Sharp differences in earnings growth across public services

Czech Republic

The latest figures from the Czech statistics agency show a significant gap in earnings growth between sectors with the electricity, gas and water industries recording the highest increase at 18.2% compared to the first quarter of 2007. In contrast the lowest increases were in public administration (3.0%) and health and social services (5.3%). With inflation over the period at 7.4% this means that real earnings growth in the utilities was 10.8% while public administration and health saw real earnings decline by 4.4% and 2.1% respectively.
Read more at > Czech statistics agency (EN)

More like this

Aug. 17, 2010

Sharp fall in growth as pension and salary cuts take effect

Greece

The latest figures for the Greek economy show that it is on course for a 4% fall in output this year while unemployment has risen sharply from 8.5% last year to 12.5% in May this year (the latest figures). However, the International Monetary Fund (IMF) believes that government reforms are on track. The IMF acknowledges that: “Employees and pensioners have contributed to the program in a major way by accepting painful reductions in wages and pensions.” However, the burden is not being equally shared as the IMF admits that: “It is absolutely vital to ensure that all other elements of Greek

 S
Jul. 17, 2006

Most minimum wages below 50% of average earnings

Europe

According to the latest Eurostat report on statutory minimum wages across Europe, only minimum wages in Luxembourg and Ireland are above 50% of national average earnings in each country. The report provides figures for minimum wage rates in each currency, converted into euros and also compared according to purchasing power parity. It also summarises information about how minimum wage rates are set and gives the proportion of workers in each country on the minimum wage. [Read more at > Eurostat (EN)->http://epp.eurostat.ec.europa.eu/cache/ITY_OFFPUB/KS-NK-06-009/EN/KS-NK-06-009-EN.PDF] [Or in

 S