Wages and salaries in the European Union increased 2 percent year-on-year in the fourth quarter of 2021, following a 2.8 percent rise in the previous three-month period. source: EUROSTAT

Wage Growth in European Union averaged 2.19 percent from 2010 until 2021, reaching an all time high of 5.40 percent in the second quarter of 2020 and a record low of 0 percent in the second quarter of 2021. This page provides - European Union Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Wage Growth - values, historical data and charts - was last updated on October of 2022.

Wage Growth in European Union is expected to be 4.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Wage Growth is projected to trend around 2.30 percent in 2023 and 2.10 percent in 2024, according to our econometric models.

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European Union Wage Growth

Related Last Previous Unit Reference
Unemployed Persons 12921.00 12959.00 Thousand Aug 2022
Long Term Unemployment Rate 2.60 2.60 percent Mar 2022
Labour Costs 120.30 110.00 points Dec 2021
Youth Unemployment Rate 13.80 14.00 percent Aug 2022
Unemployment Rate 6.00 6.00 percent Aug 2022
Productivity 105.62 105.21 points Jun 2022
Full Time Employment 160435.20 160668.50 Thousand Mar 2022
Employment Change 0.40 0.40 percent Mar 2022
Employed Persons 195061.00 195503.00 Thousand Mar 2022
Part Time Employment 34496.00 34716.60 Thousand Mar 2022
Wage Growth 2.00 2.80 percent Dec 2021
Population 447.00 447.32 Million Dec 2021
Labor Force Participation Rate 74.30 73.60 percent Sep 2021