According to the organization , the most vulnerable must face “a labor market that is mutated” as well as “increased costs” for education and medical insurance.
The Income inequalities of the U.S. are amongst the “most high” in the industrialized world, says a report by the Organization for Economic Cooperation and Development (OECD), published today and which also confirms that the economic recovery in the country remains “subdued.”
“Life is very pleasant in the U.S. thanks to strong economic growth and the advancement of technology, but there are indications that those profits will are not share sufficiently “, says the report.
According to the document, the country logs one of the most “high” levels of income inequality within OECD: The average income of the wealthier is 10% which is about 16 times bigger than the one of the poorest 10%, compared with a ratio of 9.5 in the major industrialized countries.

“A shape of inequality seems to be designed with a concentration (of wealth) more powerful at the top at the expense of the middle class and poorer people,” underlines yet the report.
According to the OECD, the most vulnerable must face “a labor market that is mutated” and “increased costs” for education and health insurance. “The labor market is still far from being back to normal levels,” the report notes, and expresses additional concerns about “new weaknesses” of the real estate market. More generally, the organization confirms that the economic recovery after the crisis between 2008-2009 in the U.S. remains weak compared to previous outputs from the recession.

The U.S. economy shrank In the first quarter, for the first time since 2011, mainly due to the effect of a very harsh winter. “It is not about a recovery like any other for the USA. The growth rate is slow from a historical perspective, “said General Secretary of OECD ” Mr.Anhel Gouria , during his speech in Washington.