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Global CEOs' Pay Rose 50% Since 2019, 56 Times More Than Workers: Report
Noting that the average pay for CEOs in India has reached $2 million a year, a new study by research and advocacy group Oxfam said the average pay for global CEOs surged by 50 per cent in real terms since 2019.
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Why More Americans Find One Job No Longer Enough To Survive
The gig economy, once seen as a side hustle, has become essential for supplementing income as inflation outpaces wage increases.
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Global Jobs Growth To Halve In 2023, Inflation To Eat Into Real Wages: UN Body
The number of unemployed people in the world is expected to rise by 3 million to 208 million in 2023, while inflation will eat into real wages, the ILO said in a report on global trends.
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Growth In 2nd Half Of FY23 To Fall To 4-4.5% Due To Headwinds: Report
The report points to the muted wage growth at the lower end of the income pyramid, resulting in a skewed recovery of consumption demand. A broad-based recovery in consumption demand is imperative for sustained growth.
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Dwindling Wage Growth Emerging As Bigger Worry: Report
Even as the economic recovery gains momentum, dwindling wage growth is emerging as a bigger worry as this leads to tepid demand and resultant under-utilisation of capacity, further elongating the already-large output gap, according to a report.
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Increase In Skilled Visas In Focus At Australian Jobs Summit
Wage growth and skilled migration are set to dominate the Australian government's jobs summit as Prime Minister Anthony Albanese urged compromises between employers and unions to tackle the country's key economic challenges.
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Labour Ministry Forms Panel To Fix Minimum Wages
The group has been formed for a period of three years and it will be headed by Director of the Institute of Economic Growth, Ajit Mishra.
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Auto Industry May Further Cut Production: Report
After denting the auto sector's profitability, the consumption slowdown along with the upcoming shift to BS VI standards will further decelerate production, leading to eventual job losses. Industry insiders point out that slowdown, which is a culmination of high GST tax rates, farm distress, stagnant wages and liquidity constraints, has led to the ...
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Farm Loan Waivers, Not Income Growth Behind Rural Revival: Report
The growth in demand seen in some rural pockets is driven by farm loan waivers and not by real increases in rural incomes and wages, indicating that the economy is still far from a full-blown rural revival, says a report.
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US Job Growth Strong But Unemployment Rate Rises To 4 Per Cent
US job growth increased more than expected in June as manufacturers stepped up hiring, but steady wage gains pointed to moderate inflation pressures that should keep the Federal Reserve on a path of gradual interest rate increases.
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Wall Street Plunges, S&P 500 Erases 2018's Gains
White House spokeswoman Sarah Sanders said the economy was experiencing "strengthening US economic growth, historically low unemployment, and increasing wages for American workers".
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US Job Growth Slows In August; Wage Growth Retreats
August's moderation in employment growth, which pushed payroll gains below the 176,000 monthly average for this year likely reflects a seasonal quirk.
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Rural Wage Growth Defies Demonetisation, Rises To 7.3%: Nomura
According to the financial services major, rural wages may have defied this demonetisation effect because of hike in minimum wages announced by the government in September 2016.
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Brace Up! You May Get Lower Salary Hike Next Year
According to Korn Ferry Hay Group 2017 Salary Forecast, India salary growth is pegged at 10 per cent, while real wages are expected to rise by 4.8 per cent.
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ECB Minutes Firmly Point To December For Decision Over Asset Buys
Core inflation still lacks a convincing upward trend and wage growth has been unexpectedly subdued, but the Eurozone economy is developing along the path seen earlier so it was premature to make a call either way, minutes of the October 20 meeting showed, repeating policymakers widely discussed view.
-
Global CEOs' Pay Rose 50% Since 2019, 56 Times More Than Workers: Report
Noting that the average pay for CEOs in India has reached $2 million a year, a new study by research and advocacy group Oxfam said the average pay for global CEOs surged by 50 per cent in real terms since 2019.
-
Why More Americans Find One Job No Longer Enough To Survive
The gig economy, once seen as a side hustle, has become essential for supplementing income as inflation outpaces wage increases.
-
Global Jobs Growth To Halve In 2023, Inflation To Eat Into Real Wages: UN Body
The number of unemployed people in the world is expected to rise by 3 million to 208 million in 2023, while inflation will eat into real wages, the ILO said in a report on global trends.
-
Growth In 2nd Half Of FY23 To Fall To 4-4.5% Due To Headwinds: Report
The report points to the muted wage growth at the lower end of the income pyramid, resulting in a skewed recovery of consumption demand. A broad-based recovery in consumption demand is imperative for sustained growth.
-
Dwindling Wage Growth Emerging As Bigger Worry: Report
Even as the economic recovery gains momentum, dwindling wage growth is emerging as a bigger worry as this leads to tepid demand and resultant under-utilisation of capacity, further elongating the already-large output gap, according to a report.
-
Increase In Skilled Visas In Focus At Australian Jobs Summit
Wage growth and skilled migration are set to dominate the Australian government's jobs summit as Prime Minister Anthony Albanese urged compromises between employers and unions to tackle the country's key economic challenges.
-
Labour Ministry Forms Panel To Fix Minimum Wages
The group has been formed for a period of three years and it will be headed by Director of the Institute of Economic Growth, Ajit Mishra.
-
Auto Industry May Further Cut Production: Report
After denting the auto sector's profitability, the consumption slowdown along with the upcoming shift to BS VI standards will further decelerate production, leading to eventual job losses. Industry insiders point out that slowdown, which is a culmination of high GST tax rates, farm distress, stagnant wages and liquidity constraints, has led to the ...
-
Farm Loan Waivers, Not Income Growth Behind Rural Revival: Report
The growth in demand seen in some rural pockets is driven by farm loan waivers and not by real increases in rural incomes and wages, indicating that the economy is still far from a full-blown rural revival, says a report.
-
US Job Growth Strong But Unemployment Rate Rises To 4 Per Cent
US job growth increased more than expected in June as manufacturers stepped up hiring, but steady wage gains pointed to moderate inflation pressures that should keep the Federal Reserve on a path of gradual interest rate increases.
-
Wall Street Plunges, S&P 500 Erases 2018's Gains
White House spokeswoman Sarah Sanders said the economy was experiencing "strengthening US economic growth, historically low unemployment, and increasing wages for American workers".
-
US Job Growth Slows In August; Wage Growth Retreats
August's moderation in employment growth, which pushed payroll gains below the 176,000 monthly average for this year likely reflects a seasonal quirk.
-
Rural Wage Growth Defies Demonetisation, Rises To 7.3%: Nomura
According to the financial services major, rural wages may have defied this demonetisation effect because of hike in minimum wages announced by the government in September 2016.
-
Brace Up! You May Get Lower Salary Hike Next Year
According to Korn Ferry Hay Group 2017 Salary Forecast, India salary growth is pegged at 10 per cent, while real wages are expected to rise by 4.8 per cent.
-
ECB Minutes Firmly Point To December For Decision Over Asset Buys
Core inflation still lacks a convincing upward trend and wage growth has been unexpectedly subdued, but the Eurozone economy is developing along the path seen earlier so it was premature to make a call either way, minutes of the October 20 meeting showed, repeating policymakers widely discussed view.
