The percentage of people living in poverty has increased in the Organization for Economic Cooperation and Development (OECD) countries. The OECD is an organization where the governments of 34 democracies with market economies work with each other, as well as with more than 70 non-member economies to promote economic growth, prosperity, and sustainable development.
In a recent report, the OECD looked at income inequality and I thought I would look at people who are seniors (over 65) and teenagers and adults (non-seniors) in the United States, Canada the UK and Australia to see how we compare. As you can see from the following chart, the rate of Canadian Seniors living in poverty is 9.9%, Great Britain 13.5%, the United States 20.6% and Australia 25.7%. So Canada looks good, but if you examine the trend line you see that in the United States it is flat, in Great Britain, and Canada the trend line is up and in Australia the trend line is down.
In the 18-65-year-old group, the trend line in the United States, Canada is down, while the trend line for Australia is flat while the trend line for the United Kingdom is up.
Trend lines show that the conditions for seniors in Canada and Great Britain may get worse, while seniors in Australia look like they are moving to a better place.
Income Inequality at any age can lead to problems for the country and of course for the individuals that are living in poverty. So in many countries at this time of year, many people need your help. Please support your local food bank, if you can.
In a recent report, the OECD looked at income inequality and I thought I would look at people who are seniors (over 65) and teenagers and adults (non-seniors) in the United States, Canada the UK and Australia to see how we compare. As you can see from the following chart, the rate of Canadian Seniors living in poverty is 9.9%, Great Britain 13.5%, the United States 20.6% and Australia 25.7%. So Canada looks good, but if you examine the trend line you see that in the United States it is flat, in Great Britain, and Canada the trend line is up and in Australia the trend line is down.
In the 18-65-year-old group, the trend line in the United States, Canada is down, while the trend line for Australia is flat while the trend line for the United Kingdom is up.
Trend lines show that the conditions for seniors in Canada and Great Britain may get worse, while seniors in Australia look like they are moving to a better place.
Income Inequality at any age can lead to problems for the country and of course for the individuals that are living in poverty. So in many countries at this time of year, many people need your help. Please support your local food bank, if you can.
The report by the OECE does talk about the situation in the US and states that The United States is one of a few countries where employment among the prime working-age population is lower today than it was in 2000.
More specifically, it noted that in 2000 about 82 percent of Americans between the ages of 35 and 44 worked; by 2016, that number had slipped to 79 percent. The shortfall of employment is most striking among workers at the bottom rungs. While more than four-fifths of the highly educated working-age population is actually working, the report says, only about half of those with low education levels are.
While the inequalities among people of working age are a primary reason for inequalities among older Americans — the inequalities follow people into retirement — ill health is another critical source of difference. More than 1 in 3 American adults is obese, more than in any other OECD country, according to the OECD, and the ill health is concentrated among the poor.
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