#wage-growth

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fromBusiness Insider
5 days ago

Here's another sign white-collar workers are in trouble

There's more troubling news for the white-collar job market: wage growth is falling short of inflation. A Bankrate analysis used employment cost index and consumer price index data from the Bureau of Labor Statistics to look at how the gap between wage and salary growth and inflation has changed since 2021. The difference allowed Bankrate to identify the industries with better worker bargaining power. Financial activities and professional and business services fell on the wrong side of that divide. Wage growth falling behind inflation in those sectors adds to the bleak picture of the white-collar labor market.
Business
fromFortune
1 week ago

The gap between higher and lower-income households is widening as inequality progress since pandemic has 'gone into reverse,' BofA economist says

Consumer economy shows strength but benefits unequally across income groups.
#bank-of-england
UK news
fromBusiness Matters
2 months ago

Bank of England faces interest rate dilemma as starting salaries rise nearly 9%

Bank of England faces inflation challenge as starting salaries rise significantly.
Average salaries in the UK show the fastest pace increase in almost three years.
UK news
fromBusiness Matters
2 months ago

Bank of England faces interest rate dilemma as starting salaries rise nearly 9%

Bank of England faces inflation challenge as starting salaries rise significantly.
Average salaries in the UK show the fastest pace increase in almost three years.
more#bank-of-england
#unemployment
fromwww.theguardian.com
1 month ago
UK news

Rise in UK unemployment and slowing wage growth add new pressure for interest rate cut

Unemployment increased to 4.7% and wage growth fell to 5% amid negative economic growth, prompting potential Bank of England interest rate cuts.
fromwww.independent.co.uk
2 months ago
UK news

Unemployment rate surges to highest since 2021 as wage growth eases sharply

Britain's unemployment rate has surged to its highest level in nearly four years, indicating economic strain.
UK news
fromwww.independent.co.uk
2 months ago

Unemployment rate surges to highest since 2021 as wage growth eases sharply

Britain's unemployment rate has surged to its highest level in nearly four years, indicating economic strain.
more#unemployment
#uk-unemployment
more#uk-unemployment
#uk-economy
UK politics
fromBusiness Matters
2 months ago

UK payrolls see biggest drop since covid as wage growth slows and job market weakens

UK labor market sees significant payroll employment decline, highest since pandemic peak.
UK politics
fromwww.theguardian.com
2 months ago

Reeves will hope weaker wage growth enables more interest rate cuts

UK job market downturn accelerates, raising unemployment to 4.6% as vacancies decline, impacting wage growth and interest rates.
more#uk-economy
#job-market
more#job-market
Tech industry
fromFast Company
2 months ago

U.S. retail sales drop in May after a tariff-fueled surge

Retail sales dropped unexpectedly in May, driven by decreased motor vehicle purchases; consumer spending is still supported by wage growth for now.
fromComputerworld
2 months ago

AI isn't taking your job; the big threat is a growing skills gap

AI talent shortage persists despite tech layoffs, impacting adoption and wages through 2027.
#california
Silicon Valley real estate
fromThe Mercury News
2 months ago

Where are Californians getting the biggest pay raises?

California's wage growth varies significantly with certain counties experiencing much higher pay hikes, notably in the Bay Area.
Economic conditions show a disparity in wage increases across California counties, influenced by the tech sector's dynamics.
Silicon Valley real estate
fromThe Mercury News
2 months ago

Where are Californians getting the biggest pay raises?

California's wage growth varies significantly with certain counties experiencing much higher pay hikes, notably in the Bay Area.
Economic conditions show a disparity in wage increases across California counties, influenced by the tech sector's dynamics.
more#california
Artificial intelligence
fromIT Pro
2 months ago

Questions raised over AI's impact as studies tout conflicting adoption outcomes

The impact of generative AI on productivity and wages is debated, showing little effect according to some reports, while others highlight significant productivity growth.
fromComputerworld
2 months ago

PwC: GenAI boosts worker value, wages, and productivity everywhere

The impact of genAI on hiring has been stark, as companies grapple with cleaning, organizing, and sharing data stores for potential use by the technology.
Artificial intelligence
US politics
fromtime.com
3 months ago

How Big Business Is Cashing In On Trump's Tax Cuts

The 2017 Tax Cuts and Jobs Act has disproportionately benefited corporate profits over working families, with little economic growth as promised.
#uk-labour-market
more#uk-labour-market
UK news
fromBusiness Matters
3 months ago

Employers slash hiring plans as wage costs rise and economic uncertainty deepens

UK businesses are reducing hiring due to high labor costs and economic uncertainty.
fromwww.bbc.com
4 months ago

UK inflation falls as price of petrol comes down

Falling petrol prices led to a temporary decrease in UK inflation to 2.6%, but a rise is expected due to increasing costs.
fromwww.bbc.com
4 months ago

UK job vacancies drop as employment costs grow

UK job vacancies are at a four-year low, indicating weakened demand for workers amid rising employment costs.
from24/7 Wall St.
4 months ago

This Is the Most Affordable Housing Market In Every State

Home prices in the U.S. have surged over 40% since early 2020, exacerbating housing affordability issues for many Americans.
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