Reallohnsenkung

German

Etymology

real (real) +‎ Lohn (wage) +‎ -s- (genitival interfix) +‎ Senkung (lowering/reduction)

Pronunciation

  • IPA(key): [ʁeˈaːlloːnˌzɛŋkʊŋ]
  • Hyphenation: Re‧al‧lohn‧sen‧kung

Noun

Reallohnsenkung f (genitive Reallohnsenkung, plural Reallohnsenkungen)

  1. (economics) real wage reduction (a decrease in wages after adjusting for inflation, resulting in a loss of purchasing power even if nominal wages remain stable or increase slightly)
    Trotz der nominalen Gehaltserhöhung bedeutete die zweistellige Inflationsrate für die meisten Angestellten eine faktische Reallohnsenkung.
    Despite the nominal salary increase, the double-digit inflation rate meant a de facto real wage reduction for most employees.

Declension

Synonyms

Antonyms

Coordinate terms

  • Inflation (the primary driver of unintended real wage reductions)
  • Nominallohnstopp (a freeze in nominal wages during inflationary periods)
  • Verbraucherpreisindex (the measure used to calculate the reduction)
  • Lohnzurückhaltung (wage restraint, which can lead to a planned reduction to increase competitiveness)

References