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What's the PPP pay per hour and hours worked per week compared to the US?
by niij 5y ago
What's the PPP pay per hour and hours worked per week compared to the US?
- okamiueru 5y agoFrom som cursory searching for stats: OECD 2016, 27 hours per week vs 34 in the US. They are from different years, so not sure how comparable they are. Also, PPP probably also matters little unless you take into account the cost of living? And doesn't capture polarized inequality.
- niij 5y ago> PPP probably also matters little unless you take into account the cost of living The point of PPP vs raw GDP is to take cost of living into account. Without knowing the country you're referring to, I can't really compare or discuss further. > And doesn't capture polarized inequality The Gini coefficient does.