#wage-growth

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2024 Saw Organized Labor Score Gains, But Challenges Loom on the Horizon

Union workers achieved significant wage increases in 2024, countering stagnant wages and rising costs amidst ongoing labor organizing and strikes.
#inflation

Trump's Campaign Message About Inflation Is Wrong on His PromisesAnd on Biden's Success

Donald Trump's attack on Joe Biden regarding inflation conveniently ignores economic facts like falling inflation rates and increasing wage growth.

Wage Growth Exceeds Forecasts, Potentially Deterring Fed Rate Cuts

Federal Reserve officials are concerned about accelerating wage growth potentially fueling inflation despite rising unemployment.

Inflation gauge closely watched by the Fed falls to lowest level since early 2021

Inflation has decreased to 2.1%, nearing pre-pandemic levels, yet core prices remain elevated, suggesting continued inflationary pressures.

Study: Americans' pay hasn't fully recovered from inflation. Will it ever?

Post-pandemic inflation has eroded wage growth, creating financial strain for workers despite recent wage increases.

Wages have outpaced inflation since 2020 but many consumers still feel burdened by prices

Wages in the US have outpaced inflation since 2020, providing positive real wage growth for American workers.

UK unemployment rises as wage growth slows, affecting interest rate cut prospects

UK wage growth has slowed, and unemployment has risen, leading to caution over potential Bank of England interest rate cuts.

Trump's Campaign Message About Inflation Is Wrong on His PromisesAnd on Biden's Success

Donald Trump's attack on Joe Biden regarding inflation conveniently ignores economic facts like falling inflation rates and increasing wage growth.

Wage Growth Exceeds Forecasts, Potentially Deterring Fed Rate Cuts

Federal Reserve officials are concerned about accelerating wage growth potentially fueling inflation despite rising unemployment.

Inflation gauge closely watched by the Fed falls to lowest level since early 2021

Inflation has decreased to 2.1%, nearing pre-pandemic levels, yet core prices remain elevated, suggesting continued inflationary pressures.

Study: Americans' pay hasn't fully recovered from inflation. Will it ever?

Post-pandemic inflation has eroded wage growth, creating financial strain for workers despite recent wage increases.

Wages have outpaced inflation since 2020 but many consumers still feel burdened by prices

Wages in the US have outpaced inflation since 2020, providing positive real wage growth for American workers.

UK unemployment rises as wage growth slows, affecting interest rate cut prospects

UK wage growth has slowed, and unemployment has risen, leading to caution over potential Bank of England interest rate cuts.
moreinflation
#job-market

Why a weaker jobs market is sparking recession fears

U.S. added fewer jobs than expected in July, sparking concerns about economic slowdown.

The Jobs Report Is Good News for the Fed

The job market remains resilient, reducing the likelihood of significant rate cuts by the Federal Reserve.

Job market rebounds in November after strikes, hurricanes with 227,000 jobs added

America's job market is resilient, adding 227,000 jobs in November after recovering from strikes and hurricanes, even as unemployment ticked slightly upwards.

UK unemployment rises while regular wage growth slows; bitcoin breaks $89,000 business live

The job market is experiencing a loosening trend amid rising wage growth and increasing employer costs.

The Job Market Shifted Into Lower Gear

April's job report showed slower growth than expected, but overall stability in the labor market.

Next year may bring 'waning pay growth and higher taxes is likely to impact workers' pay packets' - London Business News | Londonlovesbusiness.com

The UK job market is expected to decline further in 2025 despite economic growth projections.

Why a weaker jobs market is sparking recession fears

U.S. added fewer jobs than expected in July, sparking concerns about economic slowdown.

The Jobs Report Is Good News for the Fed

The job market remains resilient, reducing the likelihood of significant rate cuts by the Federal Reserve.

Job market rebounds in November after strikes, hurricanes with 227,000 jobs added

America's job market is resilient, adding 227,000 jobs in November after recovering from strikes and hurricanes, even as unemployment ticked slightly upwards.

UK unemployment rises while regular wage growth slows; bitcoin breaks $89,000 business live

The job market is experiencing a loosening trend amid rising wage growth and increasing employer costs.

The Job Market Shifted Into Lower Gear

April's job report showed slower growth than expected, but overall stability in the labor market.

Next year may bring 'waning pay growth and higher taxes is likely to impact workers' pay packets' - London Business News | Londonlovesbusiness.com

The UK job market is expected to decline further in 2025 despite economic growth projections.
morejob-market
#labor-market

U.S. economy creates 254,000 jobs as unemployment rate dips to 4.1% in blowout report

American job growth in September exceeds expectations, reinforcing a stable labor market.

Mortgage rates fall on jobs week data

Mortgage rates have fallen this week due to easing labor market conditions and weakened economic indicators.

Expectation of losing one's job at record high in NY Fed survey

Rising job loss expectations juxtaposed with increased job change anticipation reflect a fluctuating labor market.

Jobs Report Will Be Latest Test of U.S. Economy's Resilience

Labor market outlook remains positive with moderate job growth expected in May, signaling a new normal. Federal Reserve focuses on inflation over potential labor market shifts.

Job growth bounced back in November before the Fed's last interest-rate decision of the year

The U.S. job market's strength is highlighted by the addition of 227,000 jobs in November, exceeding expectations amid revisions that clarify earlier data.

UK Labour market: A treat for the Chancellor - London Business News | Londonlovesbusiness.com

The UK's labor market data shows improvements with rising employment and falling unemployment, indicating economic resilience.

U.S. economy creates 254,000 jobs as unemployment rate dips to 4.1% in blowout report

American job growth in September exceeds expectations, reinforcing a stable labor market.

Mortgage rates fall on jobs week data

Mortgage rates have fallen this week due to easing labor market conditions and weakened economic indicators.

Expectation of losing one's job at record high in NY Fed survey

Rising job loss expectations juxtaposed with increased job change anticipation reflect a fluctuating labor market.

Jobs Report Will Be Latest Test of U.S. Economy's Resilience

Labor market outlook remains positive with moderate job growth expected in May, signaling a new normal. Federal Reserve focuses on inflation over potential labor market shifts.

Job growth bounced back in November before the Fed's last interest-rate decision of the year

The U.S. job market's strength is highlighted by the addition of 227,000 jobs in November, exceeding expectations amid revisions that clarify earlier data.

UK Labour market: A treat for the Chancellor - London Business News | Londonlovesbusiness.com

The UK's labor market data shows improvements with rising employment and falling unemployment, indicating economic resilience.
morelabor-market
#tax-policy

Tax rises in budget sap UK consumer confidence and will hit pay growth, say reports

Tax rises in the budget have diminished consumer confidence and could lead to reduced growth in private sector pay next year.

There will be consequences': budget may mean smaller pay rises, says Reeves

The budget will likely result in smaller pay raises for workers due to increased business taxes and national insurance contributions.

Tax rises in budget sap UK consumer confidence and will hit pay growth, say reports

Tax rises in the budget have diminished consumer confidence and could lead to reduced growth in private sector pay next year.

There will be consequences': budget may mean smaller pay rises, says Reeves

The budget will likely result in smaller pay raises for workers due to increased business taxes and national insurance contributions.
moretax-policy

Pay pressures: 53% of UK employers see spike in wage growth - London Business News | Londonlovesbusiness.com

Employers are under pressure from rising wage costs while struggling to meet employee expectations regarding pay satisfaction.
#bank-of-england

UK unemployment falls as wages growth hits lowest in two years

UK jobs market showed unexpected drop in unemployment and slowed wage growth, impacting Bank of England's interest rate decision.

Moderating wage growth leaves the door open to further rate cuts - London Business News | Londonlovesbusiness.com

The UK job market shows strength but wage growth is slowing, impacting economic forecasts.

Slowdown in wage growth clears the path for more interest rate cuts' this year

Wage growth in the UK has decreased to its lowest level in more than two years, potentially leading to Bank of England interest rate cuts.

Unemployment rising is a 'warning sign' for Labour following on 'from the Budget' - London Business News | Londonlovesbusiness.com

UK unemployment rate rose to 4.3%, signaling potential economic concerns for the government despite a rise in wage growth.

Bank of England likely to cut interest rates next month - London Business News | Londonlovesbusiness.com

Wage growth at its lowest in four years likely prompts Bank of England interest rate cut.

UK wage growth slows to two-year low amid cooling labour market

UK wage growth slows to 5.7% in May, slowest in two years, potential Bank of England interest rate cut.
Slowdown in job market evident with decline in vacancies and slight drop in employment rate.

UK unemployment falls as wages growth hits lowest in two years

UK jobs market showed unexpected drop in unemployment and slowed wage growth, impacting Bank of England's interest rate decision.

Moderating wage growth leaves the door open to further rate cuts - London Business News | Londonlovesbusiness.com

The UK job market shows strength but wage growth is slowing, impacting economic forecasts.

Slowdown in wage growth clears the path for more interest rate cuts' this year

Wage growth in the UK has decreased to its lowest level in more than two years, potentially leading to Bank of England interest rate cuts.

Unemployment rising is a 'warning sign' for Labour following on 'from the Budget' - London Business News | Londonlovesbusiness.com

UK unemployment rate rose to 4.3%, signaling potential economic concerns for the government despite a rise in wage growth.

Bank of England likely to cut interest rates next month - London Business News | Londonlovesbusiness.com

Wage growth at its lowest in four years likely prompts Bank of England interest rate cut.

UK wage growth slows to two-year low amid cooling labour market

UK wage growth slows to 5.7% in May, slowest in two years, potential Bank of England interest rate cut.
Slowdown in job market evident with decline in vacancies and slight drop in employment rate.
morebank-of-england
#labour-party

Strengthening workplace protections in UK could bring benefits for both sides | Richard Partington

Starmer aims to balance union influence while addressing economic challenges and wage stagnation, reflecting the transformed power dynamics from decades past.

Rachel Reeves admits autumn Budget likely to hit pay for workers

The Labour government's tax increase on employers may adversely affect workers' wage growth, according to Chancellor Rachel Reeves.

Strengthening workplace protections in UK could bring benefits for both sides | Richard Partington

Starmer aims to balance union influence while addressing economic challenges and wage stagnation, reflecting the transformed power dynamics from decades past.

Rachel Reeves admits autumn Budget likely to hit pay for workers

The Labour government's tax increase on employers may adversely affect workers' wage growth, according to Chancellor Rachel Reeves.
morelabour-party
from ITPro
2 months ago

Does remote work fuel wage inequality? Not exactly - staff working from home tend to be higher earners, but they also experience lower wage growth

Remote work does not increase workplace inequality; it results in lower wage growth that offsets potential benefits for higher earners.
#interest-rates

Strong September jobs report stokes inflation concerns - HousingWire

The September jobs report signals potential delays in interest rate cuts by the Federal Reserve due to strong job growth and rising wage rates.

UK salary growth slows, paving the way for potential interest rate cuts

Wage growth in the UK slowed in July, potentially leading to further interest rate cuts by the Bank of England.

UK unemployment rate unexpectedly drops as wage growth slows

Unemployment rate in the UK unexpectedly dropped to 4.2%, while wage growth slowed to 5.4% in the three months up to June.

US employers added surprisingly robust 353,000 jobs in January in further sign of economic strength

US employers added 353,000 jobs in January, exceeding expectations and indicating the economy's resilience.
Wages rose unexpectedly fast in January, which could complicate the Fed's plans to cut interest rates.

US employers added surprisingly robust 353,000 jobs in January in further sign of economic strength

US employers added 353,000 jobs in January, exceeding expectations and indicating a strong economy.
The unemployment rate remained at 3.7% and wages rose unexpectedly fast, which could affect the Federal Reserve's plan to cut interest rates later this year.

UK labour market: Final pandemic hangover starting to fade? - London Business News | Londonlovesbusiness.com

Wage growth in the UK might be slowing down despite sectors still reporting above inflation pay rises, leading to potential interest rate cuts.

Strong September jobs report stokes inflation concerns - HousingWire

The September jobs report signals potential delays in interest rate cuts by the Federal Reserve due to strong job growth and rising wage rates.

UK salary growth slows, paving the way for potential interest rate cuts

Wage growth in the UK slowed in July, potentially leading to further interest rate cuts by the Bank of England.

UK unemployment rate unexpectedly drops as wage growth slows

Unemployment rate in the UK unexpectedly dropped to 4.2%, while wage growth slowed to 5.4% in the three months up to June.

US employers added surprisingly robust 353,000 jobs in January in further sign of economic strength

US employers added 353,000 jobs in January, exceeding expectations and indicating the economy's resilience.
Wages rose unexpectedly fast in January, which could complicate the Fed's plans to cut interest rates.

US employers added surprisingly robust 353,000 jobs in January in further sign of economic strength

US employers added 353,000 jobs in January, exceeding expectations and indicating a strong economy.
The unemployment rate remained at 3.7% and wages rose unexpectedly fast, which could affect the Federal Reserve's plan to cut interest rates later this year.

UK labour market: Final pandemic hangover starting to fade? - London Business News | Londonlovesbusiness.com

Wage growth in the UK might be slowing down despite sectors still reporting above inflation pay rises, leading to potential interest rate cuts.
moreinterest-rates
#housing-market

NYC's rent skyrockets over seven times faster than wages, widest gap in U.S.: Report - QNS

High rental increase in NYC compared to wage growth.

Home Prices Are Still Affordable in These US Towns

Home affordability is a growing issue, worsened by rising housing prices and high-interest rates.

NYC's rent skyrockets over seven times faster than wages, widest gap in U.S.: Report - QNS

High rental increase in NYC compared to wage growth.

Home Prices Are Still Affordable in These US Towns

Home affordability is a growing issue, worsened by rising housing prices and high-interest rates.
morehousing-market

Businesses face new limits on temporary foreign worker program | CBC News

New restrictions on low-wage temporary foreign workers in Canada aim to boost local hiring and tackle wage suppression issues.
#uk-state-pension

State pension to rise by 460 near year but experts warn of catch

The UK state pension is set to increase by 460, benefiting millions of pensioners.
A four percent wage growth is expected, exceeding inflation and aligning with pension policies.

State pension set to increase by 400 but there's a tax catch

UK state pension could rise by over 400 in 2025, based on earnings growth.
Triple lock system guarantees pension increases when inflation, earnings, or 2.5% applies.
Freezing tax thresholds means more pensioners will pay tax despite income boosts.

State pension to rise by 460 near year but experts warn of catch

The UK state pension is set to increase by 460, benefiting millions of pensioners.
A four percent wage growth is expected, exceeding inflation and aligning with pension policies.

State pension set to increase by 400 but there's a tax catch

UK state pension could rise by over 400 in 2025, based on earnings growth.
Triple lock system guarantees pension increases when inflation, earnings, or 2.5% applies.
Freezing tax thresholds means more pensioners will pay tax despite income boosts.
moreuk-state-pension

Pensions to receive a 400 boost this winter - London Business News | Londonlovesbusiness.com

Strong wage growth could mean a boost of over £400 for pensioners this winter, despite the scrapping of winter fuel allowance.

A review of the present situation in the UK jobs market - London Business News | Londonlovesbusiness.com

The UK jobs market is improving slightly, but remains below pre-pandemic levels with ongoing challenges from inflation and real-term wage stagnation.

Mark Cuban Goes to Bat For the Biden Economy, Argues Trump Diminished' Wage Growth

Mark Cuban defended Biden's economy by highlighting wage growth trends and criticizing the previous administration's wage growth performance.
#economy

U.S. unemployment rate falls to 3.7% in November

The U.S. labor market added more jobs than expected in November, easing concerns about a slowdown in the economy.
Average hourly earnings rose by 0.4% last month, indicating strong wage growth.

Canada's economy added 27,000 jobs in May | CBC News

Canada added 27,000 jobs in May with a slight rise in unemployment to 6.2%.

Donald Trump repeated inaccurate claims on the economy in a local news interview in Pennsylvania - Poynter

Former President Trump made inaccurate claims on the economy, with key metrics like GDP growth, wage growth, and consumption rates not reaching record levels during his presidency.

U.S. unemployment rate falls to 3.7% in November

The U.S. labor market added more jobs than expected in November, easing concerns about a slowdown in the economy.
Average hourly earnings rose by 0.4% last month, indicating strong wage growth.

Canada's economy added 27,000 jobs in May | CBC News

Canada added 27,000 jobs in May with a slight rise in unemployment to 6.2%.

Donald Trump repeated inaccurate claims on the economy in a local news interview in Pennsylvania - Poynter

Former President Trump made inaccurate claims on the economy, with key metrics like GDP growth, wage growth, and consumption rates not reaching record levels during his presidency.
moreeconomy

Labor market report is good news for mortgage rates

Lower than expected wage growth impacts mortgage rates.

Bitcoin price expectations as the approval of instant ETF funds approaches

Bitcoin recorded moderate losses at the beginning of Monday's trading before rebounding slightly.
The rise in wage gains and conflicting data on interest rate cuts have increased doubts about the Federal Reserve's future policy decisions.

The U.S. economy surprisingly added another 216,000 jobs, blowing away expectations

The US labor market remains resilient with the addition of 216,000 jobs in December.
The unemployment rate remains at 3.7% for the 23rd straight month, but wage growth could complicate the Federal Reserve's decision on interest rates.

California's Statewide Minimum Wage Is Now $16 an Hour

California's minimum wage has increased to $16 an hour, making it the second-highest statewide minimum in the nation.
Approximately one million workers, or about 6% of California's workforce, will be affected by the 50-cent increase.

Gig economy jobs stifle wage growth across Europe - London Business News | Londonlovesbusiness.com

The gig economy of temporary workers harms wage growth in Europe, leading to suppressed wages and increased job insecurity.

The postcode lottery of pay rises - London Business News | Londonlovesbusiness.com

Wage growth in the UK varies significantly by region, with a range from 16.2% to 24.7% over the past five years.
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