Minimum wage increases, EU Member States, 2023 (%)
Figure 21: Minimum wage increases, EU Member States, 2023 (%)
Notes: Chart shows Member States with statutory minimum wages in 2022. Converted values used for non-euro-zone Member States.
Source: Network of Eurofound Correspondents 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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