Euro Area Wage Growth

Wages and salaries per hour worked in the Euro Area increased by 1.9 percent year-on-year in the second quarter of 2018, following a 1.8 percent gain in the previous period. Wage Growth in the Euro Area averaged 1.77 percent from 2009 until 2018, reaching an all time high of 3.40 percent in the second quarter of 2009 and a record low of 0.80 percent in the third quarter of 2010.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-03-16	10:00 AM	Wage Growth YoY	1.7%	1.6%	1.8%	1.7%
2018-06-15	09:00 AM	Wage Growth YoY	1.8%	1.6%		1.8%
2018-09-14	09:00 AM	Wage Growth YoY	1.9%	1.8%		2%
2018-12-14	10:00 AM	Wage Growth YoY		1.9%		2.2%

Euro Area Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	8.10	8.10	12.10	7.30	percent	[+]
Unemployed Persons	13063.00	13061.00	19193.00	11403.00	Thousand	[+]
Employed Persons	157.97	157.39	157.97	117.36	Million	[+]
Long Term Unemployment Rate	3.90	4.10	6.30	2.70	percent	[+]
Youth Unemployment Rate	16.80	16.80	24.70	14.80	percent	[+]
Productivity	105.20	105.20	105.20	82.60	Index Points	[+]
Labour Costs	113.70	102.60	114.00	85.10	Index Points	[+]
Wage Growth	1.90	1.80	3.40	0.80	percent	[+]
Population	340.72	339.88	340.72	260.38	Million	[+]
Employment Change	0.20	0.40	0.80	-0.70	percent	[+]
Part Time Employment	31590.10	31245.90	31590.10	19769.20	Thousand	[+]
Labor Force Participation Rate	57.20	57.00	57.30	55.00	percent	[+]
Full Time Employment	115128.40	113849.60	118899.50	107478.10	Thousand	[+]
Retirement Age Men	64.36	64.27	64.36	62.24		[+]
Retirement Age Women	63.96	63.86	63.96	61.66		[+]

In the Euro Area, wage growth refers to the change in the total remuneration, in cash or in kind, payable to all persons counted on the payroll (including home workers), in return for work done during the accounting period, regardless of whether it is paid on the basis of working time, output or piecework and whether it is paid regularly. This page provides the latest reported value for - Euro Area Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Wage Growth - actual data, historical chart and calendar of releases - was last updated on November of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.90	1.80	3.40	0.80	2009 - 2018	percent	Quarterly	WDA

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Country	Last		Previous	Highest	Lowest
Argentina	2.84	Aug/18	2.37	6.33	0.74	%	Monthly
Australia	2.30	Sep/18	2.1	4.3	1.9	%	Quarterly
Euro Area	1.90	Jun/18	1.8	3.4	0.8	%	Quarterly
France	0.40	Jun/18	0.7	1	0.1	%	Quarterly
Germany	0.50	Jun/18	1.1	2.7	-1.4	%	Quarterly
Italy	1.90	Aug/18	2	15.8	0.3	%	Monthly
Japan	1.10	Sep/18	0.8	35.02	-7.1	%	Monthly
Netherlands	2.27	Oct/18	2.09	4.71	0.44	%	Monthly
Russia	7.20	Sep/18	6.8	27.2	-41.4	%	Monthly
Switzerland	0.80	Jun/18	0.8	7.8	0.1	%	Quarterly
United Kingdom	3.00	Sep/18	2.8	6.6	-2.6	%	Monthly
United States	4.79	Aug/18	4.66	13.78	-5.88	%	Monthly