Shrinking Graduate Salary Premium Fuels Political Instability
A Resolution Foundation report reveals a 4% real-term decrease in new graduate salaries over two decades, while the minimum wage has risen by 60%, blurring the lines between white-collar and blue-collar jobs and potentially fueling political instability among disillusioned young professionals.
Shrinking Graduate Salary Premium Fuels Political Instability
A Resolution Foundation report reveals a 4% real-term decrease in new graduate salaries over two decades, while the minimum wage has risen by 60%, blurring the lines between white-collar and blue-collar jobs and potentially fueling political instability among disillusioned young professionals.
Progress
48% Bias Score
UK Graduate Salaries Drop 4 Percent as Minimum Wage Soars
A Resolution Foundation study reveals a 4 percent drop in real terms for UK graduate salaries (to £34,000) between 2001 and 2023, while minimum wage rose by nearly 60 percent (£21,700), significantly narrowing the pay gap and impacting lower-earning graduates disproportionately.
UK Graduate Salaries Drop 4 Percent as Minimum Wage Soars
A Resolution Foundation study reveals a 4 percent drop in real terms for UK graduate salaries (to £34,000) between 2001 and 2023, while minimum wage rose by nearly 60 percent (£21,700), significantly narrowing the pay gap and impacting lower-earning graduates disproportionately.
Progress
36% Bias Score
Surge in Protests Reflects Growing Dissatisfaction and Inequality
From 10,902 protests in 1994 to 31,715 in 2023, this country shows a rise in public demonstrations driven by labor issues (9,652), political measures (3,393), and healthcare concerns (1,900), reflecting growing citizen awareness and dissatisfaction amidst persistent socioeconomic inequality.
Surge in Protests Reflects Growing Dissatisfaction and Inequality
From 10,902 protests in 1994 to 31,715 in 2023, this country shows a rise in public demonstrations driven by labor issues (9,652), political measures (3,393), and healthcare concerns (1,900), reflecting growing citizen awareness and dissatisfaction amidst persistent socioeconomic inequality.
Progress
32% Bias Score
The Illusion of a Single Interest Rate: The Limits of Central Bank Control
This article refutes the idea of a uniform interest rate, arguing that borrowing costs are highly variable and depend on individual circumstances, rendering the Federal Reserve's control over them limited, as evidenced by the vast differences in borrowing costs between wealthy individuals and those ...
The Illusion of a Single Interest Rate: The Limits of Central Bank Control
This article refutes the idea of a uniform interest rate, arguing that borrowing costs are highly variable and depend on individual circumstances, rendering the Federal Reserve's control over them limited, as evidenced by the vast differences in borrowing costs between wealthy individuals and those ...
Progress
60% Bias Score
Israel Faces Looming Poverty Crisis Amidst Planned Economic Increases
The 2024 Latet report shows 1.24 million Israeli children (39.6%) and 678,200 families live in poverty; The Soup Kitchen warns that planned economic increases will cause a major crisis, as requests for aid have risen 40% since the war.
Israel Faces Looming Poverty Crisis Amidst Planned Economic Increases
The 2024 Latet report shows 1.24 million Israeli children (39.6%) and 678,200 families live in poverty; The Soup Kitchen warns that planned economic increases will cause a major crisis, as requests for aid have risen 40% since the war.
Progress
56% Bias Score
Rotterdam's Yess Store Highlights Persistent Need for Informal Food Assistance
In Rotterdam's Bospolder-Tussendijken, the Yess giveaway store, founded during the COVID-19 pandemic, provides free groceries and community support, distributing 1200 bags at schools and 600 Christmas hampers this year, highlighting the continued need for informal food assistance due to rising costs...
Rotterdam's Yess Store Highlights Persistent Need for Informal Food Assistance
In Rotterdam's Bospolder-Tussendijken, the Yess giveaway store, founded during the COVID-19 pandemic, provides free groceries and community support, distributing 1200 bags at schools and 600 Christmas hampers this year, highlighting the continued need for informal food assistance due to rising costs...
Progress
40% Bias Score
Minimum Wage Hikes Impact 9.2 Million Workers
On January 1, 2024, minimum wage increased in 21 states, affecting 9.2 million workers and boosting pay by $5.7 billion; additional increases occurred in various cities, spurred by inflation and labor movements pushing for a $17 federal minimum wage, which currently stands at $7.25.
Minimum Wage Hikes Impact 9.2 Million Workers
On January 1, 2024, minimum wage increased in 21 states, affecting 9.2 million workers and boosting pay by $5.7 billion; additional increases occurred in various cities, spurred by inflation and labor movements pushing for a $17 federal minimum wage, which currently stands at $7.25.
Progress
40% Bias Score
Central Bank Policies Exacerbate Inequality and Fuel Systemic Risk
Global central banks' low-interest rate policies, while inflating asset prices, disproportionately benefited the wealthy and fueled corporate debt, creating a self-reinforcing cycle of stock buybacks and executive bonuses, without generating substantial economic growth.
Central Bank Policies Exacerbate Inequality and Fuel Systemic Risk
Global central banks' low-interest rate policies, while inflating asset prices, disproportionately benefited the wealthy and fueled corporate debt, creating a self-reinforcing cycle of stock buybacks and executive bonuses, without generating substantial economic growth.
Progress
48% Bias Score
Turkey's Poverty Rate Rises to 13.6% in 2024
Turkey's 2024 poverty rate increased to 13.6 percent, based on 50 percent of equivalent household disposable per capita median income, with Kırıkkale, Aksaray, Niğde, Nevşehir, and Kırşehir provinces reporting the highest rates at 14.6 percent.
Turkey's Poverty Rate Rises to 13.6% in 2024
Turkey's 2024 poverty rate increased to 13.6 percent, based on 50 percent of equivalent household disposable per capita median income, with Kırıkkale, Aksaray, Niğde, Nevşehir, and Kırşehir provinces reporting the highest rates at 14.6 percent.
Progress
24% Bias Score
Turkey's Income Inequality Remains High Despite Slight Decrease
Turkey's 2024 income distribution statistics show the top 20% earned 48.1% of total income, while the bottom 20% received 6.3%, with the Gini coefficient at 0.413, revealing persistent inequality across regions.
Turkey's Income Inequality Remains High Despite Slight Decrease
Turkey's 2024 income distribution statistics show the top 20% earned 48.1% of total income, while the bottom 20% received 6.3%, with the Gini coefficient at 0.413, revealing persistent inequality across regions.
Progress
20% Bias Score
5,000 Starbucks Workers Conclude Five-Day Holiday Strike Over Contract Dispute
On December 24th, approximately 5,000 Starbucks workers in over 300 US stores concluded a five-day strike protesting stalled contract negotiations and alleged broken agreements on wages, with the union citing inadequate compensation despite Starbucks' claim of competitive pay.
5,000 Starbucks Workers Conclude Five-Day Holiday Strike Over Contract Dispute
On December 24th, approximately 5,000 Starbucks workers in over 300 US stores concluded a five-day strike protesting stalled contract negotiations and alleged broken agreements on wages, with the union citing inadequate compensation despite Starbucks' claim of competitive pay.
Progress
44% Bias Score
Turkey's Shrinking Social Protection Spending: A 28% Drop in Pension and Elderly Care Allocation
Turkey's allocation to pension and elderly care dropped to 4.4% of GDP in 2023, down from 6.1% in 2019, reflecting a broader decline in social protection spending and highlighting income inequality.
Turkey's Shrinking Social Protection Spending: A 28% Drop in Pension and Elderly Care Allocation
Turkey's allocation to pension and elderly care dropped to 4.4% of GDP in 2023, down from 6.1% in 2019, reflecting a broader decline in social protection spending and highlighting income inequality.
Progress
40% Bias Score