
23 Jul 2023 à 12:03
Patrimony & personal finance
Inflation hits real wages even as OECD jobs market remains tight
Unemployment in OECD countries, at 4.8% for the third consecutive month in May 2023, is at its lowest level since the early 1970s, with OECD-wide employment projected to continue to expand in 2023 and 2024. However, nominal wage growth, which rose 5.8% between Q1 2022 and Q1 2023, has been outpaced by inflation in 30 of 34 countries with available data, which means real wages...