Real Wages of Farm Workers Fell in December 2020

1
Dwi Hadya Jayani 18/01/2021 09:20 WIB
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Daily Real and Nominal Wages of Farm Laborers
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The average nominal daily wage for farm laborers in December 2020 only increased slightly by 0.13%, from Rp 55,800 per day in November 2020 to Rp 55,900 per day. Meanwhile, the real wage decreased by 0.45%, from Rp 52,600 per day in November 2020 to Rp 52,300 per day.

Nominal wages represent the average daily wage received by laborers as compensation for work performed. Real wages, on the other hand, are the comparison between nominal wages and the rural household consumption index.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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