Germany - Two reports on growing inequality and income poverty - January 01, 2017

The forthcoming fifth government Report on Poverty and Wealth indicates that more and more citizens are either very rich or very poor. The rich are getting richer, and the poor are getting, if not necessarily poorer, then more numerous. The report won't be published until early 2017, but preliminary details have been leaked to various newspapers. 4.17 million citizens - some 6.1% of the population - are heavily in debt, and pay in the low-wage sector by no means kept pace with the national average. The number of homeless people went from 223,000 in 2008 to 335,000 in 2014. Some 5.6% of the population are now officially classified as poor, and around one-fifth of the populace is threatened by poverty. Another report of the Cologne Institute for Economic Research Poverty (IW) stresses that it is not just a question of how much money an individual makes, but also what he or she can actually buy with it. The researchers looked into relative income poverty, defined as earning less than 60 percent of the median income. They also calculated the purchasing power residents have in different regions and cities.

English: http://www.dw.com/en/latest-figures-show-poverty-increase …   

The IW report (in German): http://www.iwkoeln.de/presse/pressemitteilungen …  

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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