There is no room for complacency on income inequality
Income inequality remains high and has even risen in the EU and the euro area since the financial crisis. Europe is also creating relatively few mid-level jobs. However, the EU average is lower than in the US.
Income inequality has been linked to the rise in populism that has been seen on both sides of the Atlantic. In an economy where the pace of innovation — and disruption to jobs — is high, it is essential to ensure the workforce’s continuous employability by better enabling lifelong learning.
Source: OECD; Eurostat