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Articles on Inflation

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A full-time minimum wage worker in Philadelphia earns just over $15,000 a year with no vacation or sick days. Allan Baxter/The Image Bank Collection via Getty Images

Philadelphia’s minimum wage has been stuck at $7.25 an hour since 2009 – here’s why efforts to raise it have failed

Voters, city council and even local business leaders have tried to raise the city’s minimum wage, but face pushback from the state legislature in Harrisburg.
While the current episode of inflation has created challenges for many, this is not the first time Canada has gone through such an experience. THE CANADIAN PRESS/Sean Kilpatrick

Here’s what we can learn from Canada’s response to inflation in the 1980s and 1990s

The real question in the minds of many economists is what the trend in inflation will be going forward, and when interest rates will begin to fall and bring relief to Canadians.

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