Readers like you keep news free for everyone.

More than 5,000 readers have already pitched in to keep free access to The Journal.

For the price of one cup of coffee each week you can help keep paywalls away.

Support us today
Not now
Tuesday 6 June 2023 Dublin: 12°C
Payslip via Shutterstock
# Wages
Ireland has the second highest percentage of low-paying jobs in the world
America is number one.

IN A NEW research note on inequality, Morgan Stanley economist Ellen Zentner included this fascinating chart showing that, among OECD countries, the United States has the highest proportion of low-paying jobs, with Ireland not far behind.

The 2014 version of the OECD Employment Outlook report cited by Morgan Stanley defines low-paying jobs as those for which earnings are below two-thirds of a country’s median income.

According to the OECD analysis and the Morgan Stanley report, just over a quarter of jobs in the US fell in this low-paying category.

In 2013, the median annual income in the US was $35,080, according to the Bureau of Labor Statistics’ Occupational Employment Statistics program.

Under the OECD’s definition, then, a low-paying job would earn less than about $23,390.

In Ireland, the CSO estimates the average wage to be around €688 a week, or €35,620 a year. This means that anyone earning under €23,641 is classed as low-paid by the OECD.


Read: Minister: Strong argument for raising the minimum wage as economy recovers

Read: Pay packets keep shrinking, unless your job’s in IT

Published with permission from
Business Insider
Your Voice
Readers Comments