In Bacău County, salaries are already lower than the national average, and inflation is further intensifying the financial burden on residents. With incomes rapidly eroding due to rising prices, people in Bacău are struggling to cope with increasingly high daily costs.
A difficult situation for employees in Bacău County! In August 2024, the average gross salary per person was just 7,680 RON, 763 RON less than the national average. This painful gap of -9% keeps the earnings of Bacău residents far from the standards many hope to achieve.
Services: The Only “Island” of Decent Incomes
While the “services” sector stands out with salaries above the county average, other workers, especially those in “industry and construction” and “agriculture, hunting and related services, forestry, and fishing,” must settle for less. Despite dreams of better incomes, the reality is that many labor for below-average wages, under tougher conditions, with diminishing hopes.
Bad News for Employees: Month-to-Month Declines
Compared to July 2024, the average gross salary in Bacău County decreased by -0.5%, a red flag for those barely making ends meet. Although there was an impressive +14.6% increase compared to August 2023, many employees feel their money is evaporating quickly due to inflation and rising living costs.
Net Salary: Another Grim Story
The average net salary was 4,758 RON, again 400 RON less than the national average, marking a difference of -7.8%. While the “services” sector continues to thrive, workers in “industry and construction” and “agriculture” are left with emptier pockets. The net salary fell by -0.8% from July 2024 but rose by +10.7% compared to August 2023. An insufficient increase, some might say, especially in a context where prices spare no one!