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Labor ‘has to acknowledge’ real wages have fallen

Labor has to acknowledge real wages have actually fallen around $153 per week, says Nationals MP Anne Webster. “What has fed into that are things like energy costs, grocery bills, petrol prices,” Ms Webster told Sky News Australia host Sharri Markson. “There is a range that has been in the Prime Minister’s bailiwick to deal

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Entretenimiento

Men don’t just get higher wages – they expect them too: Male students anticipate being paid 15% MORE than females in their first job after university, study finds

Researchers surveyed over 15,000 students about their salary expectations  Male students anticipated being paid 15% more than females in their first job By Shivali Best For Mailonline Published: 06:43 EST, 30 January 2024 | Updated: 06:43 EST, 30 January 2024 The gender pay gap is well documented in Britain, with the latest figures showing that

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Noticias de dinero

Why the ECB should still be worried about wages

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. European Central Bank president Christine Lagarde spurred investors to ramp up bets on early rate cuts this week by saying wage growth was showing signs of cooling, causing the euro and bond yields to fall.

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Immigration, Inflation, and Wages: Better Under Trump or Biden?

The Economist recently compared Joe Biden’s and Donald Trump’s economic records, concluding Biden wins so far. While the article raises valid points, it excludes key details that make the findings questionable.  Ten months from now, there’s a high likelihood Biden and Trump could go head-to-head again for the presidency, especially after the results from the

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Real Wages, Through December | Econbrowser

Average wage for production and nonsupervisory workers in total private and leisure and hospitality services, and implied by median wage growth, all up relative to 2019M12, just before the pandemic. FIgure 1: Chained CPI deflated real wage for total private (blue), leisure and hospitality (tan) and level implied by median wage growth overall (green square),

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Youth subminimum wages and why they should be eliminated: Young workers face pay discrimination in 34 states and DC

In 2023, the issue of child labor re-emerged as a national crisis. Federal data on the rise of child labor violations and numerous investigative reports of widespread illegal youth employment garnered sustained media attention, sparking outrage from the public and lawmakers alike. At the same time, EPI has documented an ongoing, coordinated effort to roll back

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How much will wages increase in 2024?

by Calculated Risk on 1/05/2024 12:11:00 PM Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2024. Some of these questions concern real estate (inventory, house prices, housing starts, new home sales), and I’ll post thoughts on those in the newsletter (others like GDP and employment will be on

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