The United Kingdom and the United States are leading low-wage nations, with over 23% of workers earning only two-thirds of the median wage.
The service sector jobs, such as hospitality and retail, contribute to low wages, while the gig economy has further expanded the number of low-wage, flexible jobs.
Economic inequality, wage stagnation, and rising living costs exacerbate the low-wage problem in both the UK and the US, affecting millions of workers.
Statistics reveal that the UK and US have significantly higher rates of low-paid workers compared to the OECD average, highlighting a critical economic issue.
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