Tag #Wage Growth

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zeit.de

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Feb 18, 13:10

German Poverty Risk Falls, Low-Wage Sector Shrinks: DIW Study

A recent DIW study shows that despite initial wage losses (1995-2012), German real wages rose 18 percent overall by 2022, with lower income groups gaining most; this is despite recent inflation-induced losses.

German Poverty Risk Falls, Low-Wage Sector Shrinks: DIW Study

A recent DIW study shows that despite initial wage losses (1995-2012), German real wages rose 18 percent overall by 2022, with lower income groups gaining most; this is despite recent inflation-induced losses.

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No Poverty

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How did government policies and union actions influence wage growth and income inequality in Germany from 1995 to 2022?

The study, using data from the Federal Statistical Office and the Socio-Economic Panel, shows a positive trend in wages and the labor market. Lower income groups, which experienced significant real wage losses (over 25 percent between 1995-2005) initially, saw substantial gains after 2013, closing the income gap. Factors like the 2015 minimum wage and stronger union advocacy for lower earners contributed to this.

smh.com.au

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Jan 28, 22:13

Australian Election: Climate vs. Cost of Living

Australia's upcoming federal election presents a stark choice between Labor's Anthony Albanese, seen as weak on climate action despite recognizing its importance, and the Coalition's Peter Dutton who seems unconcerned about climate issues while prioritizing using division to gain power; however the ...

Australian Election: Climate vs. Cost of Living

Australia's upcoming federal election presents a stark choice between Labor's Anthony Albanese, seen as weak on climate action despite recognizing its importance, and the Coalition's Peter Dutton who seems unconcerned about climate issues while prioritizing using division to gain power; however the ...

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Climate Action

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How does the public perception of the cost-of-living crisis influence voters' choices, and what is the role of the Reserve Bank in shaping this perception?

The article analyzes the Australian electorate's focus on short-term economic anxieties (cost of living) over long-term concerns like climate change. This prioritization risks electing a government less committed to climate action, exemplified by the comparison between Labor's efforts to increase wages and the Coalition's past inaction. Voters' perception of the cost-of-living crisis is also influenced by the Reserve Bank's interest rate increases aimed at curbing inflation.

english.kyodonews.net

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Dec 31, 16:09

Tokyo Stocks Poised for New Highs in 2025 Amidst Political and Economic Uncertainty

Tokyo stocks are projected to hit new highs in 2025, potentially reaching 45,000 on the Nikkei Stock Average, driven by economic recovery and wage growth; however, political uncertainty and US trade policies pose significant risks.

Tokyo Stocks Poised for New Highs in 2025 Amidst Political and Economic Uncertainty

Tokyo stocks are projected to hit new highs in 2025, potentially reaching 45,000 on the Nikkei Stock Average, driven by economic recovery and wage growth; however, political uncertainty and US trade policies pose significant risks.

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Decent Work and Economic Growth

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How will the expected changes in the yen's value and U.S. monetary policy affect the Japanese stock market in 2025?

The strength of the Japanese stock market in 2024, with a 19 percent annual gain, was significantly fueled by a weak yen boosting exporters' earnings. While a moderate strengthening of the yen is expected in 2025, domestic economic recovery and sustained wage growth are projected to maintain investor interest in Japanese equities.

cnbc.com

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Feb 7, 04:11

Japan's Household Spending Soars, Boosting Case for BOJ Rate Hike

Japan's real household spending rose 2.7% year-on-year in December 2024, exceeding expectations and marking the first increase since July 2024; average spending reached \$2,332, while average monthly income rose to 1,179,259 yen, strengthening the case for another interest rate hike by the Bank of J...

Japan's Household Spending Soars, Boosting Case for BOJ Rate Hike

Japan's real household spending rose 2.7% year-on-year in December 2024, exceeding expectations and marking the first increase since July 2024; average spending reached \$2,332, while average monthly income rose to 1,179,259 yen, strengthening the case for another interest rate hike by the Bank of J...

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Reduced Inequality

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How do the recent increases in household spending and income relate to the Bank of Japan's stated goals and long-term economic strategies?

The unexpected rise in Japan's household spending, exceeding the projected 0.2% increase, is linked to the Bank of Japan's recent benchmark policy rate increase to 0.5%, its highest since 2008. This data supports the BOJ's stated policy of raising rates when a "virtuous cycle" of higher prices and wages emerges, even though current predictions suggest a low probability of an immediate rate hike.

cnbc.com

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Jan 8, 16:09

December US Job Growth Slows, Wages Ease

US private sector job growth unexpectedly slowed to 122,000 in December, the lowest since August, while annual wage growth fell to 4.6 percent, its slowest pace in nearly 3.5 years; however, unemployment claims remain low at 201,000.

December US Job Growth Slows, Wages Ease

US private sector job growth unexpectedly slowed to 122,000 in December, the lowest since August, while annual wage growth fell to 4.6 percent, its slowest pace in nearly 3.5 years; however, unemployment claims remain low at 201,000.

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Decent Work and Economic Growth

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How do the surprisingly low unemployment insurance claims influence the interpretation of the slowing job market and wage growth?

December's slowdown in job creation and wage growth, coupled with surprisingly low unemployment claims, presents a complex picture of the labor market. While hiring cooled, it didn't translate into significant layoffs, indicating a potential shift towards a more moderate pace of growth rather than a sharp contraction. This nuanced situation requires further analysis before drawing definitive conclusions.

lemonde.fr

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Dec 13, 10:10

French 2025 Salary Increases: 1.32% Average Masks Two-Tiered System

A Groupe Alpha study reveals a 1.32% average salary increase in France for 2025, but this masks a two-tiered system; companies offering base salary increases average 2.33%, while 42.6% provide only bonuses, impacting purchasing power differently across employee groups.

French 2025 Salary Increases: 1.32% Average Masks Two-Tiered System

A Groupe Alpha study reveals a 1.32% average salary increase in France for 2025, but this masks a two-tiered system; companies offering base salary increases average 2.33%, while 42.6% provide only bonuses, impacting purchasing power differently across employee groups.

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Reduced Inequality

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What is the average salary increase in France for 2025, and what are its implications for purchasing power?

French salary increases average 1.32% in 2025, according to Groupe Alpha. This is lower than the projected inflation rate of 1.5%, implying a decrease in purchasing power. However, for those in companies offering base salary increases, the average rises to 2.33%, resulting in a purchasing power gain.

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