You've (Likely) Been Playing The Game of Life Wrong

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South Korea's average wage income rose 3.3% in December 2024, but the income gap between large companies and SMEs remains at a persistent twofold difference.
#YonhapInfomax #WageIncome #LargeCompanies #SMEs #IncomeGap #NationalDataOffice #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106276
Wage Income Rises 3.3%—Income Gap Between Large and Small Firms Remains at 2x

South Korea's average wage income rose 3.3% in December 2024, but the income gap between large companies and SMEs remains at a persistent twofold difference.

Yonhap Infomax
South Korea's top policy official Kim Yong-beom called the latest household financial welfare statistics "shocking," citing a widening income gap and rising poverty, and pledged urgent government action to address worsening inequality.
#YonhapInfomax
#HouseholdFinancialWelfare #IncomeGap #BankOfKorea #PovertyRate #GiniCoefficient
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=94187
Kim Yong-beom - 'Household Financial Welfare Statistics Are Shocking—Left Me Depressed and Saddened' (Comprehensive) - Yonhap Infomax

South Korea's top policy official Kim Yong-beom called the latest household financial welf

Yonhap Infomax

"An imbalance between rich and poor is the oldest and most fatal ailment of all republics."

Plutarch

#quoteoftheday #incomegap #inequality #resist

South Korea's income gap widened in Q1 2025 as earned income for the top 20% rose and business income for the bottom 20% fell, with the quintile share ratio hitting 6.32, the highest in a year, driven by increased bonuses and a decline in self-employed households.
#YonhapInfomax #IncomeGap #StatisticsKorea #DisposableIncome #QuintileShareRatio #BusinessIncome #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65302
Top 20% Earned Income Rises, Bottom 20% Business Income Falls—Income Distribution Worsens

South Korea's income gap widened in Q1 2025 as earned income for the top 20% rose and business income for the bottom 20% fell, with the quintile share ratio hitting 6.32, the highest in a year, driven by increased bonuses and a decline in self-employed households.

Yonhap Infomax
Wealth inequality reaches new heights: What the data says about America’s future

Wealth inequality in the United States has skyrocketed, with wealth concentrated in coastal cities. Rich areas are now seven times wealthier than poor ones, creating significant gaps within and between communities, impacting opportunities, education, and overall well-being.

PsyPost

“The chief executives of FTSE 100 companies will have made more money in 2025 by midday on Monday than their average worker does in a whole year [....] Median pay for FTSE 100 chief executives is £4.22m, 113 times the median full-time worker’s pay of £37,430”

https://www.theguardian.com/business/2025/jan/06/ftse-100-bosses-more-pay-by-noon-today-than-average-worker-in-a-year

#IncomeGap #economics #capitalism

FTSE 100 bosses make more money in 2025 by noon today than average worker in a year

Bosses to hit milestone on third working day of 2025 with median hourly pay of £1,298, says High Pay Centre

The Guardian
How do people cope with stable and stagnant income , while the #incomegap and #inflation hits the roof , not to mention the #jobcuts and worst is yet to come
#middleclass #fmcg #india