➀ Inflation has surpassed wage growth in multiple countries including Finland, Italy, Canada, Australia, Japan, the Czech Republic, Sweden, and New Zealand according to the OECD Employment Outlook 2024. ➁ Real wages have decreased by more than 5% in these countries, with Sweden experiencing a 7.5% drop. ➂ The United States saw a milder decrease in real wages at 0.8% in Q1 2024 compared to Q4 2019.