Wages fell by 0.7% and 0.8% in real terms in 2020, according to data from the OECD and the Economic Research Institute (Wifo). According to Wifo, since 2010 there have been five years with real wage losses. It was added that real wages will probably fall by 0.9% in 2021, and no recovery is expected for 2022.
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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.