Wages in European Union increased 2.80 percent in September of 2022 over the same month in the previous year. source: EUROSTAT

Wage Growth in European Union averaged 2.26 percent from 2010 until 2022, reaching an all time high of 4.10 percent in the first quarter of 2020 and a record low of 0.00 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 February of 2023.

Wage Growth in European Union is expected to be 2.60 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 1.80 percent in 2024 and 2.60 percent in 2025, according to our econometric models.

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European Union Wage Growth

Related Last Previous Unit Reference
Unemployed Persons 13148.00 12950.00 Thousand Dec 2022
Long Term Unemployment Rate 2.30 2.40 percent Sep 2022
Labour Costs 115.40 121.10 points Sep 2022
Youth Unemployment Rate 15.00 15.10 percent Dec 2022
Unemployment Rate 6.10 6.00 percent Dec 2022
Part Time Employment 34426.00 35009.00 Thousand Sep 2022
Full Time Employment 163672.10 162481.40 Thousand Sep 2022
Employment Change 0.20 0.30 percent Sep 2022
Employed Persons 198229.00 197616.00 Thousand Sep 2022
Wage Growth 2.80 3.60 percent Sep 2022
Labor Force Participation Rate 74.80 74.60 percent Sep 2022
Productivity 106.72 106.10 points Sep 2022
Population 447.00 447.32 Million Dec 2021