Economic policymakers and business leaders are very concerned about wage inflation. Average workers, not so much. Indeed, growth in real monthly wages around the world – which reflects the purchasing power of wages once cost-of-living inflation is taken into account – actually fell to -0.9% in the first half of 2022. This is the first …
‘Wage inflation? What wage inflation? ask the workers Read More »
UIWANG, South Korea, Dec 5 (Reuters) – Inside five white tents outside the Uiwang container depot near Seoul, about 200 striking truckers huddle around gas heaters, trying to fight against the freezing cold and the government’s talk that they are well paid “labour aristocracy.” They are only too aware of the impact their strike has …
‘We are not your enemy,’ say South Korean truckers striking for minimum wage protection Read More »
TOPEKA — Seven of 10 classes of Kansas government employees were paid below mid-market rates based on a new survey examining salaries of comparable employers in the state and government employers across the country. state in Nebraska, Oklahoma, Missouri and elsewhere. The Kansas Department of Administration report identified wage shortfalls of 32% for paralegals, 22% …
CALGARY — Paychecks for workers in the province that once led the nation in wage growth have stagnated, but experts say the double whammy of inflation and labor shortages means that Alberta businesses are about to have to rely on wages soon. For years, Alberta workers have been the highest paid in the country thanks …
Alberta’s famous ‘wage premium’ is eroding fast, experts say Read More »
