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Labor economics


By Jeff Elder Examiner editor This Labor Day weekend, one of the biggest economic stories in the world takes place in San Francisco. The odd-job economy is headquartered here, and the struggle for a fair wage for its workers takes place in courtrooms, elections and the streets. Uber, Lyft, and DoorDash are clustered together on …

(Bloomberg) – Australia’s economy grew faster than expected in the last quarter as households used their savings to increase spending, underscoring the central bank’s view that the country has entered a new lockdown with strong dynamic. Gross domestic product rose 0.7% in the three months to June compared to the previous quarter, when it rose …

“Let the dollars flow, let the dollars flow …” vorDa / gettyimages.com According to Matt Baume, one of the main reasons Seattle restaurants are currently experiencing a severe labor shortage is due to this disincentive: wages are too low to make livability stress-free in a city. which has almost no affordable or public / cost-controlled …

This happens in large chain stores and local markets. After the wave of panic buying a year ago, a few empty shelves still haunt grocery stores and food prices continue to climb. The US Department of Labor reports that in the past 12 months since July 2020, the Consumer Price Index has increased 5.4%, including …

NOTannies are rare, so they command much higher wages. Demand for nannies has skyrocketed as the COVID-19 pandemic has struck and has not abated. Nannies looking for work are empowered to ask for higher hourly wages given their scarcity, a change that should last. Nanny sales froze during the pandemic, and several nannies were held …

This is one of the key questions central bankers face when they gather this week for an annual meeting in Jackson Hole, Wyoming. What’s going on: The event, which typically includes central bankers from around the world, will be a streamlined affair due to the pandemic. Neither European Central Bank President Christine Lagarde nor Bank …

Steps for Korea’s ‘graduation’ – Korea Times Opinion 2021-08-22 17:05 Steps for Korea’s “graduation” By Ahn Ho-young The Foreign Ministry announced on July 4 that the United Nations Conference on Trade and Development (UNCTAD) had decided to classify Korea as a developed country at its recent board meeting in Geneva. It was interesting for me …

BISMARCK – A new economic outlook report predicts a slowing recovery for North Dakota as the state emerges from a pandemic pit. Report compiled by Jeremy Jackson, professor of economics at North Dakota State University, predicts a decline in state gross product, labor force participation and total wages over the coming months . However, Jackson’s …

Data: Bureau of Labor Statistics, FRED; Graphic: Axios Visuals July United States. The jobs report was a blockbuster, but there is still room for improvement in the job market and the recent spike in COVID-19 cases means it’s too early to celebrate. Why is this important: The US economy continues to show great momentum, putting …

WASHINGTON – Today, President Joe Biden announced his intent to nominate the following 10 individuals to serve in key roles: David R. Gilmour, Nominee for Ambassador Extraordinary and Plenipotentiary to the Republic of Equatorial Guinea Scott Miller, Nominee for Ambassador Extraordinary and Plenipotentiary to the Swiss Confederation and to the Principality of Liechtenstein Marc R. …