Sweden - Growing wealth gap driven by capital income - February 28, 2017

A survey has exposed the country's growing wealth gap, with the number of houses in the middle-income bracket in the country falling in all but four of its municipalities between 2011 and 2015. Experts explained that the growing gap is being driven by earnings from capital, rather than a change in wages. The importance of capital income – mostly concentrated at the top end of wealth distribution – has increased. At the same time, the social security system has not followed general wage developments, which means that those at the lower part of wealth distribution lag behind. However, in terms of wage distribution – which is closely tied to the still relatively centralised collective wage negotiation model – things have hardly changed.

English: http://www.thelocal.se/20170216/swedens-wealth-inequality-exposed ...     

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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