Home » Low-wage earners: Where is it least profitable to work in Europe?

Low-wage earners: Where is it least profitable to work in Europe?

by Marko Florentino
0 comments


ADVERTISEMENT

Millions of European workers earn just a fraction of their country’s average pay.

The latest Eurostat data shows nearly 15% of the EU’s workforce is made up of low-wage earners.

Low-wage workers are employees who earn two-thirds or less of the median wage in their respective countries.

The report shows a noticeable gender gap: 18.2% among women fall into this category, compared to 12.5% of men.

Young people are particularly affected: one in four low-wage earners is under 30.

The highest shares of low-paid workers were found in Bulgaria (26.8%), Romania (23.9%), Latvia (23.3%) and Greece (21.7%), while, on the flipside, countries like Portugal, Sweden, Finland, Italy and Slovenia show the lowest rates, implying a more homogenous salary distribution.

Food and hospitality workers most likely to be affected

Hospitality and food workers top the list, employing over a third (35.1%) of all EU low-wage earners, closely followed by administrative and support services, at 32%.

Contract type and education also play a major role in defining earnings.

People on fixed-term contracts are more than twice as likely to fall into this category than those on permanent engagements (27.2% vs 12.6%).

Education makes a huge difference too, as nearly 28% of workers with a low level end up in the low-pay bracket, compared to just 4.8% of those with a so-called higher education and medium education (17.5%).

Video editor • Mert Can Yilmaz



Source link

You may also like

Leave a Comment

NEWS CONEXION puts at your disposal the widest variety of global information with the main media and international information networks that publish all universal events: news, scientific, financial, technological, sports, academic, cultural, artistic, radio TV. In addition, civic citizen journalism, connections for social inclusion, international tourism, agriculture; and beyond what your imagination wants to know

RESIENT

FEATURED

                                                                                                                                                                        2024 Copyright All Right Reserved.  @markoflorentino