Wages have risen this year, but inflation has made that money worth less than before, preventing any meaningful improvement in living standards.
Inflation Has Turned $15 An Hour Wages Into A Setback
By Noah Smith | Bloomberg, Washington Post: Business
Fri, 09/17/2021 - 6:38am
BING NEWS:
- Corporate profiteering is the main source of inflation and people’s never-ending cost-of-living crisis. Here’s why
Corporations make obscene profits by squeezing household budgets and workers’ pay to enrich a few executive and shareholders who have no loyalty to any place, product or people. Money is their only ...
05/17/2024 - 12:19 am | View Link - Eurozone inflation to fall faster than expected, EU says
Eurozone inflation is set to drop faster than previously expected this year as the impact of Red Sea trade disruption proves milder than expected, according to updated EU estimates.
05/14/2024 - 10:54 pm | View Link - Live news: Tencent profits surge on ad revenues as gaming sales struggle
Flutter: Shares in the owner of the Paddy Power and Betfair gambling brands slipped 3.3 per cent after it held its profit guidance steady despite reporting a surge in quarterly core profit of 46 per ...
05/13/2024 - 10:23 pm | View Link - MARK-TO-MARKET: California's $20/hour minimum wage stirs controversy in fast food industry
AB 1228 effectively creates a two-tiered minimum- wage structure in California. First, it imposes a $20 per hour minimum wage for much of the fast-food industry. Then there is the existing $16 per ...
05/11/2024 - 11:00 pm | View Link - Push continues for Ohio minimum wage to move to $15 per hour. Voters may see issue soon.
Ohio’s minimum wage is $10.45 per hour for most employees, which is higher than the federal minimum wage of $7.25 per hour.
05/10/2024 - 5:40 am | View Link - More
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