aftermath of the crisis. The richest 20% of the population had a disposable income that was around five times higher than that of the poorest 20% in 2016, with large disparities across countries (and an increase in inequality in some). The persistence of relatively large income inequalities, often linked to unequal opportunities in access to education, training and social protection, and reflecting poor labour market outcomes, raises concerns in terms of fairness, social inclusion and sustainable growth. Spain, Greece, Bulgaria and Lithuania face a ‘critical situation in terms of income inequality’ according to the report.

Read on: in English …

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