Abstract

Increase of Wages in the USSR

November 10, 1926 issue

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The resolution of the Council of the People's Commissariat of Soviet Union, dated September 21, concerning the increase of wages for categories of workers in receipt of the lowest rate of pay, is a measure of very great significance, especially when it is taken into consideration that the advancing of wages during the whole time has not been interrupted and continues constantly. Months of April to June of the economic year 1922-1923 as representing 100, the average real wage in the whole of industry rose to 124 in the corresponding months of the economic year 1923-1924, to 145 in April to- June in the economic year 1924-1925 and to 167 in the corresponding mouths of the economic year 1925- 926, and, therefore, rose altogether by 67 percent during this period.

See Also:

LABOR costs; WAGE increases; REAL wages; MINIMUM wage; EMPLOYEES; SOVIET Union
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