Relationships Between Wages and Employment Indicators
Relationships Between Wages and Employment Indicators

Summary/Abstract: In recent decades, employment decreased while unemployment rose in most world economies. In the same period there was an increase in wages received by workers for their labor. The present paper work examines the influences of wages evolution on employment and unemployment. Based on the data from European Union I studied and the other types of correlations that can be established between variables which characterize HR compensation policy, employment, unemployment and economic growth. The results showed that there is not a significant correlation between the evolution of wages and evolution of employment and unemployment rates.

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