Skip to content

News archive

Recent losses in real minimum wages have not eroded long-term gains in purchasing power

Recent losses in real minimum wages have not eroded long-term gains in purchasing power


While losses in real minimum wages have occurred in several countries across the European Union, these have not eroded the long-term gains of purchasing power that have occurred across the EU since 2013. In an effort to offset inflation, governments have significantly increased nominal minimum wages across Europe. In 2023, the median nominal increase was almost 11%, compared with just 5% in 2

Image © rh2010

Bulgaria noted impressive progress in poverty reduction and meeting medical needs prior to COVID-19 pandemic

Between 2008 and 2019, reported unmet medical needs in Bulgaria declined from 22.4% to 2.4%. One year after the country’s accession to the EU in 2007, Bulgaria had ranked last among the group of Member States but caught up by 2019 to perform above the EU average at 3.1%. Similarly, the AROPE rate, which is the number of people who are at risk of poverty, severely materially deprived, or living in

Show more

Eurofound, a tripartite European Union Agency, provides knowledge to assist in the development of social, employment and work-related policies

Eurofound (European Foundation for the Improvement of Living and Working Conditions) is a tripartite EU body, whose mission is to provide knowledge to assist in the development of better social, employment and work-related policies.

Eurofound

Wyattville Road
D18 KP65 Loughlinstown
Ireland