US – Champion of low-paying jobs says OECD report

The U.S. has more low-paying jobs than any other country in the Organisation for Economic Co-operation and Development, an economic group of 34 developed countries, according to a research note released by Morgan Stanley on Monday.

Economists Ellen Zentner and Paula Campbell based their analysis on the OECD Economic Outlook Report, which documents employment and labor trends in each member nation.

The OECD defines “low-paying” as jobs that earn less than two-thirds of a country’s median income. On average, around 16 percent of jobs in OECD countries are considered low-paying. In the U.S., over 25 percent of all jobs qualify as such.

See the chart below, from Morgan Stanley:

Chosen excerpts by Job Market Monitor. Read the whole story at America Has More Low-Paying Jobs Than Any Other Developed Country.