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June 30, 2011 8:02 am
The Financial Times has launched a series on the squeezed middle across the world.
To accompany the series, Chris Giles, economics editor, gives an audio commentary to five charts that explore the origins of the squeezed middle, show where inequality is increasing, and how middle income jobs are in decline.
Sources
Chart 1: US data: Resolution Foundation analysis, US Census Bureau, Annual Social and Economic Supplements. Constant 2009 prices, indexed with GDP deflator and RPI. UK data: ONS and OBR projections from Budget 2011
Chart 2: The Polarisation of Job Opportunities in the US Labor Market, David Autor, MIT Department of Economics and National Bureau of Economic Research (2010)
Chart 3: OECD
Chart 4: OECD Income Distribution and Poverty Database
Chart 5: The World Top Incomes Database
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