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Real wages rose by 10% last year, compared to 2019

Friday, January 29, 2021
Real wages rose by 10% last year, compared to 2019

Real wages rose by 10% last year, compared to 2019, reports the State Statistics Service. In nominal terms – without adjustments for inflation – December’s average salary was up 15.6% yoy. Nationwide, the average monthly salary was $506, almost three times the official minimum wage. Medical professionals enjoyed the biggest jump in salaries last year – 51%. Hotel and restaurant workers saw the worst performance – a 6% salary drop.

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