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Despite four successive quarters in which the economy’s rate of growth in “aggregate demand” has been very weak, our Reserve is delaying a reduction in interest rates because, it says, the level of demand is still higher than the level of supply. If so, the rate of inflation may not keep falling, or may even […]
このページを 日本語 で読む The run-up to the 2025 spring labor negotiations (shunto) has begun. Rengo (the Japan Trade Union Confederation) has announced its intention to set a “6% or more” target for increasing wages at small and medium-sized enterprises (SMEs). The overall wage hike target, including at large companies, will remain at “5% or more.” […]
Mapped: How Much Americans Spend on Groceries in Each State This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Since August 2020, prices for “food at home” (groceries) have increased by 20% according to data from […]
Outlet after outlet has quickly diagnosed Trump’s victory: it’s the economy, stupid. The Washington Post sardonically cited the Manhattan Institute’s Brian Riedl: “It turns out voters really dislike inflation.” We can expect months of haughty analysis about inflation in the United States, and probably another round of it after the 2025 Australian election, no matter […]
The German automaker has finally made its union demands known, and it’s pushing for sizable cuts October 30, 2024 at 19:06 Volkswagen has finally presented their proposal to the IG Metall union, which calls for the elimination of some bonuses as well as a 10% pay cut. This stands in contrast to the union’s demand […]
OVER 100 barangay employees of Umapad, Mandaue City, were silently protesting at the barangay hall to demand their unpaid wages for almost one year now. For 10 months, salaries of 120 barangay employees, including tanods, Clean and Green personnel, lupon members and drivers, among others, are on hold after the barangay’s finance committee chairperson refused […]
Published economic data shows Australian citizens are now enjoying an era of unprecedented affluence, as Alan Austin reports. THE CRISIS WHICH OPPRESSED many Australians at the end of the recent failed Coalition government period is well and truly over. No, it doesn’t seem that way? This is because relentless Coalition wailing and false media reports continue to […]