The top 1% of earners in the world's three richest countries are enjoying faster-rising pay levels than those on average wages, and governments should step in to tackle "wageless growth", according to the Organisation for Economic Co-operation and Development (OECD). With unemployment now below – or close to – pre-financial crisis levels, workers should be able to demand better pay and conditions, the OECD said. However, the shift towards part-time jobs, the gig economy and zero-hour contracts have dented the ability of workers to make these demands.
The top 1% of earners in the world's 35 richest countries are enjoying faster-rising pay levels than those on average wages, and governments should step in to tackle "wageless growth", according to the Organisation for Economic Co-operation and Development (OECD). With unemployment now below – or close to – pre-financial crisis levels, workers should be able to demand better pay and conditions, the OECD said. However, the shift towards part-time jobs, the gig economy and zero-hour contracts have dented the ability of workers to make these demands.