Collective bargaining wages rose more sharply last year than in four decades. According to the Central Bureau of Statistics (CBS), collective bargaining wages increased by 6.1 percent on average. In the previous year, this rate was 3.2 percent on average. However, like last year, this is not enough to compensate for inflation.
State salaries increased by 7.0 percent. There was also a sharp increase in government jobs in 2022, but this was primarily due to education. In 2023, this increase’s relationship with some part of the government will decrease. The highest increase was seen in the salaries of those working in the transportation and storage sector, with 8.4 percent.
Yet few people will notice these wage increases because inflation is rising faster than wages. Although final figures for December are not yet available, a preliminary calculation shows that the Dutch had an average rate of 2.1 percent less. CBS numbers are valid only for individuals covered by a collective bargaining agreement. That’s nearly three-quarters of all employees.
Source: NOS
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
