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#wage-growth — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #wage-growth, aggregated by home.social.

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  1. US private sector employment rose by 109,000 in April, exceeding expectations of 99,000, marking the fastest growth since January 2025 as healthcare services remained strong and trade and transportation sectors rebounded, while wages increased 4.4% year-over-year.
    #YonhapInfomax #ADPEmploymentReport #PrivatePayrolls #HealthcareServices #WageGrowth #LaborMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  2. I never get tired of tooting #GregJericho ‘s articles, because what he says, most of the time, is not just informative, it’s a booster shot against the #FakeNews and #EconomicMisInformation the #msm spews out — unfortunately with that much misinformation being the main narrative of all but a few news outlets and the #FifthEstate, a lot of it is bound to be believed as truth: like the furphy about increasing wages driving up inflation — everyone should know by now the inflationary dragon is #GreedFlation.

    “There hasn’t been a wage breakout since I was in primary school but do not worry – the RBA is still on the watch, ever on alert to raise interest rates in an effort to increase unemployment and lower wage growth.”
    Read more:
    theguardian.com/business/grogo

    But the RBA is not about to let a debuked economic theory go to waste. So Greg is warning us of another rate rise likely to come if the RBA stays true to form — and why shouldn’t it?

    Read more:
    thepoint.com.au/opinions/26022

    #RBA #NeoClassicalEconomics #NeoLiberalEconomics #AusPol #CashRate #Inflation #WageGrowth

  3. Recession red flags are flying all over the place if you know where to look.

    Latest jobs numbers show that with the exception of the Health Care field (which added 82,000 jobs) the data is showing job contraction.

    New listings for roles in professional and business services have fallen to their lowest level in more than a decade (excluding the deepest pandemic-era lows of 2020) the steepest declines of any sector. qz.com/white-collar-jobs-reces #Recession #Jobs #JobsData #Hiring #WhiteCollar #Economy #WageGrowth

  4. US nonfarm payrolls rose by just 64,000 in November, while the unemployment rate climbed to a four-year high of 4.6%, highlighting mounting labor market weakness amid ongoing federal government job cuts and data disruptions from the recent shutdown.
    #YonhapInfomax #NonfarmPayrolls #UnemploymentRate #USDepartmentOfLabor #FederalGovernmentShutdown #WageGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  5. Paul Krugman reveals a shocking economic split: AI drives wealth for the few, while most Americans face job scarcity and rising hardship. Despite low unemployment stats, labor market fragility and political uncertainty freeze hiring and investment. The K-shaped recovery deepens inequality, threatening many workers' futures. Read the full analysis: paulkrugman.substack.com/p/the #PaulKrugman #USEconomy #LaborMarket #AI #Inequality #EconomicPolicy #Recession #WageGrowth #PoliticalInstability

  6. U.S. Treasury yields surged after robust May jobs data and higher-than-expected wage growth, reducing market expectations for Federal Reserve rate cuts this year; futures now price in less than two cuts by year-end.
    #YonhapInfomax
    #USTreasury #NonfarmPayrolls #FederalReserve #RateCutExpectations #WageGrowth
    #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  7. The May US nonfarm payrolls report beat expectations, highlighting the labor market's resilience despite tariff uncertainties, with experts noting continued job and wage growth while cautioning about emerging cracks and the Fed's likely steady policy stance.
    #YonhapInfomax #NonfarmPayrolls #FederalReserve #USLaborMarket #WageGrowth #TariffUncertainty #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  8. 🇯🇵 JAPAN
    🔴 Japan Faces Severe Labor Shortage

    🔸 53.4% of firms report full-time staff shortage, highest since 2020.

    🔸 IT and construction sectors hit hardest.

    🔸 68.1% of affected firms plan wage hikes in April.

    🔸 Economists warn of rising bankruptcy risks.

    #Japan #LaborCrisis #Economy #Jobs #WageGrowth

  9. This chart from the Bureau of Labor Statistics (BLS) shows how #inflation has outpaced wage growth for many years in the US. The red squiggly line at the bottom essentially shows #wages (wage growth) as adjusted for inflation (described from an employer’s view as the “Employment Cost Index”). The blue squiggly line above it shows the inflation trend (as the CPI, or Consumer Price Index).

    #USA #wages #WageGrowth #economics #inflation

    bls.gov/blog/2023/more-ways-to

  10. The UK is raising its minimum wage by 6.7% in April to £12.21/hr, helping 3M workers but challenging employers. Larger hikes for youth at 16-18% are part of a Labour gov’t effort to align wages with living costs. CBI warns of investment impacts; BoE watches wage growth for inflation effects.

    #UKEconomy #MinimumWage #LivingWage #UKLabour #WageGrowth #CostOfLiving #YouthEmployment #BoE #EmployerChallenges #RachelReeves #BankOfEngland #Inflation #UKBusiness #Investment

  11. The U.S. dollar dipped slightly but stayed near 7-week highs, buoyed by higher Treasury yields and Middle East concerns. Strong U.S. jobs data reduced bets on aggressive Fed rate cuts. The euro rose on strong German industrial data, while the pound gained as UK retail sales hit a 6-month high. The yen recovered on steady wage growth, and the yuan weakened amid stimulus concerns

    #USD #EUR #GBP #JPY #Fed #Forex #Germany #RetailSales #Yuan #MiddleEast #RetailSales #IndustrialProduction #WageGrowth

  12. I hear bandied about that small businesses are going under because they cannot afford wage growth. WHAT growth? (See below) Given that wages keep falling behind, what is really driving small businesses under, because it sure isn’t wage growth…

    #wagegrowth #smbs #grifters #corporatism #greedflation
    “WORST WAGE GROWTH
    The Organisation for Economic Co-operation and Development (OECD) has reported Australia has some of the worst real wage growth among member nations, the SMH reports.

    The latest employment outlook from the OECD declared real wages in Australia remained 4.8% below pre-pandemic levels, putting the country behind the likes of the US, UK, and Canada.

    “Real wages grew in 2024 for the first time in nearly three years, but households are still facing pressure under the cost of living crisis,” The Age quoted the OECD as saying.”

    Source: Crickey News