Tuesday, December 23, 2014

People in advanced age increases revenues most – Aftenposten

People in advanced age increases revenues most – Aftenposten

Couples with children living at home over18 years were winners in income statistics last year. They have the highest level of family income after taxes before, and they had the highest percentage revenue growth of all types of households last year.

New figures from Statistics Norway (SSB) show that this family type increased the average income after taxes by 5 , 7 percent last year. This corresponds to 52.000 million in increased family income, calculated after tax, so that it ended at 961.000 million last year.

Also pensjonistpar without children with oldest person 67 years and older had a good revenue growth last year by 5.4 percent.

Both of these groups are well above the increase in the average for all families at 4.7 percent last year. Households with students are excluded in these numbers.



Childless received at least

At the opposite end of the statistics rose couples without children with the oldest person under 30 years average income its total income with only 0.2 percent last year. Childless children with oldest person 30-44 years also had very weak revenue growth last year with only 0.8 percent.

The high labor immigration may be a possible explanation.

– In younger age groups probably represent migrant workers an increasing share. They have short residence and relatively low income, says senior adviser Jon Epland in SSB.

Thus providing ever new innvandrerfamiler to drag down average revenue growth. Also changes in the preparation of statistics may explain the low income for these groups.



Advanced age counts

Advanced age is the main characteristic of groups that received good revenue growth last year.

Within all family types, ie living alone, couples without children, couples with children and single parents, there is one common trait: incomes last year was rising with age oldest person in the house or with the age of the child.

High investment income in 2013 may explain this. Those who have most from before increased namely its revenue more than others last year: “The increase in inequality may be due to strong growth in investment income in 2013. (…). It was primarily dividends and capital gains, which increased. These are revenues traditionally falls to households in the top income group, “writes SSB in a comment to the numbers.

rain since 2006

If one looks at the figures over several years, pensioners they sovereign group winners .

Since 2006:

  • Group pensjonistpar with oldest person 67 years and older in through their increased household income after taxes by about 55 percent.
  • Living alone individuals 67 years and older has increased income after tax by 49 percent
  • Couples with children of different ages then follows with a growth in household income at 34-43 percent after tax.

Single parents with small children, as well as singles and childless couples with oldest person 44 years and lower scores lowest with a revenue growth of under 30 percent from 2006 to 2013.

Pensioners with better advice

Changes in the composition of pensioners is a heavy trend in income distribution.

– New age pensioners who come to have better pensions than those who retired earlier, says Epland .

In addition, the rules have changed in a way that allows the retiree income growth has shot further momentum in recent years.

– From 2011 it was possible to take out a pension and work unlimited beside. Many have taken advantage of this, says Epland.

The equation numbers and other studies visser that this has led to a sharp revenue growth for people over 62 years. More and more taking out pension on top of the income from work.

Well over doubling

The figures provide a basis to draw even longer lines income distribution. Since 1990, couples without children with the oldest person 65 years and older increased their income by 122 percent. Aleneboenede 65 years and older has doubled real income.

Growth in real income growth in current value minus inflation.

At the opposite end is single people under 45 years with a growth in real income of only 43 percent since 1990. Couples with children of different ages have had quite a parallel real income of between 72 and 81 percent.

revenue growth is measured for the household in the middle when all households of similar type produced consecutively after rising income.

But the growth of the elderly have occurred from low levels. In 2000, people who were 67 years and older 40 Prosneige of the people in the lowest income decile. In 2012, the proportion dropped to 15 percent.

On these years, in other words older taken major steps upward on income ladder.

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Published: 23.des. 2014 11:47 p.m.

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