A recent report by the Center for Economic and Policy Research (CEPR) on “Low-wage Lessons” reminds that “about one-fourth of U.S. workers [are] in low-wage jobs, defined as earning less than two-thirds of the national median hourly wage.” Even though this proportion is below 10 percent in only four OECD countries (Belgium, Italy, Norway and Finland), and it is over 20 percent in the UK, Canada, Ireland and Germany, this percentage is the highest in developed countries. “Moreover, the incidence of low-wage work in the United States has been rising for at least three decades” the study points out.
Norway and Finland), and it is over 20 percent in the UK, Canada, Ireland and Germany, this percentage is the highest in developed countries. “Moreover, the incidence of low-wage work in the United States has been rising for at least three decades” the study points out.
Unemployment rather than a low-wage job. “For some workers, low-wage work is a stepping stone to better things” recognizes John Schmitt, senior economist at the CEPR, who wrote the report. “For an important share of low-wage
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