Wages in the United States increased 4.72 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United States Wages and Salaries Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages in Poland increased 9 percent in June of 2025 over the same month in the previous year. This dataset provides - Poland Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Hungary increased 7.80 percent in May of 2025 over the same month in the previous year. This dataset provides - Hungary Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Romania was forecast to have the highest real salary increase in the last quarter of 2024 of the 34 countries included. The salary increase in the European country was forecast to reach ** percent. Croatia and Serbia followed behind. On the other hand, Iceland and Japan were forecast to have a real wage growth of only *** percent.

In March 2025, inflation amounted to 2.4 percent, while wages grew by 4.3 percent. The inflation rate has not exceeded the rate of wage growth since January 2023. Inflation in 2022 The high rates of inflation in 2022 meant that the real terms value of American wages took a hit. Many Americans report feelings of concern over the economy and a worsening of their financial situation. The inflation situation in the United States is one that was experienced globally in 2022, mainly due to COVID-19 related supply chain constraints and disruption due to the Russian invasion of Ukraine. The monthly inflation rate for the U.S. reached a 40-year high in June 2022 at 9.1 percent, and annual inflation for 2022 reached eight percent. Without appropriate wage increases, Americans will continue to see a decline in their purchasing power. Wages in the U.S. Despite the level of wage growth reaching 6.7 percent in the summer of 2022, it has not been enough to curb the impact of even higher inflation rates. The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. There are discrepancies between states - the minimum wage in California can be as high as 15.50 U.S. dollars per hour, while a business in Oklahoma may be as low as two U.S. dollars per hour. However, even the higher wage rates in states like California and Washington may be lacking - one analysis found that if minimum wage had kept up with productivity, the minimum hourly wage in the U.S. should have been 22.88 dollars per hour in 2021. Additionally, the impact of decreased purchasing power due to inflation will impact different parts of society in different ways with stark contrast in average wages due to both gender and race.

Wages in Slovakia increased 1 percent in March of 2025 over the same month in the previous year. This dataset provides - Slovakia Real Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Average Hourly Earnings of All Employees, Total Private (CES0500000003) from Mar 2006 to Jun 2025 about earnings, average, establishment survey, hours, wages, private, employment, and USA.

In 2023, average monthly real wages in Russia increased by *** percent year-over-year. The real wage growth rate slowed down in recent years, gradually declining from *** percent in 2018.

Graph and download economic data for Employment Cost Index: Wages and Salaries: Private Industry Workers (ECIWAG) from Q1 2001 to Q1 2025 about cost, ECI, salaries, workers, private industries, wages, private, employment, industry, inflation, indexes, and USA.

Wages in the United Kingdom increased 5 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United Kingdom Average Weekly Earnings Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages for regular pay in the United Kingdom grew by approximately five percent in May 2025, although when adjusted for inflation, wages for regular pay only grew in real terms by 1.1 percent. Twenty months of inflation outpacing wages Between November 2021 and June 2023, inflation was higher than wage growth in the UK, resulting in falling real terms earnings throughout this 20-month period. While UK inflation peaked at 11.1 percent in October 2022, it was not until April 2023 that it fell below double figures, and not until May 2024 that it reached the Bank of England's target of two percent. Forecasts from the Autumn 2024 budget predict that the annual UK inflation for 2024 will be 2.5 percent, down from 7.3 percent in 2023 and 9.1 percent in 2022. Due to high inflation, the UK's minimum wage also rose quite significantly during this period, with the "main" rate increasing from 8.91 pounds per hour in 2021 to 12.21 pounds per hour in 2025. Average earnings and gender pay gap For full-time workers in the United Kingdom, the median average annual earnings was 37,430 British pounds in 2024, compared with 34,663 pounds in 2023. In London, average earnings were significantly higher than the rest of the country, at 47,455 pounds. Just two other areas of the United Kingdom, the South East and Scotland, had annual salaries above the UK average. North East England had the lowest average salary, at 32,960 pounds. As of 2024, the gender pay gap for median gross hourly earnings in the UK was 13.1 percent for all workers, falling to seven percent for full-time workers and -3 percent for part-time workers. Compared with 1997, when the gender pay gap was 27.5 percent for all workers, there has been a degree of progress, although, at current trends, it will be some time before the gap is closed entirely.

Wages in European Union increased 4.20 percent in March of 2025 over the same month in the previous year. This dataset provides - European Union Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Average weekly earnings for the whole economy, for total and regular pay, in real terms (adjusted for consumer price inflation), UK, monthly, seasonally adjusted.

Graph and download economic data for Average Hourly Earnings of All Employees, Leisure and Hospitality (CES7000000003) from Mar 2006 to Jun 2025 about leisure, hospitality, earnings, establishment survey, hours, wages, employment, and USA.

Wages in Czech Republic increased 3.90 percent in March of 2025 over the same month in the previous year. This dataset provides - Czech Republic Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Average Hourly Earnings of Production and Nonsupervisory Employees, Manufacturing (CES3000000008) from Jan 1939 to Jun 2025 about nonsupervisory, earnings, establishment survey, hours, wages, production, manufacturing, employment, and USA.

Average hourly and weekly wage rate, and median hourly and weekly wage rate by North American Industry Classification System (NAICS), type of work, gender, and age group.

As of 2023, the average annual wage of Germany was 48,301 euros per year, a growth of almost 6,000 Euros when compared with 2000. From 2000 until 2007, wages rose by less than a thousand euros, with wage growth accelerating mainly in the period after 2010. Comparisons with rest of the EU Within the European Union Luxembourg had an average annual salary of almost 80 thousand Euros, with Germany having an annual salary comparable to other large European Countries, such as the United Kingdom and France. In neighboring Poland, the average annual salary was just over 39 thousand U.S dollars, meaning that German’s earned, on average, 20 percent more than what their Polish counterparts did. German economy slowing in 2023 While Germany initially had one of the strongest recoveries from the 2008 financial crash and as of 2020 had the largest economy in Europe its economy has started to slow in recent years. For 2023 the German economy is contracted by 0.26 percent, and while 2024 marked a slight improvement, the expectations are that 2025 remains a year of slow growth.

As of 2023, Italy had the highest unemployment rate of the G7 countries, reaching 7.6 percent. Especially in Canada and the United States, the unemployment rate rose sharply in 2020 due to the COVID-19 outbreak. Japan had the lowest unemployment rate at just 2.6 percent. Slowed growth of the Japanese economy and society While Japan had the lowest unemployment rate, it also experienced a slow wage growth. Wages in Japan are known to be stagnant, with many workers going years without experiencing any wage growth in their roles. One contributing factor to its low unemployment rate is its shrinking population. As the population continues to decrease, there is less competition for work. However, this introduces other problems for Japanese society, as it also has a rapidly aging population that requires long-term care. Unemployment in Italy: The divide between Northern and Southern Italy Not only does Italy have the highest unemployment rate out of the G7, but it has the second-highest unemployment rate of Europe's largest economies. Furthermore, Italy has significant levels of youth unemployment, with the majority of youth unemployment lying within southern regions of the country. The economic divide between Northern and Southern Italy is significant, and can be attributed to differences in industralization and economic diversification. The prominence of this divide has had wider impacts on Italian politics and society.

Wages in Japan increased 1 percent in May of 2025 over the same month in the previous year. This dataset provides - Japan Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.