Europe’s wage growth since 2020: Are Europeans better off?
Taking into account nominal growth and inflation, real hourly wages declined by 3% in the EU over the past five years. Wage growth was stronger in non-euro area countries and in those with lower wage levels.
Taking into account nominal growth and inflation, real hourly wages declined by 3% in the EU over the past five years. Wage growth was stronger in non-euro area countries and in those with lower wage levels.
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