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Tackling rising inflation in sectoral collective wage bargaining [1]

After a long period of price stability, inflation has made a remarkable comeback in the EU. In the aftermath of the COVID-19 pandemic, the energy crisis spurred by Russia’s war of aggression against Ukraine and the disruption of the international supply chain, among other factors, have driven up the prices of commodities and goods. While nominal wages picked up in 2021 and 2022, real wage growth has remained below inflation, affecting mainly low-income groups.

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συλλογικές διαπραγματεύσεις [2]
Πληθωρισμός [3]

Global Wage Report 2022-23: The impact of inflation and COVID-19 on wages and purchasing power [4]

This ILO flagship report examines the evolution of real wages, giving a unique picture of wage trends globally and by region.

The 2022-23 edition also includes evidence on how wages have evolved through the COVID-19 crisis as well as how the current inflationary context is biting into real wage growth in most regions in the world. The report shows that for the first time in the twenty-first century real wage growth has fallen to negative values while, at the same time, the gap between real productivity growth and real wage growth continues to widen.

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Μισθοί [5]
ILO [6]
Covid-19 [7]
Πληθωρισμός [3]

How to ensure adequate minimum wages in an age of inflation [8]

Minimum wages have risen significantly in 2022, as the EU Member States leave behind the cautious mood of the pandemic. However, rising inflation is eating up these wage increases, and only flexibility in the regular minimum wage setting processes may avoid generalised losses in purchasing power among minimum wage earners.

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Κατώτατος μισθός [9]
Μισθοί [5]
Πληθωρισμός [3]
Ευρωπαϊκή Ένωση [10]

Σύνδεσμοι
[1] https://www.omed.gr/el/content/tackling-rising-inflation-sectoral-collective-wage-bargaining [2] https://www.omed.gr/el/taxonomy/term/15 [3] https://www.omed.gr/el/tags/%CF%80%CE%BB%CE%B7%CE%B8%CF%89%CF%81%CE%B9%CF%83%CE%BC%CF%8C%CF%82 [4] https://www.omed.gr/el/content/global-wage-report-2022-23-impact-inflation-and-covid-19-wages-and-purchasing-power [5] https://www.omed.gr/el/tags/%CE%BC%CE%B9%CF%83%CE%B8%CE%BF%CE%AF [6] https://www.omed.gr/el/tags/ilo [7] https://www.omed.gr/el/tags/covid-19 [8] https://www.omed.gr/el/content/how-ensure-adequate-minimum-wages-age-inflation [9] https://www.omed.gr/el/tags/%CE%9A%CE%B1%CF%84%CF%8E%CF%84%CE%B1%CF%84%CE%BF%CF%82-%CE%BC%CE%B9%CF%83%CE%B8%CF%8C%CF%82 [10] https://www.omed.gr/el/tags/%CE%95%CF%85%CF%81%CF%89%CF%80%CE%B1%CF%8A%CE%BA%CE%AE-%CE%88%CE%BD%CF%89%CF%83%CE%B7