Key Takeaways
- In the United States, the Gini coefficient for income inequality reached 0.494 in 2021, the highest since 2016, indicating significant disparity between income classes.
- Globally, the bottom 50% of the population holds just 2% of global wealth as of 2022, while the top 10% holds 76%.
- In the UK, 14.5 million people were in poverty in 2022/23, equating to 22% of the population, with 8.1 million in deep poverty.
- In the U.S., high school dropouts had a poverty rate of 25.7% in 2022.
- Globally, 244 million children and youth are out of school, disproportionately from lower classes.
- In the UK, 23% of children eligible for free school meals achieved a good level of development at age 5 in 2022.
- In the U.S., life expectancy for lowest income quartile is 76.2 years vs. 88.8 for highest.
- UK working-class men have 9.5 years lower life expectancy than professionals.
- Global maternal mortality ratio for poorest quintile is 3x higher than richest.
- In the U.S., low-wage workers have 2.5x higher unemployment duration averaging 30 weeks.
- UK zero-hour contracts disproportionately affect working class at 10% participation.
- Global informal employment is 61% of total, mostly low-class workers.
- In the U.S., 40% of renter households (low-class) spend over 30% income on housing.
- UK social housing waitlists total 1.2 million households in 2023.
- Global slum population is 1 billion, mostly low-income class.
Income inequality and widespread poverty reveal deep global class divides.
Education Levels
- In the U.S., high school dropouts had a poverty rate of 25.7% in 2022.
- Globally, 244 million children and youth are out of school, disproportionately from lower classes.
- In the UK, 23% of children eligible for free school meals achieved a good level of development at age 5 in 2022.
- U.S. college completion rate for lowest income quartile is 9% vs. 54% for highest quartile.
- In Brazil, 91% of top income decile completed secondary education vs. 28% in bottom decile in 2022.
- India's gross enrollment ratio in higher education was 28.4% in 2021-22, lower in rural low-income areas.
- In South Africa, 30% of children from poorest households attend no preschool vs. 4% from richest.
- Germany's PISA math scores for disadvantaged students were 80 points below advantaged in 2022.
- Australia’s Year 12 completion rate for low SES students was 78.5% in 2022 vs. 96% high SES.
- France saw 18% of low-income students drop out of secondary school in 2022.
- Canada's postsecondary attainment for bottom income quintile is 42% vs. 72% top in 2021.
- Mexico's indigenous students have literacy rates 20% lower than non-indigenous low-income peers.
- EU average, 11.2% early school leavers from low-education families in 2023.
- Japan's university enrollment for low-income households is 40% below national average.
- Russia’s PISA reading gap between advantaged/disadvantaged students is 92 points.
- Sweden's grade point average gap between high/low SES students is 0.8 grades.
- China's rural students score 50 points lower in PISA science than urban.
- U.S. low-income students have 25% lower NAEP math proficiency at grade 8.
- Italy's NEET rate for low-educated youth is 28% vs. 12% high-educated.
- Spain early school leaving rate for low SES is 25% in 2023.
- In the U.S., 54% of low-income adults have low literacy skills (Level 1 or below).
- Globally, lower secondary completion rate for poorest quintile is 47% vs. 92% richest.
- UK disadvantaged pupils had 4 months less progress in reading in 2022.
- U.S. bachelor's degree attainment for bottom 20% income is 12% vs. 77% top 20%.
- In low-income U.S. communities, teacher turnover is 20% higher annually.
- Brazil's low-income students score 100+ points lower on PISA than affluent peers.
Education Levels Interpretation
Employment and Unemployment
- In the U.S., low-wage workers have 2.5x higher unemployment duration averaging 30 weeks.
- UK zero-hour contracts disproportionately affect working class at 10% participation.
- Global informal employment is 61% of total, mostly low-class workers.
- Brazil low-skilled jobs grew 15% post-pandemic, absorbing 70% of new employment.
- India’s rural casual labor unemployment hit 8.5% in 2023.
- U.S. service sector low-wage jobs comprise 45% of employment growth since 1980.
- South Africa youth unemployment for low-education is 63% in 2023.
- Germany low-skilled migrant workers face 20% higher underemployment.
- Australia casual employment is 25% of workforce, mostly low-income.
- France minimum wage workers (SMIC) are 17% of employees in 2023.
- Canada precarious employment affects 20% low-SES workers.
- Mexico informal sector employs 55% of workforce, earning 60% less.
- EU long-term unemployment for low-skilled is 45% of total unemployed.
- Japan non-regular employment (low-wage) is 38% of workforce.
- Russia low-education unemployment rate is 7.2% vs. 2.5% high-ed.
- Sweden gig economy workers (low-class) grew 30% since 2018.
- China migrant workers (rural low-class) number 296 million in 2022.
- U.S. Black low-wage workers have 12% unemployment rate.
- Italy youth NEET rate for south low-SES is 35%.
- Spain temporary contracts for low-skilled are 28% of employment.
- U.S. gig workers earn median $25/hour but 40% below poverty line.
- Global youth unemployment for low-education is 15.5%.
- UK low-skilled men labor participation fell to 75% in 2023.
- Nigeria underemployment for poor is 50%.
- U.S. low-wage jobs have 50% higher quit rates annually.
Employment and Unemployment Interpretation
Health and Mortality
- In the U.S., life expectancy for lowest income quartile is 76.2 years vs. 88.8 for highest.
- UK working-class men have 9.5 years lower life expectancy than professionals.
- Global maternal mortality ratio for poorest quintile is 3x higher than richest.
- In India, low-SES groups have infant mortality 2.5x higher (47 vs. 19 per 1,000).
- U.S. low-income adults have 50% higher obesity rates (45% vs. 30%).
- Brazil's favelas report 25% higher COVID-19 mortality than affluent areas.
- South Africa's life expectancy gap between poor/rich is 14 years.
- Germany low-income have 2x higher diabetes prevalence (12% vs. 6%).
- Australia's Indigenous (often low-SES) life expectancy is 8.3 years lower.
- France manual workers have 40% higher cancer mortality risk.
- Canada low-income have 30% higher hospitalization rates for preventable diseases.
- Mexico poor quintile has 3x higher stunting in children (25% vs. 8%).
- EU low-education men have 5.5 years lower life expectancy.
- Japan low-income elderly have 20% higher suicide rates.
- Russia working class has 15% higher cardiovascular death rates.
- Sweden low-SES have 2.5x higher mental health treatment needs.
- China rural poor have 10 years lower life expectancy than urban rich.
- U.S. poor neighborhoods have 2x homicide rates (15 vs. 7 per 100k).
- Italy southern low-income regions have 4 years lower LE (81 vs. 85).
- Spain gypsy community (low-SES) has 12.3 years lower LE.
- U.S. Medicaid enrollees have 25% higher depression prevalence.
- Global poor bear 90% of malaria burden despite 50% population.
- UK deprived areas have 2x higher drug overdose deaths.
- Nigeria low-SES have child mortality 5x higher (150 vs. 30 per 1k).
- U.S. bottom income decile spends 5x more days sick annually.
Health and Mortality Interpretation
Housing and Living Standards
- In the U.S., 40% of renter households (low-class) spend over 30% income on housing.
- UK social housing waitlists total 1.2 million households in 2023.
- Global slum population is 1 billion, mostly low-income class.
- Brazil favelas house 11 million in informal low-class settlements.
- India 65 million live in urban slums with poor sanitation.
- U.S. homeless population is 653,000, 60% unsheltered low-income.
- South Africa 2.5 million backyard dwellers in informal housing.
- Germany 600,000 live in inadequate housing, mostly low-SES migrants.
- Australia 122,000 homeless nightly, indigenous low-class overrepresented.
- France 300,000 homeless, 40% working poor.
- Canada 235,000 experience homelessness yearly, low-income driven.
- Mexico 20% urban poor in irregular settlements without services.
- EU 4 million live in severe housing deprivation.
- Japan 4% elderly low-income live in substandard housing.
- Russia 15 million in dilapidated housing stock, low-class majority.
- Sweden housing shortage affects 600,000 low-income households.
- China 300 million rural poor migrated to urban substandard housing.
- U.S. low-income households 1 in 7 evicted annually.
- Italy southern regions have 30% overcrowding in low-income homes.
- Spain 2.4 million at risk of residential exclusion.
- U.S. public housing serves 1.8 million low-income families.
- Global 2.4 billion lack adequate housing improvements needed.
- UK 24% children in low-income homes in fuel poverty.
- Nigeria 70% urban dwellers in slums.
- U.S. low-rent housing quality issues affect 7 million units.
Housing and Living Standards Interpretation
Income and Poverty
- In the United States, the Gini coefficient for income inequality reached 0.494 in 2021, the highest since 2016, indicating significant disparity between income classes.
- Globally, the bottom 50% of the population holds just 2% of global wealth as of 2022, while the top 10% holds 76%.
- In the UK, 14.5 million people were in poverty in 2022/23, equating to 22% of the population, with 8.1 million in deep poverty.
- India's poverty rate fell from 16% in 2011-12 to 5% in 2022-23 based on consumption expenditure, lifting 415 million out of multidimensional poverty.
- In Brazil, the extreme poverty rate dropped to 4.4% in 2022 from 6.5% in 2012, affecting 9.5 million people.
- The U.S. child poverty rate was 12.4% in 2022 under the official measure, but 5.8% under the Supplemental Poverty Measure.
- In South Africa, 55.5% of the population lived below the upper-middle-income poverty line of R1,558 per person per month in 2023.
- Germany's at-risk-of-poverty rate stood at 16.8% in 2022, affecting 14.2 million people.
- In Australia, 3.3 million people (13.4%) were living below the poverty line in 2022, including 761,000 children.
- France's poverty rate was 14.6% in 2022, with 9 million people below the monetary poverty threshold.
- In Canada, 3.4 million Canadians (11.4%) lived in poverty in 2022, down from 12.4% in 2020.
- Mexico's poverty rate increased to 36.3% in 2022 from 33.6% in 2020, affecting 46.8 million people.
- In the EU, 95.5 million people (21.6%) were at risk of poverty or social exclusion in 2023.
- Japan's relative poverty rate for households was 15.4% in 2021, highest among OECD countries for single-parent households at 44.5%.
- In Russia, 9.8% of the population lived below the subsistence minimum in 2023, down from 12.1% in 2019.
- Sweden's poverty rate after social transfers was 0.4% in 2021 using the 50% median income threshold.
- In China, extreme poverty was eradicated by 2021, with the national poverty headcount ratio at 0.7% in 2015 terms.
- The U.S. median household income rose to $74,580 in 2022, a 2.3% increase from 2021 after inflation adjustment.
- In Italy, 22.3% of the population was at risk of poverty in 2022, with southern regions exceeding 35%.
- Spain's poverty risk rate was 20.2% in 2022, affecting 9.5 million people.
- In the U.S., 37.9 million people lived in poverty in 2022, with rates highest among Blacks at 17.1% and Hispanics at 16.8%.
- Globally, 712 million people lived in extreme poverty (below $2.15/day) in 2022.
- In the UK, working households made up 63% of those in poverty in 2022/23.
- Nigeria's poverty rate was 38.9% in 2023, with 87 million people multidimensionally poor.
- In 2022, U.S. households in the lowest quintile earned 2.9% of aggregate income, while the top quintile earned 52.2%.
- Europe's at-risk-of-poverty threshold averaged €11,816 for a single person in 2022.
- In India, rural poverty incidence was 7.2% in 2022-23 compared to 4.6% urban.
- The U.S. Supplemental Poverty Measure rate for elderly was 10.2% in 2022 vs. 17.8% for children.
- In 2021, OECD countries saw average disposable income inequality (Gini 0.314 after transfers).
Income and Poverty Interpretation
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