Topic
wage-growth
2 stories related to this topic, newest first.
themandarin.com.aufinance40 days ago
Wage Growth Concentrated Among Higher-Income Households in April
Higher-income households saw after-tax wage growth of 6 percent year-over-year in April while lower-income households experienced only 1.5 percent growth that barely offset rising gas costs, according to Bank of America Institute data. Overall consumer credit and debit card spend…
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Euronewsfinance58 days ago
EU Real Wages Fell 3% Overall from 2020-2025, Rising in 18 of 30 Countries Amid 25.6% Inflation
Real wages in the European Union fell by 3% cumulatively from 2020 to 2025 as inflation outpaced nominal wage growth. Hourly gross wages rose 21.9% to €26.2, but consumer prices increased 25.6%. Declines occurred in 12 of 30 European countries, with gains in 18 others.