| Description |
The indicator measures the income share received by the bottom 40 % of the population. The income concept used is the total disposable household income. |
|---|---|
| Rationale |
Indicator is used to monitor progress towards SDG 10 on reducing inequality within and among countries; which is embedded in the European Commission’s Priorities under ‘Supporting people, strenghtening our societs and our social model’. Indicator can be considered as similar to global SDG indicator 10.1.1 “Growth rates of household expenditure or income per capita among the bottom 40 percent of the population and the total population”. The indicator is relevant for measuring the overall change in living standards of those with the lowest incomes over a number of years. The European Pillar of Social Rights sets out 20 key principles to support fair and well-functioning labour markets and welfare systems. These principles address topics related to inequality by tackling both inequality of outcomes and inequality of opportunities: from wage-setting to social-protection systems, gender equality, enabling social services, childcare and support to children, old-age income, healthcare and access to housing. |
| Content and progress |
The European Pillar of Social Rights Action Plan turns the Principles of European Pillar of Social Rights into concrete actions to benefit citizens. It proposes headline targets regarding employment rate, adult participation in learning and risk of poverty and social exclusion for the EU to reach by 2030. The European Semester is a key delivery tool of the Pillar and coordinates the economic and fiscal policies of EU Member States. As part of its Green Deal, the European Commission has announced that the European Semester will be refocused to integrate the SDGs and to put sustainability and the well-being of citizens at the centre of economic policy The European Social Fund (ESF) is the EU’s main instrument for investing in people since the adoption of the Treaty of Rome. It helps tackle inequalities, both in terms of outcomes and opportunities, by financing actions in the areas of employment, social inclusion, education, training and administrative capacity reforms. The revised European Social Fund Plus (ESF+), with a budget of EUR 101 billion as part of the Multiannual Financial Framework 2021–2027, will further help to reduce inequalities. |
| Long-term objective |
No description |
Source 1
| Organisation |
ESS (SILC) |
|---|---|
| Link to data source | Link opens in a new window |