#RealWages

3 months ago

This map reveals how hourly compensation has evolved for dependent employees across European countries. Data: OECD

Real hourly wages across Europe from 2007 untill 2024 (OECD Data). A story of growth, stagnation and crisis effects.
Full article:
sleuthingmaps.com/OECD-wages
#RealWages #DataVisualization #Maps #OECD

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Gillian Martin

@gillmartin.bsky.social

3 months ago

2.7 million people who qualify for Universal Credit are in work, but receive such a low income that tax payers need to pay them enough to survive. It's not people on benefits who are freeloading off us, it is businesses paying their workers too little.
#wealthtax #realwages #workersunite #joinaunion

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Joey The Butcher

@joeythebutcher.bsky.social

5 months ago

Moving to California is looking better and better... #MO #RealWages #Union

A strong labor force means a strong country. Would YOU be afraid of an army of CEOs? #NoKings

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Profit Trading USA

@profittradingusa.bsky.social

6 months ago

Japan July real wages turn positive for first time in 7 months TOKYO (Reuters) -Japanese real wages turned positive for the first time in seven months on the back of hefty summertime bonuses, but elevated inflation added to pressure on consumption, data showed on Friday. Inflation-adjusted real wages, a key determinant of households’ purchasing power, edged up 0.5% in July from a year earlier, the first increase since December last year when they inched up by 0.3%. Special payments, including the bonuses, jumped 7.9%, labour ministry data showed. "The significant contribution to real wage growth comes from factors such as bonus increases and the steady rise in regular wages," a labour ministry official said. The consumer inflation rate the ministry uses to calculate real wages, which includes fresh food prices but not rent costs, rose 3.6% year-on-year in July. While it rose at the slowest pace since November last year, it far exceeds the Japanese central bank’s 2% inflation target. Regular pay, or base salary, grew 2.5% in July, the fastest rise in seven months. Overtime pay, a barometer of strength in corporate activity, rose 3.3%, the highest since November 2022. Total cash earnings, or nominal pay, increased 4.1% to 419,668 yen ($2,848.49) in July, the fastest growth in seven months. Major Japanese firms on average agreed to pay hikes of more than 5% during annual spring wage talks this year. Bank of Japan Governor Kazuo Ueda said last month that wage hikes were spreading beyond large firms and likely to keep accelerating due to a tightening job market, but there are lingering worries that the U.S. tariffs would cause a global economic slowdown and squeeze corporate profits. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. ($1 = 147.3300 yen) AI computing powers are changing the stock market. Investing.com's ProPicks AI includes dozens of winning stock portfolios chosen by our advanced AI. Year to date, 3 out of 4 global portfolios are beating their benchmark indexes, with 98% in the green. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Which stock will be the next to soar?

Click Subscribe. #Japan #RealWages #Economy #WageGrowth #FinanceNews

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Casual Duchess survived the British aristocracy and US PTA

@casualduchess.bsky.social

7 months ago

Lazy Americans accused immigrants of taking their jobs. Time to get in shape MAGA. The food isn’t going to harvest itself & when you lose Medicare for “anxiety” by #BBB the bills will still have to be paid. #TariffTaxes raise the costs & your #RealWages decrease because you voted for #TrumpEpstein.

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Profit Trading USA

@profittradingusa.bsky.social

7 months ago

Japan’s real wage falls for sixth straight month in June By Satoshi Sugiyama TOKYO (Reuters) -Japan’s real wages fell in June for the sixth consecutive month as inflation continued to outpace pay growth, government data showed on Wednesday, raising concerns about consumption-led recovery in the world’s fourth-largest economy. Inflation-adjusted real wages, a key determinant of households’ purchasing power, fell 1.3% in June from a year earlier, following a revised 2.6% drop in May. While June’s drop in real wages was the slowest since January, it highlights broader pressures on consumption. Core inflation has exceeded the Bank of Japan’s (BOJ) target, potentially giving the central bank leeway to raise interest rates as it unwinds years of loose monetary policy, but factors such as geopolitics and tariffs are looming economic risks. The consumer inflation rate the ministry uses to calculate real wages, which includes fresh food prices but not rent costs, rose 3.8% year-on-year in June, the lowest in seven months. Although special payments grew by 3% in June from the previous year due to summertime bonuses, they failed to keep up with a rise in inflation, a labour ministry official said. Total cash earnings, or nominal pay, increased 2.5% to 511,210 yen ($3,476) in June, picking up pace from a revised 1.4% rise in May and the fastest rise in four months. Regular pay, or base salary, rose 2.1% in June, while overtime pay edged up 0.9%. Major Japanese firms on average agreed to pay hikes of more than 5% during annual spring wage talks. The labour ministry had said previously the result may not be significantly reflected in the wage statistics until summer. Smaller firms, which lack labour unions, are slower to implement pay hikes compared with larger corporations. Wage trends, crucial to sustaining the momentum in consumption, are among key factors the BOJ is monitoring to determine the timing of the next rate hike. The BOJ last week kept its short-term interest rate steady at 0.50%, and said Japan will see rising wages and prices push underlying inflation towards the central bank’s 2% target. At the same time, the central bank downgraded its assessment of consumption for the first time since March last year, and warned it would stagnate for the time being, squeezed by higher prices. ($1 = 147.0800 yen) Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks – 6 model portfolios fueled by AI stock picks with a stellar performance this year.. In 2024 alone, ProPicks' AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if 8301 is on your watchlist, it could be very wise to know whether or not it made the ProPicks lists.

Click Subscribe. #Japan #RealWages #Economy #LaborMarket #Inflation

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Casual Duchess survived the British aristocracy and US PTA

@casualduchess.bsky.social

7 months ago

We are humans with basic needs & the gvt should provide that for all. Those who chose MAGA did so because they felt left behind. Dems went to extremes w/DEIA while Republicans went to extremes w/fascism but groups like Christian Nationalists & Heritage want total gvt control. #TaxTheRich #RealWages

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Profit Trading USA

@profittradingusa.bsky.social

8 months ago

Japan’s May real wages fall the most in nearly two years TOKYO (Reuters) -Japanese real wages in May fell at the fastest pace in nearly two years as persistent inflation continued to outpace wage growth and hinder consumption-led growth in the world’s fourth-largest economy, government data showed on Monday. While a labour group report last week showed unionised Japanese workers had their biggest average pay hike in 34 years, the feeble broader wage data spells concerns about Japan’s economic recovery amid uncertainties over U.S. trade tariffs. Inflation-adjusted real wages fell 2.9% in May from a year earlier, following a revised 2.0% drop in April, and the steepest decline in 20 months, labour ministry data showed. Real wages, a key determinant of households’ purchasing power, fell for the fifth consecutive month. The consumer inflation rate the ministry uses to calculate real wages, which includes fresh food prices but not rent costs, rose 4.0% year-on-year in May. That far outpaced growth of nominal pay, or total average cash earnings, which rose 1.0% to 300,141 yen ($2,080) in May, decelerating significantly from a revised 2.0% gain in April and the slowest since March 2024. The main culprit behind the nominal pay growth slowdown was an 18.7% fall in special payments, which are mainly made up of volatile one-off bonuses, according to a labour ministry official. Meanwhile, regular pay or base salary increased 2.0% in May, and overtime pay rose 1.0%, both slowing compared to April. The result of spring labour negotiations may not be significantly reflected in the wage statistics until summer, the official said, adding many respondents in the government survey are small firms that have no labour unions and are slower to adopt pay hikes than big corporations. Data last week showed Japanese household spending surged in May at the fastest pace in nearly three years, offering some hope that consumption might be turning a corner despite cost pressures and wage-inflation gap. Wage trends remain crucial for sustaining this consumption momentum and are among the key factors the Bank of Japan (BOJ) is monitoring to determine the timing of the next interest rate hike. But uncertainties around trade conditions and the global economy threaten the outlook. The looming U.S. tariffs on Japanese exports could squeeze corporate profits, potentially undermining future wage growth and complicating the BOJ’s monetary policy normalization schedule. ($1 = 144.2500 yen)

Click Subscribe. #Japan #Economy #RealWages #WageGrowth #EconomicTrends

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Thomas MORE

@thomamore.bsky.social

9 months ago

Image from image_1.jpg

The OECD's Taxing Wages 2025 report highlights income disparities in 27 European countries for 2024, noting declines in Italy and France despite wage increases. Effective tax reforms in the UK and Portugal boosted post-tax incomes.

#RealWages #Taxation #EconomicAnalysis

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RichardJR

@electricbluesfan.bsky.social

9 months ago

5/12 Workers endured a 10% decline in real wages over the last decade—worse than any other province. Minimum wages haven't budged in seven years despite highest living costs in Canada.

#RealWages #MinimumWage

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@coupdegraz7.bsky.social

9 months ago

#auspol #realwages #RBAinterstrates

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Owen

@owenlavine.bsky.social

10 months ago

#realwages

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Profit Trading USA

@profittradingusa.bsky.social

10 months ago

Click Subscribe. #Japan #RealWages #Economy #OvertimePay #WageGrowth

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@countbern.bsky.social

10 months ago

#technology + #productivity + #freetade + mass #immigration and population growth = possible toxic mix for #labor #realwages. Maybe unclear #tariffs protect #realwages, but maybe #tariffs do. #econsky

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CTrend FX - Algorithmic Trading Solutions

@ctrendfx.bsky.social

11 months ago

Japan data - February real wages decline again, -1.2% y/y (2nd time in a row) Japan’s inflation-adjusted real wages fell 1.2% year-on-year in February, marking the second consecutive monthly decline. The drop follows a revised 2.8% fall in January and highlights the continued pressure on household purchasing power from elevated inflation. The consumer inflation rate used to calculate real wages — which includes fresh food but excludes rent — rose 4.3% in February, only slightly easing from January’s 4.7%. Despite nominal income growth, this persistent inflation eroded wage gains. Total cash earnings, or nominal wages, rose 3.1% year-on-year in February, accelerating from a revised 1.8% increase in January. The figure was supported by a surge in special payments, such as bonuses, which jumped 77.4% compared to the previous year. Overtime pay, often seen as an indicator of business activity, climbed 2.2% in February, up from January’s revised 1.5%. Regular pay, however, rose at a slower pace of 1.6%, down from 2.1% in the previous month. Looking ahead, wage data may strengthen from April onwards, as the effects of this year’s spring wage negotiations take hold. According to Rengo, Japan’s largest trade union federation, companies have agreed to an average pay hike of 5.4% in 2025 — the biggest increase in over three decades. This article was written by Eamonn Sheridan at www.forexlive.com.

| ctrendfx.com | bit.ly/CTrendFX1 #Japan #RealWages #Inflation #Economy #ConsumerPriceIndex

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Profit Trading USA

@profittradingusa.bsky.social

11 months ago

Japan’s Feb real wages down for 2nd straight month as inflation bites TOKYO (Reuters) - Japanese real wages dropped for a second straight month in February due to higher inflation, labour ministry data showed on Monday, amid broader worries in Japan about the impact of U.S. tariffs. U.S. President Donald Trump’s sweeping tariffs announced last week have sparked fears of a slowdown in the global economy that could dampen Japan’s fragile recovery. Prime Minister Shigeru Ishiba on Thursday promised measures to help domestic industry deal with the fallout of Trump’s tariffs. Inflation-adjusted real wages, a barometer of consumer purchasing power, declined 1.2% in February from a year earlier after a revised 2.8% drop in January, labour ministry data showed. The consumer inflation rate the ministry uses to calculate real wages, which includes fresh food items but not rent costs, grew 4.3% year-on-year, easing only slightly from a 4.7% gain in January. Japan’s ruling coalition and the opposition Democratic Party for the People (DPP) agreed on Friday to curb gasoline prices to help ease the burden on consumers from wider economic pain stemming from U.S. tariffs. Regular pay, or base salary, rose 1.6% in February, slowing from a 2.1% rise in January, the data showed. Overtime pay, a barometer of corporate activity strength, rose 2.2% in February, after a revised 1.5% increase in January. Total average cash earnings, or nominal pay, increased 3.1% to 289,562 yen ($1,981) for the month, after a revised 1.8% rise in January, helped by the gains in special payments. Special payments - mainly made up of volatile one-off bonuses - jumped 77.4%, data showed. Japanese companies have agreed to raise pay by an average of 5.4% this year, the biggest pay hike in more than 30 years, the country’s largest union umbrella group Rengo said. ($1 = 146.1900 yen)

Click Subscribe. #Japan #RealWages #Inflation #EconomicNews #CostOfLiving

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Kyle Martelle

@kylemartelle.bsky.social

11 months ago

Labor to ask Fair Work for 'sustainable real wage increase' for award workers As Labor makes a pitch to minimum-wage workers, the Coalition proposes a new government agency to attract private investment to Australia.

The effect of this type of policy is good for all workers who tend to struggle to exceed inflation. Hits close to home for me as a teacher. Over the past 3 years, I've experienced a real wage loss of 10%. #realwages #teacher #auselection

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Custone

@custone.bsky.social

11 months ago

#OpposingTyranny is clearly now essential in candidates for Democratic leadership. Shouldn’t we also insist on more?

#RealWages haven’t increased, nor has #PersonalDebt gone down, since the 1970s. #CareCrisis, #HousingCost, #ClimateCrisis are worsening. Solutions might expand our party’s appeal.

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OECD Social

@oecdsocial.bsky.social

1 year ago

#RealWages are now rising in almost all OECD countries, but in two-thirds of them, workers still haven’t regained the purchasing power lost since early 2021.

See the latest trends: www.oecd.org/en/publicati...

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