Global Wages Plummet Post-Pandemic
This is a Ukraine news story, published by Statista, that relates primarily to OECD news.
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low real wagesStatista
•Infographic: Half of OECD Countries Earn Less Now Than Pre-Pandemic
88% Informative
Around half of OECD countries are earning less now than they had before the pandemic.
After the invasion of Ukraine by Russia in early 2022 , most workers around the world took a hit to their real wages.
Finland , Italy , the Czech Republic , Sweden and New Zealand were hardest hit by this phenomenon.
The United States fared better than others as real wages were just 0.8% lower in Q1 of 2024 than Q4 of 2019 .
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