And all this productivity is why wage growth keeps beating inflation, said Betsey Stevenson, a professor of economics at the University of Michigan. “Real wage growth has to come from productivity ...

The labor ministry on Feb. 5 announced that real wages in 2024 continued falling for the third consecutive year, as pay ...

The discrepancy is because the cost of rent and medical expenses are not used to calculate the consumer price index, from ...

Based on the relationship between GDP and employment growth in the country, the estimated ‘open’ unemployment rate in the ...

The Bank of Japan will continue to raise interest rates if underlying inflation accelerates toward its 2% target as projected, a senior central bank official said on Wednesday. "Underlying inflation ...

Members of California’s Fast Food Council were not deterred by a chorus of franchise owners who gathered at a Jan. 23 meeting to object to plans ...