CAVOK@lemmy.world to Europe@feddit.deEnglish · 7 months agoUK workers must accept lower pay deals to help beat inflation, says Bank ratesetterwww.theguardian.comexternal-linkmessage-square22fedilinkarrow-up1125arrow-down13cross-posted to: world@lemmy.worldeurope@hexbear.netuk_politics@feddit.uk
arrow-up1122arrow-down1external-linkUK workers must accept lower pay deals to help beat inflation, says Bank ratesetterwww.theguardian.comCAVOK@lemmy.world to Europe@feddit.deEnglish · 7 months agomessage-square22fedilinkcross-posted to: world@lemmy.worldeurope@hexbear.netuk_politics@feddit.uk
minus-squareJaysyn@kbin.sociallinkfedilinkarrow-up1arrow-down4·7 months agoUS wages have gone up almost 10% in two years. Compensation costs for civilian workers increased 4.2 percent for the 12-month period ending in December 2023 and increased 5.1 percent in December 2022. Wages and salaries increased 4.3 percent for the 12-month period ending in December 2023 and increased 5.1 percent for the 12-month period ending in December 2022.
minus-squareFlipper@feddit.delinkfedilinkEnglisharrow-up6·7 months agoI don’t know about the us, but Germany had an inflation of 10% last year. Suddenly the rise of 10% over 2 years doesn’t look so big.
US wages have gone up almost 10% in two years.
Compensation costs for civilian workers increased 4.2 percent for the 12-month period ending in December 2023 and increased 5.1 percent in December 2022. Wages and salaries increased 4.3 percent for the 12-month period ending in December 2023 and increased 5.1 percent for the 12-month period ending in December 2022.
I don’t know about the us, but Germany had an inflation of 10% last year. Suddenly the rise of 10% over 2 years doesn’t look so big.