Real wages have grown on an annual basis over the last two months for the first time in 26 months. The US also leads the G7 countries in GDP growth and one measure of inflation. Real wages in the US were 5.8% higher in 2022 compared with 2019, followed by Canada at 4.7%. The other G7 countries were all in the negatives for this time period. Other European countries including Spain and Greece have also seen real wages fall, according to the OECD.

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Persons: Darren Grant Organizations: Service, US, Organisation for Economic Co, OECD, Sam Houston State University, Federal, Consumers Locations: Wall, Silicon, Canada, Italy, Germany, Spain, Greece