From the late 1960s to the early 1980s, more unionised workforces from Europe to Aotearoa New Zealand fought hard to keep wages abreast with inflation. But it’s unlikely that could happen now.
Fed chair Jerome Powell opted for a cautious approach on rates.
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The Fed raised rates by a quarter-point – less aggressive than had been expected before the current banking crisis, but signaling inflation is still its focus.
Investment in UK childcare should go towards better pay and conditions for workers. This could also help increase availability and affordability for parents.
Paramedics and ambulance staff striking for better pay in January 2023.
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For average Australians, the stagnation of real wages has been the most tangible manifestation of the failure of neoliberalism. Yet “wages” are only mentioned four times in Chalmers’ Monthly essay.
Data shows teacher pay never exceeds that of other college graduates.
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A new historical study looking at migration into the US suggests restricting low-skilled immigration boosts low-skilled wages in the short term – but ends up hurting local workers’ wages longer-term.
Usually when jobs and wages are rising, it’s a good thing, but right now they may signal higher odds of a nasty recession – and Americans aren’t ready for it.
Independent Senator David Pocock will vote for the government’s industrial relations bill.
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Peter Martin, Crawford School of Public Policy, Australian National University
For more than a decade, employers have strung out negotiations or let agreements expire. Known as “zombie agreements”, those deals mean too many Australians are living with wages frozen in the past.
The U.S. depends on trains to transport almost half of all freight.
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Peter Martin, Crawford School of Public Policy, Australian National University
Governments budget in billions. Yet analysis prepared for The Conversation shows they’ve been extraordinarily stingy with pay rises – particularly when it comes to teachers and nurses.