Wage Growth

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.

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.

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.

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.

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.

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 ...

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 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.

White House spokeswoman Sarah Sanders said the economy was experiencing "strengthening US economic growth, historically low unemployment, and increasing wages for American workers".

August's moderation in employment growth, which pushed payroll gains below the 176,000 monthly average for this year likely reflects a seasonal quirk.

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.

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.

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.

Nonfarm payrolls rose by 151,000 jobs last month after an upwardly revised 275,000 increase in July.

US employment rose more than expected in July and wages picked up, bolstering expectations of an acceleration in economic growth and raising the probability of a Federal Reserve interest rate hike this year.

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.

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.

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.

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.

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.

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 ...

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 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.

White House spokeswoman Sarah Sanders said the economy was experiencing "strengthening US economic growth, historically low unemployment, and increasing wages for American workers".

August's moderation in employment growth, which pushed payroll gains below the 176,000 monthly average for this year likely reflects a seasonal quirk.

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.

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.

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.

Nonfarm payrolls rose by 151,000 jobs last month after an upwardly revised 275,000 increase in July.

US employment rose more than expected in July and wages picked up, bolstering expectations of an acceleration in economic growth and raising the probability of a Federal Reserve interest rate hike this year.