Tag: wage growth
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Household Spending Slumps as Tax Hikes Silence Confidence
Overview: A Cooling of Household Spending Another year, another shift in the wallets of everyday Britons. Household spending fell by 0.2% in 2025, according to Barclays, marking the first decline since the upheavals of 2020. The drop follows a sequence of tax increases and policy changes that have weighed on consumer confidence and the willingness…
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Inflation Falls, but Jobs Market Alarm Bells Ring
Inflation Ease Opens a Window, but the Jobs Picture Clouds the Outlook November’s consumer price data offered one clear headline: inflation is easing. Across the board, prices are falling compared with the previous month, and the annual rate dipped to 3.2% from 3.6% in October. Goods price inflation slowed to 2.1% (down from 2.6%), while…
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BOJ Governor Ueda Signals More Rate Hikes After Lift-Off
Overview: Ueda’s News Conference Signals a Shift in Japan’s Monetary Policy In a closely watched news conference following the Bank of Japan’s surprise move to raise interest rates, Governor Kazuo Ueda indicated that the central bank stands ready to implement additional hikes if inflation and growth trajectories justify tightening. The decision marks a watershed moment…
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US unemployment rises in November to four-year high but debate continues over Fed path
H2: US unemployment climbs to four-year high in November US unemployment rose in November, reaching a four-year high as the labor market showed signs of cooling after a string of strong reports. The uptick comes as economists weigh the implications for the Federal Reserve’s policy path and the broader economy. While the job market remains…
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UK to See Pay Rise as Reeves Unveils Next-Year Minimum Wage Increase
A Key Policy Move to Boost Living Standards UK workers are set for a pay bump next year as the government outlines a plan to raise the minimum wage. Finance and policy ministers, led by Chancellor of the Exchequer Rachel Reeves, confirmed that the national living wage will increase by 4.1%. The move aims to…
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September Jobs Report Delayed: What the Overdue Bureau Says About the U.S. Labor Market
Overview: A Delayed Snapshot of the U.S. Job Market The Labor Department released an overdue September jobs report on Thursday, a release that arrived almost seven weeks later than planned. The government shutdown disrupted data collection, pushing this essential snapshot into a much later window and delaying any subsequent updates until mid-December. For economists, policymakers,…
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RBA Says Job Market Is Too Tight to Keep Inflation at Target
Australia’s Job Market Remains Too Tight to Bring Inflation to Target Australia’s labor market is showing limited signs of cooling, with the Reserve Bank of Australia (RBA) flagging that a persistently tight jobs market will complicate its effort to bring inflation back to the central bank’s 2-3% target. In a briefing on Thursday, RBA Assistant…
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RBA Signals Australian Job Market Too Tight to Meet Inflation Target
Australia’s Job Market Remains Tight, Challenging Inflation Goals Australia’s labor market is proving to be a stubborn barrier to the Reserve Bank’s efforts to bring inflation back to its 2-3% target. In a briefing on Thursday, Reserve Bank Assistant Governor Sarah Hunter indicated that while policymakers are assessing how close the economy is to full…
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Wage Growth Slows in Australia as Real Wages Decline
Australia’s Real Wages Dip as Inflation Outpaces Pay Latest wage data confirms a slowdown in wage growth, with private-sector workers seeing real incomes fall in the September quarter. Despite ongoing labour market tightness, wages have not kept pace with rising prices, raising questions about household living standards and the trajectory of monetary policy. What the…
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Wages Stagnate as Inflation Surges Narrow Real Gains for Australian Workers
Wages Growth Slows to Real-World Standstill Updated wage data for Australia show a sobering reality: private-sector wages are growing only just faster than inflation, leaving workers with little to no real wage gain in the September quarter. The figures underscore a shift from a period of higher nominal pay increases to a more restrained pace…