Quite a few years ago now Europe has a down fall in the economic growth, and status that it once had. This recession put many into poverty; now there is economic growth happening throughout Europe but the question remains on how that has affected the poverty levels. Although there is economic growth in Europe there is not a decrease in the poverty level of Europe which doesn’t make sense at first until you really look at the poverty situation Europe is having. One must first understand what is being used to define poverty in Europe. For statistical use there are three components to measuring poverty in Europe which are how much income a household is bringing in, how much work a household is having, and the level of material deprivation the household is experiencing. So if that is how you measure the poverty where are most of the people in poverty on that scale? The truth is that the majority of the poor in European countries are considered working poor where they have jobs but they just don’t make enough money in order to make ends meet.
Who is in Poverty?
The Europeans most affected by the working poor situation are children as it often the families in much of Europe that are suffering where the parents may be working but just aren’t making enough to support their children, and themselves. In Spain 44 percent of the child population lives in poverty, and one third of the entire population is trying to survive on eight thousand Euros’ a year or less. But if there has been economic growth in most of Europe why is there such a struggle to make ends meet for these families? That has what stumped many government officials trying to combat poverty but one has to look at what economic growth is taking place. There is a huge surge in a gig type economy that has arisen everywhere.
Freelancers and Fixed-term Work Contracts
This is where companies contract workers to do freelance work; the work isn’t regular, and there are not set hours for the workers as it is based on what the needs of company are at the time. With that the company doesn’t have to pay any employment benefits either as technically the worker works for themselves, and are just an independent contractor that they have temporarily hired. For some people this may work great but for many people are still struggling as this may be their only source of income. Thus the gig economy has government officials questioning on how beneficial that really is for the people of Europe seeing as they are still struggling so greatly. For now the only thing for certain is that something must change to allow people to get out of poverty as with a rise of poverty in Europe government funding is low and simply cannot keep up with those applying for assistance. Only the future can tell where the new economy and those in poverty are going to end up in the long run.