CTU Monthly Economic Bulletin August 2017

A new report on inequalities in wages, salaries and the income of the self-employed finds growing inequalities in the income they earned per hour over the period 1998 to 2015.

To a reasonable approximation, two-thirds of employees are paid below the average wage and they received either very low wages or experienced low wage growth, or both. That means growth in the average hourly wage is not a good indicator of the rises most people receive.

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