Gap Between Rich and Poor is Growing Worldwide
Economic inequality is growing in the world’s richest countries, particularly in the United States. The gap between rich and poor has widened over the last 20 years in nearly all the countries studied. The United States has the highest inequality and poverty rates in the organization after Mexico and Turkey, and the gap has increased rapidly since 2000. France, meanwhile, has seen inequalities fall in the past 20 years as poorer workers are better paid. Wealthy households are not only widening the gap with the poor, but in countries such as the United States, Canada and Germany, they are also leaving middle-income earners further behind.
Tags: Economy, France, inequality, Mexico, poverty, Turkey, United States