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#wages — Public Fediverse posts

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

  1. Firm Pay, Amenities, and Inequality d.repec.org/n?u=RePEc:nbr:nber
    "Non-wage attributes are an important driver of job choice: workers frequently choose lowerpaying offers. Amenity valuations are highly dispersed across firms and approximately orthogonal to wages, so amenities do not offset between-firm pay differences. In money-metric units, the signal variance of amenities is about one-third that of wage premia. Conditional on the wage, high-amenity firms tend to be larger, have lower quit rates, and are more favorably reviewed by employees. Amenity preferences vary across demographic groups. Men and women do not value the same firms equally: the correlation between their firm-specific valuations is 0.239. Women work at firms that pay less. They also work at firms that offer them higher amenity value. Using gender-specific valuations, women do not work at firms that offer them lower overall value. In some specifications, they work at firms that offer more."
    #LaborMarkets #wages #ExperimentalEcon #gpg

  2. Firm Pay, Amenities, and Inequality d.repec.org/n?u=RePEc:nbr:nber
    "Non-wage attributes are an important driver of job choice: workers frequently choose lowerpaying offers. Amenity valuations are highly dispersed across firms and approximately orthogonal to wages, so amenities do not offset between-firm pay differences. In money-metric units, the signal variance of amenities is about one-third that of wage premia. Conditional on the wage, high-amenity firms tend to be larger, have lower quit rates, and are more favorably reviewed by employees. Amenity preferences vary across demographic groups. Men and women do not value the same firms equally: the correlation between their firm-specific valuations is 0.239. Women work at firms that pay less. They also work at firms that offer them higher amenity value. Using gender-specific valuations, women do not work at firms that offer them lower overall value. In some specifications, they work at firms that offer more."
    #LaborMarkets #wages #ExperimentalEcon #gpg

  3. Firm Pay, Amenities, and Inequality d.repec.org/n?u=RePEc:nbr:nber
    "Non-wage attributes are an important driver of job choice: workers frequently choose lowerpaying offers. Amenity valuations are highly dispersed across firms and approximately orthogonal to wages, so amenities do not offset between-firm pay differences. In money-metric units, the signal variance of amenities is about one-third that of wage premia. Conditional on the wage, high-amenity firms tend to be larger, have lower quit rates, and are more favorably reviewed by employees. Amenity preferences vary across demographic groups. Men and women do not value the same firms equally: the correlation between their firm-specific valuations is 0.239. Women work at firms that pay less. They also work at firms that offer them higher amenity value. Using gender-specific valuations, women do not work at firms that offer them lower overall value. In some specifications, they work at firms that offer more."
    #LaborMarkets #wages #ExperimentalEcon #gpg

  4. Firm Pay, Amenities, and Inequality d.repec.org/n?u=RePEc:nbr:nber
    "Non-wage attributes are an important driver of job choice: workers frequently choose lowerpaying offers. Amenity valuations are highly dispersed across firms and approximately orthogonal to wages, so amenities do not offset between-firm pay differences. In money-metric units, the signal variance of amenities is about one-third that of wage premia. Conditional on the wage, high-amenity firms tend to be larger, have lower quit rates, and are more favorably reviewed by employees. Amenity preferences vary across demographic groups. Men and women do not value the same firms equally: the correlation between their firm-specific valuations is 0.239. Women work at firms that pay less. They also work at firms that offer them higher amenity value. Using gender-specific valuations, women do not work at firms that offer them lower overall value. In some specifications, they work at firms that offer more."
    #LaborMarkets #wages #ExperimentalEcon #gpg

  5. Firm Pay, Amenities, and Inequality d.repec.org/n?u=RePEc:nbr:nber
    "Non-wage attributes are an important driver of job choice: workers frequently choose lowerpaying offers. Amenity valuations are highly dispersed across firms and approximately orthogonal to wages, so amenities do not offset between-firm pay differences. In money-metric units, the signal variance of amenities is about one-third that of wage premia. Conditional on the wage, high-amenity firms tend to be larger, have lower quit rates, and are more favorably reviewed by employees. Amenity preferences vary across demographic groups. Men and women do not value the same firms equally: the correlation between their firm-specific valuations is 0.239. Women work at firms that pay less. They also work at firms that offer them higher amenity value. Using gender-specific valuations, women do not work at firms that offer them lower overall value. In some specifications, they work at firms that offer more."
    #LaborMarkets #wages #ExperimentalEcon #gpg

  6. Economic slowdown is here

    and are all down and have been down for some time. The news for the and is not good and is getting worse.

    wisconsinui.wordpress.com/2026

  7. Economic slowdown is here

    #wages and #jobs are all down and have been down for some time. The #economic news for the #US and #Wisconsin is not good and is getting worse.

    wisconsinui.wordpress.com/2026

  8. Economic slowdown is here

    #wages and #jobs are all down and have been down for some time. The #economic news for the #US and #Wisconsin is not good and is getting worse.

    wisconsinui.wordpress.com/2026

  9. Economic slowdown is here

    #wages and #jobs are all down and have been down for some time. The #economic news for the #US and #Wisconsin is not good and is getting worse.

    wisconsinui.wordpress.com/2026

  10. Economic slowdown is here

    #wages and #jobs are all down and have been down for some time. The #economic news for the #US and #Wisconsin is not good and is getting worse.

    wisconsinui.wordpress.com/2026

  11. ‘Americans are literally getting squeezed’: A top economist on why your wages are disappearing

    Consumer sentiment in the U.S. has officially never been worse. The University of Michigan’s final April reading came…
    #NewsBeep #News #Economy #Business #CA #Canada #compensation #consumersentiment #consumerspending #inflation #Irán #Jobs #Labor #wages #war
    newsbeep.com/ca/660634/

  12. ‘Americans are literally getting squeezed’: A top economist on why your wages are disappearing

    Consumer sentiment in the U.S. has officially never been worse. The University of Michigan’s final April reading came…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Business #compensation #consumersentiment #consumerspending #Inflation #iran #Jobs #Labor #wages #war
    newsbeep.com/us/635064/

  13. Japanese workers' real wages rose in March for a third consecutive month, supporting the Bank of Japan's case for further interest rate hikes even as the Middle East conflict clouds the economic outlook. japantimes.co.jp/business/2026 #business #economy #wages #japaneseeconomy #economicindicators #middleeast #boj #inflation

  14. 💵 𝐖𝐡𝐲 𝐃𝐞𝐦𝐨𝐜𝐫𝐚𝐭𝐬 𝐀𝐫𝐞 𝐏𝐮𝐬𝐡𝐢𝐧𝐠 $25 𝐌𝐢𝐧𝐢𝐦𝐮𝐦 𝐖𝐚𝐠𝐞 𝐑𝐢𝐠𝐡𝐭 𝐍𝐨𝐰

    #minimumwage #federalminimumwage #wages #pay

    youtube.com/watch?v=GjJ-wux_aw

  15. #GDP growth in #Lithuania will reach 3% in 2026 and 2.3% in 2027, according to Swedbank's latest #forecast. Annual #inflation will shoot up to 5.2% in 2026, while average #wages will rise by 8%, the bank projects.

    viabaltica.fi/lithuania-swedba

  16. UK Leader Slams Trump as ‘Dangerous and Corrupt Gangster’ in Explosive Parliament Speech

    UK Liberal Democrat leader Ed Davey calls Trump a “dangerous and corrupt gangster,” warning of global instability and rejecting U.S. war escalation plans.

    #classConsciousness #collectiveBargaining #EconomicJustice #laborActivism #LaborMovement #MAGA #misinformation #Organizing #pensions #ProgressivePolitics #unionEducation #unions #wages #workerRights #workingClass wp.me/p1OjMZ-oQB
  17. theguardian.com/business/2026/. The two things are not unconnected, @ChrisMayLA6, & represent a fine example of the neo-classical #economic "solution" to #unemployment: clobber the #unions, destroy #collective #bargaining, & return #wages to the state where they can fall below the cost of #reproduction of labour, which is even more possible now than it was in the 19th Century, because we have a #socialsecurity system, funded by #taxpayers, which is rather more humane than the workhouses.

  18. Easy A’s, Less Pay: The Long-Term Effects of Grade Inflation nber.org/papers/w34952
    "Being assigned a higher average grade inflating teacher reduces a student's future test scores, the likelihood of graduating from high school, college enrollment, and ultimately earnings. In contrast, passing grade inflation reduces the likelihood of being held back and increases high school graduation, with limited long-run effects. The cumulative impact is economically significant: a teacher with one standard deviation higher average #gradeInflation reduces the present discounted value of lifetime earnings of their students by $213,872 per year"
    #LaborEcon #wages #Incentives

  19. Do Firms Share their Profits Equally with Women and Men? The Role of Human Capital, Managerial Positions and Unions docs.iza.org/dp18388.pdf
    "… wage-profit elasticity is estimated at 2.8% and is not statistically different for women and men. These non-differing elasticities therefore imply a non-significant price effect in the gender wage gap, which is estimated in our analysis at 15.6%
    … higher human capital – measured here by education level or tenure – and holding a managerial position increase rent-sharing for both men and women
    … Still, rent-sharing seems to fuel the gender wage gap, albeit to a fairly modest extent (at around 5% of the gender wage gap for our benchmark specification) through the channel of segregation (i.e. women are somewhat more concentrated in less profitable firms)"
    #gpg #wages #LaborEconomics

  20. Do Firms Share their Profits Equally with Women and Men? The Role of Human Capital, Managerial Positions and Unions docs.iza.org/dp18388.pdf
    "… wage-profit elasticity is estimated at 2.8% and is not statistically different for women and men. These non-differing elasticities therefore imply a non-significant price effect in the gender wage gap, which is estimated in our analysis at 15.6%
    … higher human capital – measured here by education level or tenure – and holding a managerial position increase rent-sharing for both men and women
    … Still, rent-sharing seems to fuel the gender wage gap, albeit to a fairly modest extent (at around 5% of the gender wage gap for our benchmark specification) through the channel of segregation (i.e. women are somewhat more concentrated in less profitable firms)"
    #gpg #wages #LaborEconomics

  21. Do Firms Share their Profits Equally with Women and Men? The Role of Human Capital, Managerial Positions and Unions docs.iza.org/dp18388.pdf
    "… wage-profit elasticity is estimated at 2.8% and is not statistically different for women and men. These non-differing elasticities therefore imply a non-significant price effect in the gender wage gap, which is estimated in our analysis at 15.6%
    … higher human capital – measured here by education level or tenure – and holding a managerial position increase rent-sharing for both men and women
    … Still, rent-sharing seems to fuel the gender wage gap, albeit to a fairly modest extent (at around 5% of the gender wage gap for our benchmark specification) through the channel of segregation (i.e. women are somewhat more concentrated in less profitable firms)"
    #gpg #wages #LaborEconomics

  22. Do Firms Share their Profits Equally with Women and Men? The Role of Human Capital, Managerial Positions and Unions docs.iza.org/dp18388.pdf
    "… wage-profit elasticity is estimated at 2.8% and is not statistically different for women and men. These non-differing elasticities therefore imply a non-significant price effect in the gender wage gap, which is estimated in our analysis at 15.6%
    … higher human capital – measured here by education level or tenure – and holding a managerial position increase rent-sharing for both men and women
    … Still, rent-sharing seems to fuel the gender wage gap, albeit to a fairly modest extent (at around 5% of the gender wage gap for our benchmark specification) through the channel of segregation (i.e. women are somewhat more concentrated in less profitable firms)"
    #gpg #wages #LaborEconomics

  23. Do Firms Share their Profits Equally with Women and Men? The Role of Human Capital, Managerial Positions and Unions docs.iza.org/dp18388.pdf
    "… wage-profit elasticity is estimated at 2.8% and is not statistically different for women and men. These non-differing elasticities therefore imply a non-significant price effect in the gender wage gap, which is estimated in our analysis at 15.6%
    … higher human capital – measured here by education level or tenure – and holding a managerial position increase rent-sharing for both men and women
    … Still, rent-sharing seems to fuel the gender wage gap, albeit to a fairly modest extent (at around 5% of the gender wage gap for our benchmark specification) through the channel of segregation (i.e. women are somewhat more concentrated in less profitable firms)"
    #gpg #wages #LaborEconomics

  24. A$38.1 billion Gina

    "The court ruling in Gina Rinehart’s mining dispute reveals a lot about the nation’s inherited wealth. And for the past 20 years or more, she has been fighting her own children in a series of court cases that are still continuing."

    "Such disputes over massive inheritances are exactly what would be expected in the “patrimonial” society described by economist Thomas Piketty in his book Capital, a big hit a decade ago. This refers to a society where wealth and social position are dominated by inherited capital, not earned income." >>
    theconversation.com/the-court-

    #UltraWealthy #wealth #inequality #inheritances #EarnedIncome #wages #BankofMumAndDad #WealthTax #family #extractivism

  25. FALLING BEHIND: Wales’s jobs gap with the rest of the UK has widened again — and wages are lagging too, new research finds

    Wales has fallen further behind the rest of the UK on jobs, pay and living standards, according to a major new independent report published today — with the employment gap that narrowed during the 2000s and 2010s now wider than at any point since before the last financial crisis.

    The findings come from the Institute for Fiscal Studies, one of the UK’s leading independent economic research organisations, in a briefing paper published as part of a series specifically examining the Welsh economy ahead of next month’s Senedd election.

    The headline finding is stark. Wales’s employment rate for 16 to 64-year-olds stands at around 71%, compared to 75% in the rest of the UK — a gap of approximately four percentage points. That gap had been narrowed significantly in the decade leading up to the pandemic, falling to around two percentage points in the second half of the 2010s. But Wales’s employment rate fell more sharply after Covid-19 than the rest of the UK, and has not recovered at the same pace, reopening the divide.

    As Swansea Bay News has previously reported, Wales already has the lowest employment rate of any UK nation and the highest economic inactivity rate in Great Britain — with nearly one in four working-age adults not in work and not looking for a job. The IFS findings add independent academic weight to a trend already visible in national statistics.

    On pay, the picture is similarly challenging. Welsh workers earned a median monthly wage of £2,401 in 2025 — around 5% below the UK median. That gap has narrowed only marginally over the past decade, from just over 6% in 2015. The mean pay gap is even wider at 16%, reflecting the fact that Wales has relatively few high earners, both because of the shape of its economy and because Welsh employers tend to host fewer of the highest-paid roles within any given sector.

    The pay divide between Wales and the rest of the UK is almost twice as large in the private sector as in the public sector. That imbalance has a striking consequence: public sector workers in Wales out-earn private sector workers of the same age, sex, education and experience — the reverse of the pattern seen across England as a whole.

    Those lower wages, combined with lower employment, feed directly into household incomes. Median household net incomes in Wales are nearly 6% lower than the UK average. The gap is present across the entire income distribution but is largest at the top — 4% lower at the tenth percentile, widening to 13% lower at the ninetieth. Lower housing costs in Wales provide only partial relief, according to the IFS.

    Jed Michael, one of the report’s authors and a research economist at the IFS, said the data presented a clear challenge for whoever forms the next Welsh Government. “After catching up during the first two decades of the 21st century, more recent data suggest Wales’s employment rate has fallen behind the rest of the UK,” he said. “When combined with lower earnings, this lower employment rate means both lower average household incomes and a slightly higher poverty rate than the UK as a whole — despite lower housing costs.”

    Michael added that the structure of Welsh devolution limited the tools available to address poverty directly. “The Welsh Government has limited control over benefits, which are generally the most direct way to boost the income of low-income households,” he said, pointing to employment, productivity and earnings as the levers that must be pulled instead.

    The report also notes that improving the employment picture would not only raise living standards but directly benefit the Welsh Government’s own finances — through higher devolved income tax revenues and lower spending on devolved benefits such as the council tax reduction scheme.

    The findings landed immediately in the election campaign. Samuel Kurtz MS, Welsh Conservative Shadow Cabinet Secretary for the Economy, said the report confirmed “what people across Wales already feel.” He said: “Fewer people in work, lower wages, and living standards lagging behind the rest of the UK. The Welsh Conservatives have a clear and credible plan to get Wales working — cutting taxes, backing businesses, and creating the conditions for higher wages and more jobs.”

    The IFS report is the fourth in a series of Welsh election briefings funded by the Nuffield Foundation. It does not attribute blame for the trends it identifies to any particular party or government, focusing instead on the data and its implications for future policy.

    The employment picture is particularly relevant to communities across South West Wales. Swansea has recorded the weakest payroll performance of any Welsh city region in recent months, with a net loss of more than 1,300 jobs on payroll in the year to January 2026. That places the city at the bottom of a league table of Welsh regions at a time when the national picture is already challenging.

    The picture in Swansea is not entirely bleak, however, and the IFS data captures trends at a regional level that don’t always reflect the grain of individual investment decisions. A significant wave of business activity has been reported in the city in recent months. Amazon-owned tech firm Veeqo has opened its new headquarters at the 71/72 Kingsway development, where global workspace operator IWG has also taken 20,000 square feet — part of a Kingsway scheme that has attracted its first wave of tenants and formally opened in recent weeks, with a further office development now under way at the former St David’s site. Amazon itself has pointed to £2.4 billion in Welsh investment with Swansea at its centre.

    Beyond the office sector, retailers including Skechers and Boyes have arrived in the city, Greggs has opened a larger city centre shop as part of the ongoing regeneration programme, and a Penllergaer distribution warehouse — approved by Swansea Council’s planning committee this week — is expected to create around 250 jobs when operational. Homegrown businesses are also making their mark: a Swansea firm recently secured £8 million to develop deep-sea wind power technology, Swansea Building Society has expanded its branch network and launched a new app on the back of strong demand, and a women-led city brewery has been celebrating growth. Travis Perkins has relocated its Swansea branch to a larger site in Llansamlet, creating new jobs in the process.

    The IFS report itself acknowledges that improving the employment and earnings picture is a long-term structural challenge, not one that turns on any single investment or announcement. For people in Swansea and across South West Wales, the question the data poses is whether the visible signs of regeneration and investment are translating into better-paid, more secure work — and the IFS findings suggest that on the numbers currently available, the answer is not yet a clear yes.

    The IFS’s analysis is based on a range of official data sources including the Annual Survey of Hours and Earnings and the Family Resources Survey, with the authors noting that well-documented problems with UK labour market data mean the precise employment figures should be treated with some caution, even as the broader trend is clear across multiple datasets.

    Related stories from Swansea Bay News

    ONS figures show Wales unemployment at highest level since 2015
    The national statistics that set the backdrop to today’s IFS findings — Wales already had the worst employment rate of any UK nation.

    BOTTOM OF THE PILE: Swansea recorded as weakest for jobs in Wales as payroll numbers plunge
    The local dimension to the national picture — Swansea sitting at the bottom of the Welsh jobs league table.

    Amazon says £2.4bn investment has boosted Wales — with Swansea at the centre
    The investment case being made for Swansea — and the question of whether it’s closing the gap the IFS has identified.

    SENEDD SHAKE-UP: Winners and losers revealed as First Minister on course to lose seat
    The election context in which today’s IFS report lands — and what the economic picture means for voters on May 7.

    #Business #Economy #employment #IFS #InstituteForFiscalStudies #jobs #livingStandards #pay #unemployment #wages #WelshEconomy
  26. 53+ years of #wagetheft Unfair

    “Junior pay rates" applied to people below the age of 21, meaning 18-year-olds were paid 70 per cent of the award rate, 80 per cent for 19-year-olds and 90 per cent for 20-year-olds.
    abc.net.au/news/2026-03-31/fai

    (Notes:
    1973, Australia’s voting age was lowered from 21 to 18 by the Labor Government.
    1 July 2025, National Minimum Wage $24.95 per hour or $948 per week.)

    Context:
    fairwork.gov.au/pay-and-wages/

    #Capitalism #juniorpay #minimumwage #wages #workingpoor

  27. “As Connolly states, the only way to build strong, effective #left-wing movements is to speak to the immediate, #everyday problems of the #workingclass: their #wages, their #healthcare, their #rent costs, and their overall #qualityoflife.” open.substack.com/pub/joewrote...

    Ireland's ONE WEIRD TRICK To E...

  28. Trump wages Iran war from his own Situation Room at Mar-a-Lago

    misryoum.com/us/today/trump-wa

    WEST PALM BEACH, Fla. — Last weekend, President Donald Trump greeted guests at a children’s charity gala inside his private Mar-a-Lago club. “Have a good time, everybody,” Trump told the crowd, clad in gowns and tuxedos. “We gotta go work.”Then,...

    #Trump #wages #Iran #war #from #his #own #Situation #Room #MaraLago #US_News_Hub #misryoum_com

  29. This year’s spring wage negotiations have kicked off at Japanese electronics manufacturing companies, with unions seeking a pay scale increase of ¥18,000 per month, bigger than last year’s record-high demand. japantimes.co.jp/business/2026 #business #companies #wages #shunto #unions #japaneseeconomy #jobs #hitachi #mitsubishielectric #panasonic #sharp

  30. #MissKittyPolitics Rotten to the core. Affordability that #Pennsylvania. Your billionaires. Mexican #wages. #Thieves. #Human #rights violations. You say they're protecting America? What is your disconnect????? - " #Uline has never responded to the Guardian’s questions about the shuttle ...

    ‘They always gave us the heavi...

  31. The Work-from-home Wage Premium frbsf.org/wp-content/uploads/w
    "… find that workers who work from home earn higher hourly wages than those who do not.
    … premium is driven by selection on unobservable worker characteristics (which could include ability, negotiation skills or bargaining power). Indeed, WFH was more prevalent for workers who already had high hourly wages before the pandemic, and was not associated with higher post-pandemic wage growth.
    … in a world with more widespread #WFH, differences in hourly #wages may significantly understate #inequality, as the best-paid workers are also more likely to receive the WFH amenity.
    … changes in WFH policies (e.g., through widely debated RTO mandates) could have important implications for the allocation of talent and for aggregate productivity: firms offering WFH disproportionately attract more educated and experienced workers
    … stringent #RTO mandates may induce the most productive employees to leave firms that do not offer WFH."
    #LaborMarkets

  32. The email did not contain any details about the nature of the #garnishment, such as how much would be deducted from #wages.

    The #Trump admin ended a 5-year reprieve on student loan repayments in May this year, with forced collections on federal #StudentLoans in default — which meant #tax #refunds & other federal payments could be withheld & applied toward #debt payments.

    #law #Education #CostOfLiving #LivingWage #affordability #TheCrueltyIsThePoint

  33. The average monthly gross #wage in #Lithuania amounted to EUR 2,427.6 in Q3/2025, which was up 8.5% on year, the State #Data Agency reported. Compared to Q2/2025, the average wage rose by 1.7%. Average #wages rose in all municipalities.

    viabaltica.fi/lithuania-averag

  34. The profit margin at general hospitals in Japan, excluding psychiatric institutions, stood at minus 7.3% on average in fiscal 2024, a 0.2 percentage point improvement. japantimes.co.jp/news/2025/11/ #japan #hospitals #doctors #wages #mhlw #surveys

  35. A quotation from Samuel Gompers

    We have been accused of being selfish, and it has been said that we will want more; that last year we got an advance of ten cents and now we want more. We do want more. You will find that a man generally wants more. Go and ask a tramp what he wants, and if he doesn’t want a drink he will want a good, square meal. You ask a workingman, who is getting two dollars a day, and he will say that he wants ten cents more. Ask a man who gets five dollars a day and he will want fifty cents more. The man who receives five thousand dollars a year wants six thousand a year, and the man who owns eight or nine hundred thousand dollars will want a hundred thousand dollars to make it a million, while the man who has his millions will want everything he can lay his hands on and then raise his voice against the poor devil who wants ten cents more a day.

    Samuel Gompers (1850-1924) British-American cigar maker, activist, labor leader [b. Samuel Gumpertz]
    Speech (1890-05-01), “What Does the Working Man Want,” American Federation of Labor Convention, Louisville, Kentucky

    More info about this quote: wist.info/gompers-samuel/80389…

    #quote #quotes #quotation #qotd #gompers #samuelgompers #avarice #greed #perspective #raise #wages #want #wealth