Low wage growth is ‘new black’ for workers


Workers are still getting used to the ‘new black’ of wages growth, which is running at just two per cent a year, a leading economist says.Wages rose by just 0.5 per cent in the three months to September 30 as the quarterly wage price index – the preferred measure of …

Economists expect wage growth pick-up

Almost three-quarters of Australians believe politicians are paid too much. No doubt their views clouded by the ongoing citizenship crisis dogging the federal parliament. The latest Essential Research survey found just three per cent thought politicians were not paid enough. Wage growth figures due on Wednesday may leave employees wondering …

Conditions there for wage growth: Deloitte Yahoo7 News

Prime Minister Malcolm Turnbull is “thrilled” with predictions a lift in wages growth – the missing link in Australia’s economic expansion – is on the cards. Leading economist Chris Richardson says Australia’s jobs growth is a “thing of beauty”. But Labor and unions are more concerned about the present with …

UK Unemployment at 42-Year Low Fails to Spur Wage Pickup

For British workers, the lowest jobless rate in more than four decades isn’t enough to maintain their standard of living. Basic wages rose an annual 2.1 percent in the three months through July, unchanged from the second quarter and below market UK jobless rate hits new 42-year low but real …

Fast-food workers strike in St. Paul for $15 minimum wage

ST. PAUL — About 200 fast-food workers and community allies rallied for a strike Monday morning, Sept. 4, to push for a $15 minimum wage. “Hold the burgers, hold the fries, make our wages super sized,” attendees chanted, according to Stephanie Gasca, …Workers demand $15 minimum wage during Labor Day protests

PM ‘thrilled’ by Deloitte wage view

Prime Minister Malcolm Turnbull is “thrilled” with predictions a lift in wages growth – the missing link in Australia’s economic expansion – is on the cards.But Labor and unions are more concerned about the present with wage growth at its lowest rate in at least 20 years and salaries negotiated …

Wage growth remained stalled in August

Wage growth remained sluggish in August even as second-quarter GDP growth rose to meet President Donald Trump’s 3 percent target. Average hourly private-sector earnings rose 2.5 percent in August over the previous year, the Labor Department reported …The Job the Federal Reserve Can’t Get Done

Low wage growth means less spending: PM

Prime Minister Malcolm Turnbull is putting a decline in retail spending down to low wage growth in Australia, as well as high power bills. Source: AAP. 12 MINS AGO UPDATED 11 MINS AGO. Low wage growth means Australians aren’t reaching into their …