Tag #Income Inequality

theglobeandmail.com
🌐 75% Global Worthiness
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Canada's Top CEOs Earned $13.2 Million on Average in 2023

In 2023, Canada's 100 highest-paid CEOs averaged $13.2 million in compensation, 210 times the average worker's income, down from record highs but still significantly above historical averages; factors include lower 2023 profits and increased worker wages.

Progress

60% Bias Score

Reduced Inequality
zeit.de
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Indian Immigrants in Germany Earn Significantly More Than Average

Indian immigrants in Germany earn a median annual salary of €5,359, significantly higher than the German average of €3,945 and 77 percent above the average immigrant salary, due to high STEM qualifications and employment in related sectors.

Progress

56% Bias Score

Reduced Inequality
t24.com.tr
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Turkish Union Protests Tax Injustice, Minimum Wage

In İzmir, Turkey, DİSK union members protested the new minimum wage (22,104 TL) and tax policies they deem unfair, with representative Memiş Sarı calling for tax justice and higher minimum wages to combat rising inflation and income inequality.

Progress

44% Bias Score

Reduced Inequality
t24.com.tr
🌐 75% Global Worthiness
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Turkey's 2023 Average Income: 26,402 TRY Per Capita

TÜİK reported that the average monthly gross income per capita in Turkey was 26,402 TRY in 2023, while the average monthly gross wage was 23,789 TRY; men earned more than women across all categories, and income increased with education level.

Progress

28% Bias Score

Reduced Inequality
theguardian.com
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Retail Profits Soar, While Worker Wages Stagnate

Australian retail sector gross operating profits have increased sixfold since 2001, while retail wages have risen by less than half that amount, leaving low-paid workers struggling with inflation and creating an imbalance of bargaining power between employers and employees.

Progress

40% Bias Score

Reduced Inequality
t24.com.tr
🌐 85% Global Worthiness
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Turkish Minimum Wage Erodes Amidst High Inflation

A DISK-AR report reveals that 8.5 million Turkish workers earn at or below the minimum wage; if inflation hits 44% in 2024, the minimum wage will lose 7,481 TL in purchasing power, falling below the poverty line by December.

Progress

40% Bias Score

No Poverty
bbc.com
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Bristol Uber Drivers Report Plummeting Earnings Amidst Rising Costs

Bristol Uber drivers report drastically reduced earnings due to rising costs and unchanged fares, despite Uber's claims of a National Living Wage guarantee, prompting concerns about working conditions and financial sustainability.

Progress

48% Bias Score

Decent Work and Economic Growth
dw.com
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Turkey's Income Inequality Worsens Despite 2023 Improvement

Turkey's income inequality remains high in 2023, with the top 5% earning 23.1% of total income while the bottom 5% earned only 1%, according to TÜİK data; while a slight improvement occurred compared to 2022, the past decade shows a worsening trend in income distribution, reflected in a rising Gini ...

Progress

40% Bias Score

Reduced Inequality
t24.com.tr
🌐 65% Global Worthiness
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Turkey's Income Inequality Remains High Despite Slight Decrease

Turkey's 2024 income distribution statistics show the top 20% earned 48.1% of total income, while the bottom 20% received 6.3%, with the Gini coefficient at 0.413, revealing persistent inequality across regions.

Progress

20% Bias Score

Reduced Inequality
taz.de
🌐 75% Global Worthiness
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Germany's Minimum Wage Debate: €15 Proposal Sparks Economic Concerns

Germany's 2015 minimum wage, initially €8.50, is again debated, with Chancellor Scholz pushing for a €15 increase, sparking concerns about potential job losses despite past success in reducing low-wage employment and income inequality.

Progress

44% Bias Score

Reduced Inequality
german.china.org.cn
🌐 85% Global Worthiness
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China Considers $40 Trillion Asset Shift to Boost Consumption

Chinese economists advocate using the government's $40 trillion in net assets to boost consumption by redirecting funds to education and social welfare, aiming to reduce inequality and stimulate spending, unlike developed nations where government assets comprise less than 5% of total social assets.

Progress

40% Bias Score

Reduced Inequality
taz.de
🌐 75% Global Worthiness
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German Inflation: Lower-Income Households See Temporary Relief

In November 2024, Germany's overall inflation rate was 2.2 percent; however, low-income households experienced lower inflation rates (1.6-1.8 percent) due to decreased energy and fuel prices, while high-income single individuals experienced higher inflation (above average) due to rising service cost...

Progress

32% Bias Score

No Poverty