a new round of global energy price increases, further disruptions in supply chains, and a larger-than-expected pass-through of wage increases into price increases as potential shocks
States may handle taxes differently than the federal government. Your state might have different brackets or a different system altogether. Colorado, for example, has a flat tax rate of 4.4% on taxable income, and some states, such as Wyoming, don't have a state income tax. (See state-by...
In that case, poorer families will almost certainly bear the brunt again, because low-wage workers are often the first to lose hours and jobs. …America’s poor have spent part of the savings they amassed during coronavirus lockdowns, and their wages are increasingly struggling to keep up ...
(2022): "[p]rominence refers to the idea that stimuli highly available to our senses or in our memory are more significant [...] stimuli that have recently attracted attention continue to do so, even if they are no longer task-relevant [...] prominence comes from factors exogenous to ...
faster than wages rose in 2021 does not mean that, if market conditions cause wages to rise at a faster rate than they did in 2022, firms, after absorbing those wage increases, will automatically be able to maintain their elevated profit margins in 2022 by raising prices in 2022 ...
Without access to Pell Grants, higher education has been virtually out of reach for most incarcerated people, who earn an average minimum wage of 86 cents per hour in typical prison jobs, according to a 2017 a...
THE TIME IS NOW: A CALL FOR FEDERAL ELIMINATION OF NON-COMPETES AGAINST LOW-WAGE AND HOURLY WORKERS IN THE WAKE OF THE PANDEMICROSS, LORI N.William & Mary Business Law Review
Before these changes, no regions were designated as eligible for lockdown benefits. Now, the definition of “lockdown” has been adapted to address the gap in general wage and rent support since the CRB phased out in October. The Canada Caregiver Relief Benefit and Canada Support will be avai...
Finally, we show that high levels of wage inflation have historically been associated with a substantial risk of a recession over the next one to two years. We argue that periods that historically have been hailed as successful soft landings have little in common with the present moment. Our ...
and well-anchored longer-term inflation expectations. Some participants noted that nominal wage growth had continued to move down. Further, several observed that, with supply and demand in the labor market being roughly in balance and in light of recent productivity gains, labor market...