WSI-Mindestlohnbericht 2019: Zeit für kräftige Lohnzuwächse und eine europäische Mindestlohnpolitik
Thorsten Schulten and
Malte Lübker
Authors registered in the RePEc Author Service: Malte Luebker
WSI-Mitteilungen, 2019, vol. 72, issue 2, 133-141
Abstract:
The time has come for substantial wage gains and a European minimum wage policy Over the past few years, the potential of minimum wages as an instrument towards safeguarding adequate living wages has been increasingly recognised in the political discourse. Against this backdrop, the WSI Minimum Wage Report 2019 tracks current developments in all 22 EU Member States that set a statutory minimum wage, as well in 15 neighbouring countries in the EU and beyond. The report shows that the dynamic growth of minimum wages observed in the past extends into 2019, leading to a median increase of 4.8 per cent in the European Union. The trend is driven by further catch-up growth in Eastern Europe, and also by a substantial minimum wage adjustment in Spain. Averaging across the EU, minimum wages are now equivalent to just over 50 per cent of median wages. However, they still fall far short of the conventional low-pay threshold. A further increase is therefore one of the major objectives of a coordinated European minimum wage policy.
Date: 2019
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DOI: 10.5771/0342-300X-2019-2-133
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