Thailand’s inflation rate was 0.3 percent in September 2023, dropping from 0.88 percent in August, with an annual average of 2.8 percent. Core inflation reached 0.63 percent in September. Considerations for companies operating in Thailand The decision of the government not to raise the minimum wa...
As inflation remains stubbornly high, research shows millions of working Americans still live paycheck to paycheck, with little or no money to adequately save for the future or cover an untimely expense. Fortunately, many employers are “embracing new high-impact financial wellness benefits to help ...
According to a letter sent to the statewide Fast Food Council last month, the union is asking for a $20.70 wage starting in 2025 and a $21.40 wage in 2026. The proposed yearly 3.5% increase is a response to rising inflation, the letter said. The council was formed to establish wages an...
2022). To recall, this study was conducted around September-October 2021 (TP1) and December 2021-February 2022 (TP2). Around this time, inflation was increasing; across the short study
The big drop in the rate of inflation meant real wages were growing at their highest pace since September 2021 in the three months to October, according to official figures. The Office for National Statistics (ONS) reported basic pay was 7.3% higher compared to the same period...
Unions have demanded a salary increase of 85 percent given the current levels of inflation in Argentina, where accumulated inflation in the past two months exceeded 45 percent. The council's last agreement was reached in September 2023, when the minimum wage was set at 156,000 pesos (about 18...
WASHINGTON (Reuters) - U.S. labor costs increased moderately in the second quarter as private sector wages grew at the slowest pace in 3-1/2 years, more evidence that inflation was firmly on a downward trend and could help facilitate an interest rate cut in September. ...
Italy Hourly Wage Inflation YoY In Italy, wage growth refers to yearly changes in the hourly wage index. It shows the evolution of contractual hourly wages and salaries, set by collective labour agreements. Actual Previous Highest Lowest Dates Unit Frequency 7.90 2.70 15.80 0.30 1983 - 2023 ...
(NEXSTAR) – Amid inflation, and no changes on the federal level, multiple states will be raising their minimum wages in 2023. The federal minimum wage in the U.S. is$7.25, a rate that hasn’t changed since 2009. As of fall 2022, 15 states and territories had minimum wage rates that...
The federal government established a minimum wage of $0.25 under theFair Labor Standards Act (FLSA)in 1938.That wage was worth $5.48 as of the fourth quarter of 2023 if you adjust it for inflation. The federal minimum wage rate in the United States is $7.25 per hour as of 2024 unless ...