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December 2018, National Farmer Labor Daily Nominal Wage Increases by 0.19 Percent

December 2018, National Farmer Labor Daily Nominal Wage Increases by 0.19 Percent
Release Date : January 15, 2019
File Size : 1.15 MB

Abstract

  • The nominal wage of the worker / worker is the average daily wage received by the worker as a reward for the work done.
  • The real wages of workers / workers illustrate the purchasing power of income / wages received by workers / workers.
  • Real wages are the ratio between nominal wages and the household consumption index.
  • The daily nominal wage of national farm laborers in December 2018 increased by 0.19 percent compared to November 2018 farm laborers' wages, ie from Rp52,955.00 to Rp53,056.00 per day. Real wages decreased by 0.38 percent.
  • The daily nominal wage of construction workers (handymen not foremen) in December 2018 rose 0.10 percent compared to November 2018 wages, ie from Rp87,298.00 to Rp87,385.00 per day. Real wages decreased by 0.51 percent.
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