Wage Increases

Latest News for: wage increases

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Minimum Wage: Let Nigerian Workers Breathe!

This Day 14 May 2024

... are in absolute support of a new national minimum wage, as an increase in wages could also promote economic activities, stimulate consumption, and enhance the capacity utilisation of businesses”.

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UK jobs market cooling as unemployment rises, but wages still strong – business live

The Guardian 14 May 2024

Rolling coverage of the latest economic and financial news, as the Office for National Statistics publishes its latest UK labour market report Chancellor of the Exchequer Jeremy Hunt is cheered that real wages are continuing to rise, saying.

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UK employers plan 4 per cent pay rises in coming year

CyprusMail 14 May 2024

British employers expect to raise wages by 4 per cent over the coming 12 months, a similar rate to three months ago, according to an industry survey on Monday that suggested businesses were less willing to take on higher labour costs.

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Strong UK pay growth puts interest rate cut path at risk

AOL 14 May 2024

Wages in the UK have grown faster than expected, official figures show, complicating the prospects of an interest rate cut by the Bank of England (BoE) in June ... wage growth could revive high inflation.

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Jeremy Hunt hails cost-of-living boost for Brits as wages rise 2.4% above falling inflation - the...

The Daily Mail 14 May 2024

Jeremy Hunt hailed a cost-of-living boost for Brits today as figures showed wages continuing to rise faster than inflation. Official numbers revealed that regular pay was increasing by 2.4 per cent ...

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Brits won’t stop getting pay rises

The Spectator 14 May 2024

More timely figures from HMRC’s PAYE data show April pay jumping 6.9 per cent – though this was largely an effect of the increase in the national living wage ... This morning’s wage figures may change that.

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UK wage growth raises doubts about early interest rate cut

The Times/The Sunday Times 14 May 2024

Wages accelerated faster than expected over the first quarter of the year, while unemployment ticked up slightly, casting doubt over how soon the Bank of England could cut interest rates for the first time in four years.

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Unemployment, low pay: Tamkeen reports labour market imbalances in Jordan

The Jordan Times 14 May 2024

... low wage rates are among the main reasons for increased unemployment in the Kingdom, whereas Jordanians refuse working low-wage jobs as such jobs fail to meet their most basic living requirements.

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Strong wage growth hits hopes of interest rate cut

The Daily Telegraph 14 May 2024

Rising wages will help with cost of living ... This is the 10th month in a row that wages have risen faster than inflation which will help with the cost of living pressures on families ... 7.23AM Wages grow ...

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Why is India seeing a surge in employment? The answer is not simple

Indian Express 14 May 2024

In that period, the fastest increase in employment has been from 2017-18 to 2022-23 when about 80 million additional employment was reported ... We also find a relative stagnation in aggregate wages and salaries in recent years.

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We Occupied the Harvard’s President’s Office. We Didn’t Face Involuntary Leave.

The Harvard Crimson 14 May 2024

It was 2001, and this was the culmination of a four-year effort by Harvard students to get the University to pay its workers — specifically food service workers, janitors, and security guards — a living wage.

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Outsourced GMCH class IV workers on strike from 15th

The Times of India 14 May 2024

... May 15 due to poor wages, lack of job security, and termination of 107 workers.

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Electricity Tariff: Labour Pickets TCN, Discos, NERC Offices, Grounds Operations

This Day 14 May 2024

Unlike business people, wage earning workers ... “The stagnancy in wage amidst increases in electricity and refined petroleum products push workers over and beyond the limits of sanity and survival.

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In the world’s biggest election, millions of migrants are unable to vote

CNN 14 May 2024

That’s all but impossible for many out-of-state workers, especially underprivileged daily-wage workers in the unorganized sector ... Even then, they earn low wages that are usually sent home to support family members.

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SunPower, SolarEdge, Sunnova stocks jumped: beware of this risk

Invezz 14 May 2024

US solar stocks jumped sharply on Monday as investors cheered the new actions by Joe Biden to increase tariffs on Chinese imports ... In the US, the average hourly wage in the US stands at almost $12. In China, the average wage is less than $1 per hour.