Study Shows 35 Million EU Residents Can't Afford an Annual Holiday

Study Shows, 35 Million EU Residents , Can't Afford an Annual Holiday .
A study by the the European Trade Union Confederation shows that a majority of low-income families in the European Union can't afford to take a holiday.
A study by the the European Trade Union Confederation shows that a majority of low-income families in the European Union can't afford to take a holiday.
A holiday should not be a luxury for the few. While many workers are away enjoying time off with friends and family, millions are missing out because of low pay, Esther Lynch, European Trade Union Confederation deputy general secretary, via ABC.
A holiday should not be a luxury for the few. While many workers are away enjoying time off with friends and family, millions are missing out because of low pay, Esther Lynch, European Trade Union Confederation deputy general secretary, via ABC.
The rise in holiday inequality shows
how the benefits of economic growth
in Europe over the last decade
haven’t been shared fairly, Esther Lynch, European Trade Union Confederation deputy general secretary, via ABC.
The study used data from Eurostat,
the EU's statistical office.
That data suggests that 28% of people over 16 years old
lack the financial means to enjoy a one-week holiday.
For those whose income falls below Eurostat's at-risk-of-poverty threshold that number rises to 59.5%.
The at-risk-of-poverty threshold is set
at 60% of national median income.
Statutory minimum wages leave
workers at risk of poverty in at least
16 EU member states and
22 million workers make less
than 60% of the median, European Trade Union Confederation study, via ABC.
The ETUC is working with European legislators to
introduce a “threshold of decency" into EU law. .
The law would ensure statutory minimum wages
could never be less than 60% of the median wage
and 50% of the average wage of any EU nation.
The organization said the move could help
deliver a pay raise to over 24 million people