European Union Wage Growth

Wages in European Union increased 2.70 percent in March of 2019 over the same month in the previous year. Wage Growth in European Union averaged 1.97 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 2.70 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 2.70 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.

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European Union Labour	Last	Previous	Highest	Lowest	Unit
Unemployed Persons	15653.00	15802.00	26608.00	15653.00	Thousand	[+]
Long Term Unemployment Rate	2.80	2.80	5.30	2.40	percent	[+]
Labour Costs	102.50	110.30	110.30	84.10	Index Points	[+]
Unemployment Rate	6.30	6.40	11.00	6.30	percent	[+]
Wage Growth	2.70	3.00	3.60	0.90	percent	[+]
Youth Unemployment Rate	14.30	14.20	24.00	14.20	percent	[+]
Labor Force Participation Rate	58.10	58.20	58.20	56.30	percent	[+]
Part Time Employment	43046.00	42508.50	43395.50	31484.60	Thousand	[+]
Population	512.60	511.52	512.60	406.73	Million	[+]
Productivity	105.50	108.90	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	232070.40	213001.50	Thousand	[+]
Employment Change	0.30	0.20	0.50	-0.70	percent	[+]
Full Time Employment	182089.80	183385.30	183385.30	167303.40	Thousand	[+]

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 July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.70	3.00	3.60	0.90	2009 - 2019	percent	Quarterly	WDA

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Country	Last		Previous	Range
Argentina	2.77	Apr/19	3.58	6.33 : 0.74	%
Australia	2.30	Mar/19	2.3	4.3 : 1.9	%
Canada	2.90	Apr/19	1.8	5.5 : -0.4	%
Euro Area	2.50	Mar/19	2.3	3.4 : 0.8	%
France	0.80	Mar/19	0.2	1 : 0.1	%
Germany	1.20	Mar/19	1.4	6 : -2.7	%
Italy	1.60	May/19	1.5	15.8 : 0.3	%
Japan	-0.20	May/19	-0.3	35.02 : -7.1	%
Netherlands	2.34	Jun/19	2.16	4.71 : 0.44	%
Russia	2.80	May/19	3.1	27.2 : -41.4	%
Spain	4.62	May/19	4.08	9.03 : -7.18	%
Switzerland	0.50	Mar/19	0.5	7.8 : 0.1	%
United Kingdom	3.40	May/19	3.2	6.6 : -2.6	%
United States	3.59	May/19	3.56	13.78 : -5.88	%