Tag: wages
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Vic Police deserve our ‘100 per cent support’ amid wages and conditions dispute
[ad_1] Sky News contributor Steve Price says in his view the Victoria Police Force deserves our “100 per cent support” as a wages and conditions dispute threatens to erupt into industrial action. “Police … in Victoria are now on the edge of an industrial campaign because Police Command and the Victorian Government can not settle…
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EU cost of living continues to rise much faster than wages
[ad_1] The weekly shop for groceries at the supermarket is still no relief for EU citizens’ wallets, as food prices kept rising in 2023, according to the latest data from Eurostat. After significant increases in 2022, the prices of basic food items such as eggs, butter, potatoes, and olive oil have not shown much easing…
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Fewer companies hiring, only 18% plan to raise wages
[ad_1] Disclaimer: Unless otherwise stated, any opinions expressed below belong solely to the author. The Ministry of Manpower (MOM) has just published its usual advance release of labour market data for the just-concluded third quarter. It’s a set of the most important — and most current — figures about trends in local employment, as the…
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UK wages outstrip inflation for first time in two years
[ad_1] For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Chancellor Jeremy Hunt welcomed some “good news” for the economy as the latest official figures showed that UK wages are outpacing inflation for the first time in nearly two years.…
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Growing wages may force Bank of Canada to raise interest rates again
[ad_1] Breadcrumb Trail Links News Economy Rising wages represent a complicating factor because central bankers believe they can be inflationary Published Oct 06, 2023 • Last updated 3 days ago • 5 minute read Bank of Canada governor Tiff Macklem. Wage growth has been of concern to the central maker’s policymakers as they attempt to rein…
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The real problem is nominal (wages)
[ad_1] In 2021, some economists predicted that high inflation would be transitory. When inflation soared much higher in 2022, those claims looked foolish. Now that headline inflation has fallen to just over 3%, some are asking whether inflation was transitory after all. Macroeconomic data never “speaks for itself”. Data only has meaning in the context…
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School supplies rise in price twice as fast as EU wages
[ad_1] September marks the return to school for the little ones — which this year will take a bigger bite out of families’ wallets, as the cost of most basic school supplies has risen twice as fast as wages across the EU, according to new analysis by the European Trade Union Confederation (ETUC). From January…
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Wages of advertising creatives in Singapore rise. Will the good times last? | News
[ad_1] Creatives in Singapore are experiencing a higher percentage growth of median gross wage, according to results from the Ministry of Manpower’s (MOM) annual occupational wage survey released in mid-July. A survey conducted between July and December 2022 collected data from 4,350 private-sector employers who employed around 222,300 full-time resident workers contributing to the Central…
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Trump Wages War On Electric Vehicles
[ad_1] This article is part of HuffPost’s biweekly politics newsletter. Click here to subscribe. Not all of this week’s big Donald Trump news was tied to indictments. On Thursday, the former president distributed a video and statement on the auto industry ― specifically, about how he intends to save it from what he says is…
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Why are wages rising and what does it mean for the economy?
[ad_1] For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Official figures have revealed that wages across the UK have risen at record levels as inflation remains stubbornly high. Higher pay will provide a welcome boost for…