Living-Wage-Gap and Equalisation analysis, vis-à-vis the U.S. for selected European economies – for all employed in the manufacturing sector– in PPP for private consumption terms 1996-2017

Abstract

2017 is the first year in the 22-year span in this report that US hourly wage rates dropped (0,9%). This enabled the vast majority of countries to reduce their comparative wage gaps or increase their surpluses in their manufacturing wage Eq-Index or at least keep their position. This allowed most countries in the region to improve their living wage equalisation position to improve.