Hourly nominal minimum wages, EU Member States, January 2023 (€)
Figure 23: Hourly nominal minimum wages, EU Member States, January 2023 (€)
Note: For Member States in which minimum wages are not set in terms of hourly rate, the hourly rate has been inferred by means of statistical approximation.
Source: Network of Eurofound Correspondents, Eurostat and Eurofound calculations
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2 May 2024
The post-pandemic recovery of Europe continued in 2023, with strong job creation despite subdued economic growth, against a background of rising geopolitical tension. Eurofound’s research over the year brought to light evidence on the key issues shaping the daily lives and work of Europeans. This 2023 yearbook provides a snapshot of that work, summarising the Agency’s findings on a wide range of topics, including rising labour shortages and initiatives to address them, the impact of workplace stressors on health and well-being, the challenges of securing affordable housing, and developments in minimum wages across the Member States. Eurofound’s research on working and living conditions in Europe provides a bedrock of evidence for social policymaking and achieving the Agency’s vision ‘to be Europe’s leading knowledge source for better life and work’.
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