Small businesses and lower-income families could feel pinched in the months ahead whether or not a recession is avoided this year.
Category: Wages and Salaries
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U.S. Moves to Bar Noncompete Agreements in Labor Contracts
A sweeping proposal by the Federal Trade Commission would block companies from limiting their employees’ ability to work for a rival.
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Fed Officials Fretted That Markets Would Misread Rate Slowdown
Central bankers remained committed to wrestling inflation lower, and wanted to make sure investors understood that message, minutes from its December meeting showed.
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U.K. Rail Strike May Scuttle Post-Holiday Plans to Return to Work
Public sympathy for striking nurses and other health workers is particularly strong, posing a challenge for Prime Minister Rishi Sunak, who has promised to confront trade unions.
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Why China’s Economy Faces a Perilous Road to Recovery
Years of lockdowns took a brutal toll on businesses. Now, the rapid spread of Covid after a chaotic reopening has deprived them of workers and customers.
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France Desperately Needs Workers, but the Fixes Could Anger Left and Right
Legalization of undocumented workers and pared-down unemployment benefits are part of the government’s plan to fill hundreds of thousands of jobs.
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It’s Boom Times for Santa
Like other in-person workers, Santa took a hit the first two years of the pandemic. But he’s back in a big way.
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U.K. Braces Amid Largest Walkout by Ambulance Workers in Decades
The industrial action, seeking higher pay and better working conditions, was driven by a cost-of-living crisis and coincides with strikes by rail workers, nurses and others.
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Why It’s Hard to Predict What the Economy Will Look Like in 2023
Years into the pandemic, it is still difficult to get a handle on what comes next for the economy by looking at examples from the past.
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Drinking at Work Events and More Questions Answered by Roxane Gay
“Don’t get too drunk at work” is a good rule. Don’t let co-workers convince you to break it.
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U.K. Inflation Rate Slows to 10.7 Percent
Helped by an easing of price increases for fuel and other goods, the rate of inflation in November edged down from a 41-year high.
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Inflation Forecasts Were Wrong Last Year. Should We Believe Them Now?
Economists misjudged how much staying power inflation would have. Next year could be better — but there’s ample room for humility.