Map reveals wage trends across Europe

Europe
The ETUI has produced an interactive map that presents a range of economic and wage data for countries across Europe. It shows that most countries (15 out of 27) have seen falling real wages. The most dramatic decline of real wages since the onset of the crisis took place in those countries that were subject to financial bailout programmes. There has also been a decline in real hourly minimum wages affecting the most vulnerable part of the workforce, with the highest decline in the programme countries. The map also shows how the wage share has fallen in the majority of EU countries indicating a redistribution of income from labour to capital. [Read more at > ETUI (EN)->http://www.etui.org/News/ETUI-wage-map-shows-failure-of-EU-s-wage-cutting-austerity-policies]

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