Wage Growth Around the World in 2018
Analyzing OECD data, the London-based Trades Union Congress (TUC) has prepared forecasts for wage growth in developed economies over the coming year. It's good news for a number of Eastern European countries, with Hungary, Latvia and Poland expected to see the largest increases at 4.9, 4.1 and 3.8 percent, respectively. Tougher times await those in the soon-to-be-divorced UK though, where real wages are projected to shrink by a potentially punishing 0.7 percent. The U.S. is on the positive side of the chart, with a 1.2 percent jump upwards predicted to be on its way.
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