i will "translate" this:
German bussinesses: weneed to reduce the cost because of high energy prices, thus lowering the wages...
German government: we need more workers (and unemployment to lower the wages)
Discussion
Yeah, the only things that never go up, in real terms, are employment rates and wages. Both stagnant, over the last decade. Corona was a blip that has been ironed-out.
Here are the trendlines for wages.
🟨 Real wages
🟪 Consumer price increase
🟧 Nominal wages
We managed to creep into a positive rate, but only due to a big income tax break, for the Corona season, that runs out this year.
