Saturday, June 15, 2024

Wage growth in 2022 failed to catch up with inflation

salary_2.jpeg.jpg

Inflation is real all over the world. Many countries are trying to adjust the wages and income of workers. Official inflation ranges from 4 to over 80%. Countries, such as Turkey, for example, have an annual inflation rate of over 80%, but this process began 3-4 years ago.
In Europe, inflation is from 4 to over 20%. However, wage adjustment is lagging behind.
And this is happening for the first time in at least 15 years. World inflation-adjusted real wages have fallen.
On average worldwide, global wage incomes fell by 0.9%.

14 hours to change oil and filters and huge costs that are unaffordable even for billionaires


Even with the crisis year 2008, wages increased by 1.2%. With the biggest increases are the salaries from 2006 and 2007 with over 2.5%.
After the crisis of 2008, wages increased by more than 1.5% per year.

Wages Real Income 2006 2022

Fundamental and Technical forex signals in one

About the Author

0 Comments

No comments yet.

News Archive