Israel's Tight Labor Market Casts Shadow on Optimistic Inflation Forecast
Governor Amir Yaron presented an optimistic inflation forecast to the Knesset Finance Committee, projecting a 2.1% rate by August 2025, despite a tight labor market with 2.6% unemployment and significant wage growth (6% in the first nine months of 2024).
Israel's Tight Labor Market Casts Shadow on Optimistic Inflation Forecast
Governor Amir Yaron presented an optimistic inflation forecast to the Knesset Finance Committee, projecting a 2.1% rate by August 2025, despite a tight labor market with 2.6% unemployment and significant wage growth (6% in the first nine months of 2024).
Progress
52% Bias Score
Madrid Hotels: Soaring Profits Amid Stagnant Worker Salaries
Madrid's hotel industry shows a stark contrast between booming profits—with revenues tripling and prices increasing by 61.5% since 2021—and stagnant worker salaries, which only saw a 10% rise, prompting crucial wage negotiations affecting 16,000 employees and potentially influencing other Spanish re...
Madrid Hotels: Soaring Profits Amid Stagnant Worker Salaries
Madrid's hotel industry shows a stark contrast between booming profits—with revenues tripling and prices increasing by 61.5% since 2021—and stagnant worker salaries, which only saw a 10% rise, prompting crucial wage negotiations affecting 16,000 employees and potentially influencing other Spanish re...
Progress
56% Bias Score
High Taxes and 'Mali Anestezi' in Turkey Fuel Dissatisfaction
Turkey's 'tevkifat' tax system, where employers withhold taxes before employee payouts, causes widespread dissatisfaction due to the perceived high tax burden stemming from multiple tax layers (income tax, KDV, ÖTV etc.) and a lack of transparency, impacting net income and potentially hindering futu...
High Taxes and 'Mali Anestezi' in Turkey Fuel Dissatisfaction
Turkey's 'tevkifat' tax system, where employers withhold taxes before employee payouts, causes widespread dissatisfaction due to the perceived high tax burden stemming from multiple tax layers (income tax, KDV, ÖTV etc.) and a lack of transparency, impacting net income and potentially hindering futu...
Progress
48% Bias Score
Dutch Inflation Soars to 4.1 Percent in December 2024
Dutch inflation hit 4.1 percent in December 2024, the highest in 18 months, driven by excise duty increases and rising energy prices, despite wage increases compensating for past price rises; this contrasts sharply with the Eurozone average and raises concerns about 2025.
Dutch Inflation Soars to 4.1 Percent in December 2024
Dutch inflation hit 4.1 percent in December 2024, the highest in 18 months, driven by excise duty increases and rising energy prices, despite wage increases compensating for past price rises; this contrasts sharply with the Eurozone average and raises concerns about 2025.
Progress
40% Bias Score
Turkey's 2023 Average Income: 26,402 TRY Per Capita
TÜİK reported that the average monthly gross income per capita in Turkey was 26,402 TRY in 2023, while the average monthly gross wage was 23,789 TRY; men earned more than women across all categories, and income increased with education level.
Turkey's 2023 Average Income: 26,402 TRY Per Capita
TÜİK reported that the average monthly gross income per capita in Turkey was 26,402 TRY in 2023, while the average monthly gross wage was 23,789 TRY; men earned more than women across all categories, and income increased with education level.
Progress
28% Bias Score
Stagnant Wages Projected for Apulian Families in 2025
Bank of Italy projections forecast stable wages and purchasing power for Apulian families in 2025, despite a 1.7 percent employment increase and 0.5 percent GDP growth, highlighting the need for increased productivity to overcome national and international economic challenges.
Stagnant Wages Projected for Apulian Families in 2025
Bank of Italy projections forecast stable wages and purchasing power for Apulian families in 2025, despite a 1.7 percent employment increase and 0.5 percent GDP growth, highlighting the need for increased productivity to overcome national and international economic challenges.
Progress
44% Bias Score
US Year-End Bonuses Up 2% in 2024
Year-end bonuses for employees in US small- to medium-sized businesses averaged \$2,503 in December 2024, a 2% increase from 2023, reflecting a strong economy but with variations across sectors.
US Year-End Bonuses Up 2% in 2024
Year-end bonuses for employees in US small- to medium-sized businesses averaged \$2,503 in December 2024, a 2% increase from 2023, reflecting a strong economy but with variations across sectors.
Progress
44% Bias Score
German Baking Trade Faces Apprentice Crisis
The German Food, Beverages and Gastronomy union (NGG) conducted a survey revealing that 16 percent of baking apprentices view their profession as a last resort, prompting concerns about the future of the trade and upcoming collective bargaining negotiations to improve wages and training conditions.
German Baking Trade Faces Apprentice Crisis
The German Food, Beverages and Gastronomy union (NGG) conducted a survey revealing that 16 percent of baking apprentices view their profession as a last resort, prompting concerns about the future of the trade and upcoming collective bargaining negotiations to improve wages and training conditions.
Progress
40% Bias Score
Netherlands Inflation Soars to 3.3 Percent, Outpacing European Average
In 2024, the Netherlands faced 3.3 percent inflation, significantly higher than the European average of 2.4 percent, primarily due to increased housing costs, higher taxes, and substantial wage growth, exceeding expectations and posing a significant economic challenge.
Netherlands Inflation Soars to 3.3 Percent, Outpacing European Average
In 2024, the Netherlands faced 3.3 percent inflation, significantly higher than the European average of 2.4 percent, primarily due to increased housing costs, higher taxes, and substantial wage growth, exceeding expectations and posing a significant economic challenge.
Progress
40% Bias Score
Dutch Pharmacies to Close Nationwide in Renewed Strike
Dutch pharmacy employees will strike nationwide on Thursday and Friday of next week, closing almost 2000 pharmacies due to an ongoing dispute over a 6% pay increase and high workload, despite a court previously halting a strike due to potential health risks.
Dutch Pharmacies to Close Nationwide in Renewed Strike
Dutch pharmacy employees will strike nationwide on Thursday and Friday of next week, closing almost 2000 pharmacies due to an ongoing dispute over a 6% pay increase and high workload, despite a court previously halting a strike due to potential health risks.
Progress
40% Bias Score
Starbucks Baristas Strike Over Wages and Working Conditions
Starbucks baristas in Los Angeles, Chicago, and Seattle began a five-day strike on Friday, citing unfair labor practices, insufficient wages ($21/hour), and inadequate staffing; the union representing them, Starbucks Workers United, says the action could escalate to hundreds of stores by Christmas E...
Starbucks Baristas Strike Over Wages and Working Conditions
Starbucks baristas in Los Angeles, Chicago, and Seattle began a five-day strike on Friday, citing unfair labor practices, insufficient wages ($21/hour), and inadequate staffing; the union representing them, Starbucks Workers United, says the action could escalate to hundreds of stores by Christmas E...
Progress
40% Bias Score
French Executive Compensation Lags Behind Inflation, Impacting Purchasing Power
A recent study by Apec reveals that despite a record 60% of French executives receiving salary increases in 2024, median executive compensation has increased less than inflation since 2019, resulting in decreased purchasing power for over 60% of executives, with a persistent gender pay gap.
French Executive Compensation Lags Behind Inflation, Impacting Purchasing Power
A recent study by Apec reveals that despite a record 60% of French executives receiving salary increases in 2024, median executive compensation has increased less than inflation since 2019, resulting in decreased purchasing power for over 60% of executives, with a persistent gender pay gap.
Progress
48% Bias Score