Salaries in Italy rose by just 1% in
real terms between 1991 and 2022, compared to an OECD-area
average of 32.5%, public-policy research agency Inapp said in a
report on Thursday.
The report said the poor real-salary growth was linked to some
degree to low labour productivity, while stressing that the
latter had still increased by more than wages had.
It said wages made up for an increasingly lower proportion of
GDP while profits accounted for more and more.
"There are major doubts about whether this model is sustainable
in the long term," the report said.
ALL RIGHTS RESERVED © Copyright ANSA
