The labor ministry on Feb. 5 announced that real wages in 2024 continued falling for the third consecutive year, as pay increases failed to keep pace with rising prices. The average real wage ...

According to the White House's records of executive orders, Trump has not signed an order increasing the minimum wage.

Some of the wage increases have been eaten up by inflation. However, taking into account average annual inflation of 1.1 percent, real wages still rose by an average of 0.7 percent, as the FSO notes.