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, […]
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 […]
The United States wrapped up 2024 with a surprisingly strong labor market, adding more than 2.2 million new jobs over the course of the year. December alone saw the addition of 256,000 jobs, significantly exceeding expectations and confirming the resilience of the U.S. economy. As unemployment dropped to 4.1%, this growth underscores a robust foundation […]
