Analysis: Why low wages in Mecklenburg-Western Pomerania criticize economic policy
According to a report from www.stern.de, the opposition parties in Mecklenburg-Western Pomerania report differently about the persistent income gap between East and West. The Greens are calling for an accelerated expansion of green electricity production in order to create incentives for the establishment of industrial companies, while the FDP criticizes the state government for misguided economic policy. The average annual gross earnings of employees in Mecklenburg-Western Pomerania was around 39,600 euros in 2023, which is almost 10,000 euros or 20 percent below the national average. This is attributed to the low industrial density and low collective bargaining coverage in small companies. Employees in Hesse achieved the highest average annual income of almost 54,000 euros. These income differences result in...

Analysis: Why low wages in Mecklenburg-Western Pomerania criticize economic policy
According to a report by www.stern.de, the opposition parties in Mecklenburg-Western Pomerania report differently about the ongoing income gap between East and West. The Greens are calling for an accelerated expansion of green electricity production in order to create incentives for the establishment of industrial companies, while the FDP criticizes the state government for misguided economic policy. The average annual gross earnings of employees in Mecklenburg-Western Pomerania was around 39,600 euros in 2023, which is almost 10,000 euros or 20 percent below the national average. This is attributed to the low industrial density and low collective bargaining coverage in small companies. Employees in Hesse achieved the highest average annual income of almost 54,000 euros.
These income differences have possible effects on the regional labor market and economic policy. The Greens' call for an expansion of renewable energies and the creation of incentives for industrial companies could lead to an increase in employment and higher incomes in this sector. This could in turn strengthen the economy in Mecklenburg-Western Pomerania and reduce the regional income gap.
The FDP's criticism of economic policy points to the need to invest in education, infrastructure and digitalization in order to increase the country's attractiveness as a business location. Improved infrastructure and digital resources could help attract more companies and drive economic development in Mecklenburg-Western Pomerania.
It is important that the state government takes measures to reduce the income gap and increase prosperity in the state. This can be achieved through targeted investments, promoting industry and renewable energies and creating incentives for companies.
Read the source article at www.stern.de