July 2019 was an incredible month for the Australian labor market. It added close to three times the predicted number of jobs. The unemployment rate stayed at 5.2 percent as the workforce ballooned to a new record. The proportion of those actively looking for a job or in work currently increased to a record 66.1 […]
For many years, Eastern European workers have had lower wages than those in Western Europe. A new survey has reported that wages are increasing in the old Eastern bloc well above inflation to a real wage increase over twice the rate of their Western counterparts. The past ten years saw UK salaries at a standstill, […]
The most extended timeframe of uninterrupted stock market gains in US history has been reached. The bull market turned 3,453 days old in August 2018. The incredible run started on March 9, 2009, rising from the Great Recession and the most alarming financial crisis since the 1930s. The steady economic readjustment, along with the extraordinary […]
