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posted on 29 July 2016

UK And Greece Come Bottom For Wage Growth

by Felix Richter,

-- this post authored by Niall McCarthy

According to a report by the TUC, real wages have fallen 10 percent in Britain since the financial crisis, a worse decline than any other advanced country other than Greece.

Real wages - income from work adjusted for inflation - grew by 23 percent in Poland, 13.9 percent in Germany and 6.4 percent in the United States between 2007 and 2015. During the same period, the UK, Greece and Portugal were the only OECD nations that experienced a decline in real wages.

This chart shows the percentage change in real wages from Q4 2007 to Q4 2015.

Infographic: UK & Greece Come Bottom For Wage Growth | Statista

You will find more statistics at Statista.

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