Rich-Poor Divide Is Widening in Developed Countries, OECD Says

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The gap between rich and poor is widening across most developed economies as skilled workers reap more rewards and top executives and bankers benefit from a global job market, the Organization for Economic Cooperation and Development said.

The average income of the richest tenth of the population is now about nine times that of the poorest tenth, the Paris-based OECD said today in a report. The gap has increased about 10 percent since the mid 1980s.