Wages in the European Union increased 2.7 percent year-on-year in the third quarter of 2018, following a 2.8 percent growth in the previous period. Wage Growth in European Union averaged 1.94 percent from 2009 until 2018, 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 2.60 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 2.60 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 15907.00 16012.00 26608.00 15907.00 Thousand [+]
Long Term Unemployment Rate 2.80 3.00 5.30 2.40 percent [+]
Labour Costs 109.50 114.60 114.60 88.20 Index Points [+]
Unemployment Rate 6.40 6.50 11.00 6.40 percent [+]
Wage Growth 2.70 2.80 3.60 0.90 percent [+]
Youth Unemployment Rate 14.50 14.60 24.00 14.50 percent [+]
Labor Force Participation Rate 58.20 58.10 58.20 56.30 percent [+]
Part Time Employment 42491.90 43379.70 43379.70 31484.60 Thousand [+]
Population 512.60 511.52 512.60 406.73 Million [+]
Productivity 108.90 105.70 108.90 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 231342.70 232070.40 232070.40 213001.50 Thousand [+]
Employment Change 0.30 0.20 0.50 -0.70 percent [+]
Full Time Employment 183369.10 181040.90 183369.10 167303.60 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.80 3.60 0.90 2009 - 2018 percent Quarterly
WDA




Country Last Previous
Argentina 2.74 Feb/19
Australia 2.30 Mar/19
Canada 1.10 Feb/19
Euro Area 2.30 Dec/18
France 0.40 Jun/18
Germany 1.40 Dec/18
Italy 1.50 Mar/19
Japan -1.90 Mar/19
Netherlands 2.34 Apr/19
Russia 1.60 Apr/19
Switzerland 0.50 Mar/19
United Kingdom 3.20 Mar/19
United States 4.19 Mar/19


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