OECD report cites rising income inequality

Income inequality is increasing across much of the developed world, a trend that will continue unless governments move aggressively to arrest it, according to a report released Monday by the Organization for Economic Cooperation and Development.

The widening gap between rich and poor is being driven in part by a growing disparity in wages, as skilled workers command a disproportionate share of the bounty made possible by technological progress, the report said.

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