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wage-price spiral

  • ANALYSIS: High Inflation Fuels Turbulent Times for Workforce
    ANALYSIS: High Inflation Fuels Turbulent Times for Workforce
    High inflation in Canada for more than two years is fuelling a surge in the number of labour strikes, which are, in turn, pushing wages higher.
    October 11, 2023BY Rahul Vaidyanath
  • Opposing Advice From Australia’s RBA Governor ‘Deliberately’ Leaked to Damage Government: Minister
    Opposing Advice From Australia’s RBA Governor ‘Deliberately’ Leaked to Damage Government: Minister
    SYDNEY, Australia—Assistant Minister to the Prime Minister, Patrick Gorman, found it “disappointing” that an individual leaked an exchange ...
    May 28, 2023BY Rebecca Zhu
  • Sky-High Inflation Is the Price of ‘Too Much Stimulus’: Obama-Era Economic Adviser
    Sky-High Inflation Is the Price of ‘Too Much Stimulus’: Obama-Era Economic Adviser
    Steven Rattner, who served as an adviser to the Treasury Secretary under the Obama administration, told CNBC in ...
    September 15, 2022BY Tom Ozimek
  • Apple to Hike Wages Amid Tight Labor Market, Inflationary Pressures
    Apple to Hike Wages Amid Tight Labor Market, Inflationary Pressures
    Apple has announced plans to raise salaries for U.S. workers by at least 10 percent in a tight ...
    May 26, 2022BY Tom Ozimek
  • 70 Percent of Companies Saw Wages Surge in Q1 of 2022: NABE Survey
    70 Percent of Companies Saw Wages Surge in Q1 of 2022: NABE Survey
    A record number of American companies had to pay higher wages during the first quarter of 2022 according ...
    April 25, 2022BY Naveen Athrappully
  • Hourly Earnings Rise Above Expectations, Stirring Wage-Price Spiral Inflation Fears
    Hourly Earnings Rise Above Expectations, Stirring Wage-Price Spiral Inflation Fears
    Wages among hourly workers in the United States rose above expectations in January, putting economists on alert for ...
    February 4, 2022BY Tom Ozimek
  • UK Central Bank Chief Urges People Not to Ask for Raises to Fight Inflation
    UK Central Bank Chief Urges People Not to Ask for Raises to Fight Inflation
    The Bank of England governor has recommended workers not to demand pay raises as the country battles decades-high ...
    February 4, 2022BY Naveen Athrappully
  • Americans’ Near-Term Inflation Expectations Stuck at Record High
    Americans’ Near-Term Inflation Expectations Stuck at Record High
    Americans' expectations for what inflation will be one year from now remained stuck at a record high for ...
    January 10, 2022BY Tom Ozimek
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    11hr By Dorothy Li
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  • 9 Unexpected Consequences of Routine Medical Tests
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