Real wages continue to recover. The OECD Wage Bulletin
Organisation for Economic Co-operation and Development, Paris
OECD Publishing - Paris
2025
16 p.
wages ; low wages ; inflation ; purchasing power
Wages and wage payment systems
https://doi.org/10.1787/8f8ec0e4-en
English
Bibliogr.
"Real wages are now growing in virtually all OECD countries. However, they remain below the levels seen in early 2021 – just before the post-pandemic inflation surge – in around two thirds of them. The wages of the lowest-paid workers have proved more resilient: the real statutory minimum wage was higher in January 2025 than in January 2021 in virtually all of the 30 OECD countries with a national minimum wage. As real wages continue to recover, unit profits continue to lose the ground gained during the post-pandemic inflation surge. This reflects the catching-up of purchasing power by wages, and should not be seen as a warning sign of price wage spirals."
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