BUSINESSFINANCIAL TIMES WORLD
Real wages start to shrink in developed countries
Real wages in developed countries are shrinking as the Strait of Hormuz crisis drives up prices, outpacing pay increases in the US, UK, and other regions.
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Adjacent reporting
- Despite growth and pay rises, Greek workers are among the poorest in Europe
- Pay for American workers is lagging inflation — again
- CEO pay soared in 2025, 20 times faster than workers’ pay
- War worsens Lebanon’s economic crisis with job losses, price gouging and slow business
- America's paycheck nightmare is back as inflation wipes out wage gains - and small print in today's report exposes worst price shocks
- Could Iran’s escalating economic crisis weaken negotiating position with US?