Posted in WP-8

Wage Growth Has Slowed but Remains High in Much of Europe – And Looks Poised To Stay That Way in the Near Term

We expect annual growth in compensation per employee in the euro area to rise to 5.0% in the second quarter of 2024 before declining further. Key Points: Wages in job postings, as measured by the Indeed Wage Tracker, grew at an annual rate of 3.1% in the US, 7.0% in the UK and 3.7% in …

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Continue Reading... Wage Growth Has Slowed but Remains High in Much of Europe – And Looks Poised To Stay That Way in the Near Term