Wages & salaries in the European Union increased 3.1 percent year-on-year in the second quarter of 2019. Wage Growth in European Union averaged 2 percent from 2009 until 2019, reaching an all time high of 3.60 percent in the second quarter of 2009 and a record low of 0.90 percent in the third quarter of 2010.

Wage Growth in European Union is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in European Union to stand at 2.50 in 12 months time. In the long-term, the European Union Wage Growth is projected to trend around 2.70 percent in 2020, according to our econometric models.

European Union Wage Growth
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European Union Labour Last Previous Highest Lowest Unit
Unemployed Persons 15613.00 15586.00 26614.00 15586.00 Thousand [+]
Long Term Unemployment Rate 2.70 2.80 5.30 2.40 percent [+]
Labour Costs 110.70 102.60 110.70 84.10 Index Points [+]
Unemployment Rate 6.30 6.30 11.00 6.30 percent [+]
Wage Growth 3.10 2.90 3.60 0.90 percent [+]
Youth Unemployment Rate 14.30 14.20 24.00 14.20 percent [+]
Labor Force Participation Rate 57.90 58.10 58.20 56.30 percent [+]
Part Time Employment 43256.20 43046.00 43395.50 31484.60 Thousand [+]
Population 512.38 511.37 512.38 406.73 Million [+]
Productivity 106.40 105.50 108.90 83.70 Index Points [+]
Retirement Age Men 64.28 64.21 64.28 62.57 [+]
Retirement Age Women 63.44 63.31 63.44 61.24 [+]
Employed Persons 230356.80 231342.70 232104.10 213005.80 Thousand [+]
Employment Change 0.30 0.30 0.50 -0.70 percent [+]
Full Time Employment 180946.00 182089.80 183385.30 167303.40 Thousand [+]


European Union Wage Growth

This page provides - European Union Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Wage Growth - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.10 2.90 3.60 0.90 2009 - 2019 percent Quarterly
WDA




Country Last Previous
Argentina 2.60 Jun/19
Australia 2.30 Jun/19
Canada 2.50 Jun/19
Euro Area 2.70 Jun/19
France 0.80 Mar/19
Germany 1.30 Jun/19
Italy 0.70 Jul/19
Japan -0.30 Jul/19
Netherlands 2.68 Aug/19
Russia 3.00 Aug/19
Spain 4.92 Jul/19
Switzerland 0.50 Jun/19
United Kingdom 4.00 Jul/19
United States 5.20 Jul/19


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