Tag: Wages
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Urgent reforms urged as workers face widening inequality
Overview: A warning from the ILO A new assessment by the International Labour Organization (ILO) warns that the global work landscape is tilting toward greater inequality unless urgent reforms are enacted. The report places the dignity and rights of workers at the center of economic decision-making and calls on governments, employers, and labor organizations to…
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Unemployment Watch: Grim Signals or a Turning Point for the Jobs Market?
Unemployment Watch: What the November Jobs Report Could Reveal Trading floor chatter and policy debates have framed the upcoming jobs report as a potential inflection point for the labor market. With data due on Wednesday, November 5, analysts will be watching closely to see whether the unemployment rate keeps rising, stabilizes, or begins a slow…
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Inflation Still Rising: Trump Says Defeated, but Prices Persist
Overview: A mixed message on inflation As the nation contends with prices that remain elevated for many households, President Donald Trump has presented a counter-narrative. He publicly asserts that inflation has been defeated and notes improvements in areas like grocery prices and mortgage rates. At the same time, the latest data show inflation continuing to…
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The Reality of Low Wages in the Private Sector
The Alarming Wage Statistics in the Private Sector In a striking revelation, recent data shows that approximately 62% of workers in the private sector earn less than €1,000 net per month. This statistic paints a sobering picture of the economic landscape, highlighting the struggles faced by a significant portion of the workforce. With more than…
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Reality of Low Wages in the Private Sector
The Current Wage Landscape in the Private Sector In today’s economy, a shocking 62% of employees in the private sector earn less than €1,000 net per month. This statistic highlights a troubling trend that affects not only individuals but the overall economy. With over half a million individuals still operating under part-time employment conditions, many…