It turned out that the income of about 500 million people did not go up in the last ten years

By7 july :-)

As a result of investigating the income trends of people living in 25 countries of industrialized countries from 2005 to 2014, it turned out that household income of about 500 million, which is 70%, was "no change" or "is decreasing" Did.

Poorer than their parents? A new perspective on income inequality | McKinsey & amp; Company
http://www.mckinsey.com/global-themes/employment-and-growth/poorer-than-their-parents-a-new-perspective-on-income-inequality

Up to 70% of people in developed countries 'have seen incomes stagnate' | Business | The Guardian
https://www.theguardian.com/business/2016/jul/14/up-to-70-per-cent-people-developed-countries-seen-income-stagnate

According to a study conducted by the McKinsey Global Institute (MGI) in 25 advanced countries in Europe, it is known that the income of people between 65% and 70% has not increased between 2005 and 2014. In the graph below, the left side represents "By market income" and the right side represents "By disposable income". The income from 1993 to 2005 was only slightly less than 2% (less than 10 million) that it replied "It did not rise (no change + decrease)", which took place in 2007Global financial crisis, The possibility that the younger generation will be lower income than the parent generation is growing.


"People who are unlikely to raise income and can not have hope in the future, say in FranceNational frontThere is a tendency to support nationalist political parties like. Speaking in the UK, it is about supporting EU withdrawal, "MGI says. Although the main factor that the income of people is not fluctuating is in the global financial crisis, the decrease in workers, the increase in part-time work and temporary work, and the decline in the influence of labor unions are also affecting income. If such a situation of "slow growth" continues, the number of people who answer "income did not rise" in the next 10 years may increase to 80%.

ByFrankieleon

The subjects of this survey included France, Italy, the Netherlands, Sweden, the United Kingdom, the United States and so on, and only the target country accounts for half of the world's GDP. In Italy, the income of 97% households has stagnated for ten years, income of households of 70% in the United States, UK and the Netherlands and 63% in France has not changed. In Sweden the comparatively low number was low, and only 20% of households did not raise income.

The graph below shows the market income (income before deduction) in each country of 2005 to 2014 on the left and the disposable income (income after deduction) on the right. As a whole, disposable income has not changed or decreased by only 20 to 25%. Although the income itself has not changed in the US and France from 2005 to 2014, there are many people who are increasing disposable income. In some countries, measures such as tax cuts have been successful.