The Minister of Economy and Planning of Cuba, Alejandro Gil Fernández, presented a report on the country’s economy in 2023. The president admitted that the expected economic growth of 3% of GDP was not achieved and that there could be “an economic contraction.” In this article we tell you some of the main elements that … Read more
US Federal Reserve Governor US Federal Reserve Governor Jerome Powell’s press conference included the following points: First: The US Federal Reserve Governor reads the interest statement: The US Federal Reserve is committed to returning inflation towards its specified target and optimal exploitation of the labor market. It is natural to look at what has been … Read more
The drop in the unemployment rate is good news, except perhaps for companies which see the balance of power with their future employees reversing. While it often becomes easier than before to find work by crossing the street, negotiation conditions are more favorable to employees seeking qualified employment. Hence this paradox which consists of companies … Read more
ANPNewspaper journalists also want higher wages Trade unions believe income growth is desperately needed to compensate for the “sky-high” inflation of recent years, but employers think it is now a good thing. The major employer organizations VNO-NCW, MKB-Nederland and AWVN to call the increases are unsustainable. “Agreeing these kinds of percentages on autopilot is irresponsible … Read more
According to economic experts, Czechs will be better off next year. Thanks to lower inflation, real wages should start to rise again. The standard of living should also rise with them. The average gross wage in the third quarter of this year rose to 42,658 crowns per month, but inflation, i.e. the rise in prices, … Read more
The Czech economy could finally start growing again after the New Year. Economists expect this, although they warn that the pace will be very slow and it is still not possible to assume that we will reach the level before the pandemic. Experts assume that the Czech economy could start to pick up again from … Read more
Three female Amazon employees have filed a lawsuit against the company alleging gender discrimination. The employees have accused the company of retaliation after filing a complaint about “unequal pay issues.” Carolyn Wilmoth, Katherine Schumer and Erin Combs, who work in various roles within the corporate research and strategy department, said the company assigns female employees … Read more
CNN Indonesia Saturday, 11 Nov 2023 09:57 IWST Jokowi requires regional heads to set a maximum UMR of November 21 2023, to be implemented as of January next year. (CNN Indonesia/Adhi Wicaksono) Jakarta, CNN Indonesia — President Joko Widodo (Jokowi) requires regional heads to determine wages The maximum regional minimum (UMR) is 21 November 2023. … Read more
Residents of some Midwestern and Mountain states gained the most income per capita during the past four years, a Stateline analysis shows, as competition for workers drove up wages in relatively affordable places to live. With the COVID-19 pandemic now in the nation’s rearview mirror, Stateline’s analysis offers a more complete understanding of how some … Read more
Michael Jordan debuts on Forbes’ list of richest Americans Forbes’ list of the 400 richest Americans has a combined $4.5 trillion. Find out who headlines the list. What does it take to be wealthy in 2023? A million dollars in the bank? Two million? How about a salary in the high six figures? In different … Read more