In the face of rising food prices in Nigeria, many salary earners have had to change the quality of foodstuff they buy or opt for cheaper alternatives.
Opinion and evidence differ on minimum wage policies, but one thing seems clear – they need to be better integrated within a wider economic support strategy.
Opponents of a new California law that may lift the minimum wage for fast food workers claim it’ll cost jobs. How raising it affects employment is among the most studied issues in all of economics.
Canadian economist David Card won the Nobel Prize in economics for demonstrating that large-scale immigration has no effect on the wages of native-born workers. In doing so, he’s challenged Economics 101.
People can die when the federal government doesn’t work well with state and local governments – the COVID-19 crisis showed that. But the Biden administration has signaled an openness to collaboration.
If Canada wants to expand its middle class by substantially improving working conditions in sectors like retail, it must fundamentally reform its labour laws to be similar to Sweden’s.
If the proposed public sector wage freeze is aimed at improving the lot of lower paid workers, there are better alternatives the government should consider.
The federal budget proposed several measures aimed at reducing poverty. But escaping poverty is extremely difficult and can’t be addressed by quick fixes.
Shadow chancellor Anneliese Dodds was understandably sceptical of Rishi Sunak’s claims to be “helping the poorest the most”, but Tories are moving in the right direction.
Peter Martin, Crawford School of Public Policy, Australian National University
A freeze in the minimum wage would make it easier for stressed employers to hang onto their workers says a bare majority of experts surveyed by the Economic Society and The Conversation.