Skip to content
Income inequalities and middle class squeeze

News -

Income inequalities and middle class squeeze

In the years up to 2008, income inequalities between EU Member States declined as incomes converged strongly, although inequalities within countries fell only very slightly. The 2008 recession broke this trend of convergence between Member States, having a much larger downwards impact on incomes in countries at the periphery of the EU, especially the Mediterranean countries. In two-thirds of Member States, inequalities in household disposable income within the country increased after the crisis, albeit moderately. Growing unemployment was the main driver behind increased household income inequalities. These are among the findings of Eurofound’s new report Income inequalities and employment patterns in Europe before and after the Great Recession. The study affirms that the crisis has reduced average household disposable real income levels across almost all European countries and that the middle income classes have been squeezed in the majority of countries. 

Subjects

Categories

Press contacts

James Higgins

James Higgins

Press contact Press and media relations +353-1-204-3100
Måns Mårtensson

Måns Mårtensson

Press contact Media & Promotion Manager Media relations, marketing and promotion +353-1-204 3124

Related content

Eurofound, a tripartite European Union Agency, provides knowledge to assist in the development of social, employment and work-related policies

Eurofound (European Foundation for the Improvement of Living and Working Conditions) is a tripartite EU body, whose mission is to provide knowledge to assist in the development of better social, employment and work-related policies.

Eurofound
Wyattville Road
D18 KP65 Loughlinstown
Ireland