Category: Wages and Salaries

U.K. Inflation Swings Upward, in a U-Turn

The New York Times – Business:
Prices in Britain reversed a recent downward trend, rising by 10.4 percent in the year through February.
48 Hours Till Payroll, $200,000 to Go: Diary of a Bank Failure

The New York Times – Business:
The collapse of Silicon Valley Bank set major financial disruptions in motion. It also made one founder’s week a scramble.
In Budget Speech, U.K. Government Will Issue a Call to Work

The New York Times – Business:
In a major policy speech, Jeremy Hunt, the chancellor of the Exchequer, is expected to offer plans to promote greater work force participation.
Jobs Report to Offer Fresh Reading on Labor Market’s Tenacity

The New York Times – Business:
After a blockbuster opening to the year, economists expect the February data to show the return of a gradual slowdown in hiring.
Jobs Report to Offer Fresh Reading on Labor Market’s Tenacity

The New York Times – Business:
After a blockbuster opening to the year, economists expect the February data to show the return of a gradual slowdown in hiring.
Fed Chair Opens Door to Faster Rate Moves and a Higher Peak

The New York Times – Business:
In light of recent strong data, Jerome H. Powell said that the Federal Reserve is likely to raise rates higher than expected.
You’re Now a ‘Manager.’ Forget About Overtime Pay.

The New York Times – Business:
New evidence shows that many employers are mislabeling rank-and-file workers as managers to avoid paying them overtime.
Alabama Mining Strike Ends Without a Deal After Nearly Two Years

The New York Times – Business:
The strike at the Warrior Met Coal mine was one of the longest in U.S. history, but the price of coal soared during the walkout, giving the company leverage.
Delta Pilots Approve Contract Raising Pay by 34%

The New York Times – Travel:
The agreement could affect ongoing negotiations between pilots’ unions and other large airlines.
How Health Insurance Works in China, and How It’s Changing

The New York Times – Business:
China is undertaking a far-reaching overhaul of its health care system as its cities reel from the financial pressure of three years of strict Covid policies.
Trial Run of 4-Day Workweek Wins Converts

The New York Times – Business:
Of 61 British companies that participated in a pilot program, 56 said they would continue. Both employers and employees reported benefits.
Unionized HarperCollins Employees Are Back to Work After a 3-Month Strike

The New York Times – Business:
The return, after an agreement that brought a raise in pay for the lowest earners at the publisher, represented a victory to many of the more than 250 workers involved.