Labour leader Jeremy Corbyn claims they do. Two academics assessed the facts.
Rigor académico, oficio periodístico
Wages – Análisis y Comentarios
Wealth inequality is no 21st-century phenomenon. But it was decisively shaped by public policy during the last 100 years as economies emerged from war and redesigned the structures for life.
There are economic arguments to be had for ensuring an appropriate rate of growth of real wages.
Economic arguments against immigration often rest on simplistic arguments of supply and demand. The data show immigration has a negligible effect on wages, employment or hours worked.
The government has a major headache on its hands with the proposed cuts to penalty rates, which could haunt it all the way to the next election.
Trump’s plans to build a wall with Mexico and deport millions of people in the US illegally cast immigrants as an economic threat to Americans. The evidence suggests otherwise.
Since the 1990s productivity has been slowing in Australia and elsewhere. We aren’t really sure why this is, but here are a couple of theories that could explain it.
If you think the hours you work are all converted directly into dollars, think again. There are a lot of ways employers can manipulate your time – some of which are legal, others highly questionable.
Economist Ross Guest unpacks some of the key numbers in the government’s mid year budget update, with seven charts.
South Africa’s proposed national minimum wage must not be seen as a solution for all the country’s economic problems but as a floor to protect the most vulnerable workers.
Shadow treasurer Chris Bowen said Australian wages growth is at record lows. Is that true?
Although the Fed delayed raising rates this month, it has signaled it intends to wean the U.S. economy off its unprecedented monetary stimulus. Now the question is whether Congress will take the handoff.
Business Briefing: what to do about low incomes
The Conversation10,5 MB (download)
Australia needs to increase productivity in different ways because at the moment living standards are low compared to past years.
Research shows that Roma and other EU migrants don’t come to the UK for state benefits.
Pay transparency laws are the latest effort to eliminate the still-yawning gap between the salaries of men and women. Do they work?
Australia’s wage growth has been sluggish, but the reasons are more complex than they seem.
Was Shadow Minister for Infrastructure and Transport, Anthony Albanese, right to say that evidence shows better pay for truck drivers will improve safety?
Plans to stop universal credit payments in favour of a ‘national living wage’ will not address the long-standing poverty of many people in paid employment.
The Coalition government will retain power if it can convince both business and voters it understands Australia’s economic challenges.
Energy and resources minister Josh Frydenberg said recently that the latest employment figures show extremely strong job growth, the greatest Australia’s had since 2006. Is that right?
Three of our regular writers offer their thoughts on the key economic issues and themes in the new year.
Young people’s transition to work is prolonged and highly precarious. An entry-level job becomes a career, savings become subsistence, weekend shifts become lifelines. It doesn’t have to be this way.
International experiences indicate that South Africa could reduce income inequality by introducing a national minimun wage.
The chorus chanting ‘America needs a raise!’ will undoubtedly grow as Labor Day approaches. They’re not wrong, but America needs more than that.
The July employment report suggests the recent trend of lackluster gains in jobs and wages is continuing, and a rate hike should therefore be off the table for the time being.