On 18 December 2008, the Cologne Institute for Economic Research (Institut der deutschen Wirtschaft Köln, IW Köln [1]) published an analysis of sectoral wage developments since 2000 based on the most recent sectoral earnings data from the Federal Statistical Office (Statistisches Bundesamt, Destatis [2]). In some sectors of the economy, the gross wages of full-time workers rose substantially between 2000 and 2008, thus real wages also increased. In a few sectors, however, wage growth did not keep up with inflation.[1] http://www.iwkoeln.de/Home/tabid/62/language/en-US/Default.aspx?en-US=Default.aspx[2] http://www.destatis.de/jetspeed/portal/cms/
A study by the Cologne Institute for Economic Research shows that from 2000 to 2008 the gross wages of full-time workers in some sectors rose substantially. Workers in the manufacturing of office machinery and computers, wholesale trade, banking and manufacturing of motor vehicles experienced a real wage increase of at least 10%. However, in other sectors, such as mining and quarrying, as well as manufacturing of food products, wage growth did not keep up with inflation.
On 18 December 2008, the Cologne Institute for Economic Research (Institut der deutschen Wirtschaft Köln, IW Köln) published an analysis of sectoral wage developments since 2000 based on the most recent sectoral earnings data from the Federal Statistical Office (Statistisches Bundesamt, Destatis). In some sectors of the economy, the gross wages of full-time workers rose substantially between 2000 and 2008, thus real wages also increased. In a few sectors, however, wage growth did not keep up with inflation.
Development of sectoral gross wages 2000–2008
The average sectoral gross wages of full-time employees increased between 2000 and 2008 by rates ranging from 12% to 30% depending on the sector of economic activity (see table). Workers in the manufacturing of office machinery and computers benefited from the largest wage growth both due to a favourable sectoral development and a shortage of skilled labour.
| Sector | Average monthly wage 2008 (€) | Wage growth, 2000–2004 (%) | Wage growth, 2004–2008 (%) | Wage growth, 2000–2008 (%) |
|---|---|---|---|---|
| Manufacturing of office machinery and computers | 4,100 | 14.4 | 13.6 | 29.9 |
| Wholesale trade | 3,230 | 18.6 | 7.9 | 28.0 |
| Banking | 3,980 | 13.1 | 12.3 | 27.0 |
| Manufacturing of motor vehicles | 3,810 | 11.9 | 10.9 | 24.1 |
| Insurance | 3,934 | 11.6 | 8.8 | 21.4 |
| Manufacturing of machinery and equipment | 3,491 | 10.9 | 9.0 | 20.9 |
| Manufacturing of chemicals and chemical products | 3,853 | 10.5 | 9.3 | 20.8 |
| Retail trade | 2,447 | 13.3 | 5.5 | 19.5 |
| Construction | 2,811 | 9.6 | 5.3 | 15.4 |
| Manufacturing of pulp, paper and paper products | 2,955 | 6.6 | 8.1 | 15.3 |
| Manufacturing of textiles | 2,498 | 8.6 | 5.9 | 15.0 |
| Manufacturing of food products and beverages | 2,347 | 8.3 | 4.1 | 12.7 |
| Other mining and quarrying | 2,919 | 4.2 | 7.8 | 12.4 |
Notes: Regular monthly gross wages include extra payments, such as Christmas and other bonuses, as well as tax-exempt bonuses. Data refer to the 2nd quarter of the year.
Source: IW Köln, Destatis
Increases in monthly gross wages between 2000 and 2004 exceeded those between 2004 and 2008. This applies to all of the sectors selected except manufacturing of pulp, paper and paper products, and other mining and quarrying activities. This outcome is rather surprising as the economic recovery from the preceding downturn was longer and more substantial in the latter period than in the former period. Therefore, wage growth between 2004 and 2008 could have been expected to be stronger than before. However, the recent economic recovery resulted mainly in a lowering of the unemployment rate, with employment growing by around 1.1 million workers between 2006 and 2008.
Real wage increase
Overall, inflation between the 2nd quarter of 2000 and the same period of 2008 was 14%. Therefore, full-time workers in most of the sectors selected have experienced a real wage increase since 2000. Real wages of employees in the manufacturing of office machinery and computers, the wholesale trade, banking and in the manufacturing of motor vehicles rose by 10% or more. In some sectors, such as the manufacturing of textiles, real wages hardly increased, whereas those in the manufacturing of food products and in other mining and quarrying activities even declined slightly.
Oliver Stettes, Cologne Institute for Economic Research (IW Köln)
Eurofound doporučuje citovat tuto publikaci následujícím způsobem.
Eurofound (2009), Divergence in sectoral real wages since 2000, article.
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