Tesla accused in lawsuit of cheating California workers out of wages
By Daniel Wiessner (Reuters) – Tesla is facing a new proposed class action lawsuit accusing the electric carmaker of a slew of wage law violations against factory and warehouse workers in California,…
AI threatens wages, not jobs – so far, ECB paper finds
FRANKFURT (Reuters) – The rapid adoption of artificial intelligence could reduce wages, but so far is creating, not destroying jobs, especially for the young and highly-skilled, research published by the European Central…
Nissan Motor hiking wages at US auto plants after UAW deal
By David Shepardson (Reuters) -Nissan Motor will hike top wages for workers at U.S. manufacturing plants by 10% in January after the United Auto Workers union reached new contracts with the Detroit…
German union calls for strike at Deutsche Bank’s DB Direkt over wages
BERLIN (Reuters) – Germany’s Verdi union has called on workers at Deutsche Bank’s DB Direkt GmbH subsidiary to go on a one day strike on Wednesday, it said, raising pressure in wage…
ECB’s Lane says wages keeping up domestic inflation
FRANKFURT (Reuters) – Rising wages in the euro zone are keeping up domestic inflation in the euro area but salary growth should moderate in the coming months, European Central Bank chief economist…
Business Owner Demanded Employee Kickbacks After Underpaying Wages
MINEOLA, NY – Nassau County District Attorney Anne T. Donnelly announced charges against Angelo Stanco, 58, and his company, American Paving & Masonry Corp. The charges include Grand Larceny, Failure to Pay…
Japan real wages fall for 16th straight month in July
TOKYO (Reuters) – Japanese real wages extended their fall to a 16th consecutive month in July, government data showed on Friday, as salaries failed to keep up with rising prices. Global financial…
Woodside, unions remain at odds over wages at Australia’s largest LNG facility
SYDNEY (Reuters) -Woodside Energy said “positive progress” was being made on wage disputes at Australia’s largest liquefied natural gas (LNG) facility even as a union alliance said key differences remained ahead of…
Double-digit growth in real wages, retail sales as Russia’s unemployment hits record low
(Reuters) – Record low unemployment in June highlighted Russia’s stark labour shortage, statistics data showed on Wednesday, even as the rebound from last year’s economic slump continued with double-digit jumps in wage…
Biden’s ‘Good-Paying, Union Jobs’ Might Cost Taxpayers Millions Each And Offer Low Wages: REPORT
Biden’s ‘Good-Paying, Union Jobs’ Might Cost Taxpayers Millions Each And Offer Low Wages: REPORT John Hugh DeMastri on July 18, 2023 Although American taxpayers are subsidizing massive electric vehicle (EV) battery plants…
Alibaba’s Ele.me platform signs wages, safety contracts as tech crackdown ends – media
BEIJING (Reuters) – Alibaba’s Ele.me on Thursday became China’s first delivery platform to sign collective contracts on wages and labour safety with its staff, official media reported, as Beijing signals an end…
Instant View: June US jobs growth cooled, but wages won’t comfort Fed
NEW YORK (Reuters) – U.S. job growth slowed more than expected in June after surging in the prior month, but labor market conditions remain tight, with the unemployment rate retreating from a…
White House Claims ‘Bidenomics Is Working’ Despite High Inflation, Stagnating Wages
White House Claims ‘Bidenomics Is Working’ Despite High Inflation, Stagnating Wages Brandon Poulter on June 27, 2023 President Joe Biden’s administration released a memo Monday claiming that it’s economic strategy, known as…
Japan’s spending downturn, wages decline heighten pressure on economy
By Kantaro Komiya TOKYO (Reuters) – Japan’s consumer spending unexpectedly fell in March at the fastest rate in a year, while real wages marked a twelfth month of decline on persistent inflation,…
Spain’s unions and employers agree to raise wages by 4% in 2023
MADRID (Reuters) – Spain’s main unions and representatives of employers reached a preliminary agreement on Friday to grant a 4% wage increase across the board in 2023, El Pais newspaper reported, citing…
Australia to predict lower unemployment, higher wages in looming budget
SYDNEY (Reuters) – Australia’s government is set to cut its forecasts for inflation while also predicting lower unemployment for longer in 2023/24 budget next week, a mix that it hopes will generate…
Auto workers union, Sanders blast GM for wages at US battery plant
By David Shepardson WASHINGTON (Reuters) – United Auto Workers (UAW) union President Shawn Fain and U.S. Senator Bernie Sanders on Thursday criticized a General Motors joint venture battery plant for paying workers…
Italy plans looser rules on short-term jobs, tax cuts on wages
By Giuseppe Fonte ROME (Reuters) – Italy plans contested legislation that will make it easier for firms to hire workers on short-term contracts, as part of a set of measures aimed at…
ALFREDO ORTIZ: Once Again, Wages Are Rising Slower Than Inflation
ALFREDO ORTIZ: Once Again, Wages Are Rising Slower Than Inflation Alfredo Ortiz on April 7, 2023 It’s Bad Friday for American workers, as today’s jobs report reveals the labor market is finally…
Japan February real wages fall for eleventh month but at slower pace
TOKYO (Reuters) – Japan’s real wages fell in February for an eleventh month, labour ministry data showed on Friday, although the rate of the decrease slowed thanks to government energy subsidies aimed…
Thousands protest in Portugal to demand higher wages, cap on food prices
By Sergio Goncalves and Miguel Pereira LISBON (Reuters) – Thousands of protesters filled downtown Lisbon on Saturday to demand higher wages and pensions, as well as government intervention to cap soaring food…
Brazil court approves Americanas payment of wages, some debts
RIO DE JANEIRO (Reuters) – A Brazilian court on Tuesday granted a request by bankrupt retailer Americanas that it be allowed to immediately pay workers’ wages and settle small supplier debts, for…
Japan Dec real wages post first rise in 9 months on 26-year-high nominal growth
TOKYO (Reuters) – Japan’s real wages rose in December for the first time since March despite rising inflation, as nominal pay grew at the fastest pace in nearly 26 years with robust…
BOJ’s Kuroda sees wages rising ‘quite significantly’
TOKYO (Reuters) – Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Friday he expected wages to rise “quite significantly”, boosted by improvements in the economy and a tightening job market. But…
UK pay deals hold at 5% for second month as wages lag inflation – XpertHR
By Suban Abdulla LONDON (Reuters) – Pay awards by British employers held at 5% for the second month in a row in December, well below annual inflation of close to 11%, data…
US payrolls show labor market remains strong but wages rises cool
NEW YORK (Reuters) – The U.S. economy maintained a strong pace of job growth in December, with the unemployment rate falling to 3.5%, but higher borrowing costs as the Federal Reserve fights…
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