Commentary The Australian Fair Work Commission’s (FWC) recent decision to increase the federal minimum wage by 5.2 percent and 4.6 percent for award minimum wages was higher than most expected. Usually, the FWC strikes a balancing act between the demands of unions and employer groups. But this year, there can be no doubt the commission…
Make No Mistake, Higher Minimum Wages Have Unintended Consequences
June 28, 2022
admin
ACCIAustraliaAustralian inflationAustralian Labor PartyBusiness & Marketseconomyemploymentinflationminimum wage increaseOpinionsmall businessViewpointsWorld
0 Comment
How Many Remote Workers Only Pretend to Work?
Elon Musk keeps making headlines for saying true things that no one else seems willing to say. Last week, he wrote a memo to all Tesla employees ordering them all back to the office, 40 hour per week, period. And it must be the real office, not some WeWork-like outpost of office expats sipping lattes…
Australian PM Says No New Taxes From His Government
April 23, 2022
admin
anthony albaneseAustraliaAustralian federal election 2022Australian Prime Minister Scott MorrisonemploymenttaxWorld
0 Comment
The prime minister has doubled down on the coalition’s promise not to introduce new taxes as Labor pledges to throw more than A$500 million (US$362.36 million) at Veterans’ Affairs to fix a backlog in support claims. Both sides have kicked off Sunday’s campaigning with big cash pledges as Opposition Leader Anthony Albanese remains in isolation…
US Economy Adds 431,000 New Jobs in March, Falling Short of Market Estimates
The U.S. economy added 431,000 new jobs in March, falling short of the market estimate of 490,000, according to new data from the Bureau of Labor Statistics (BLS). This is down from the 750,000 positions created in February. The unemployment rate fell to 3.6 percent, better than economists’ expectations of 3.7 percent. The average hourly…
San Diego County Unemployment Rises to 4.7 Percent in January
March 11, 2022
admin
employmentLocal NewsRegional NewsRegional-Local NewsSan Diego CountySouthern CaliforniaUncategorizedunemployment rateUS
0 Comment
SAN DIEGO—San Diego County’s unemployment rate increased to 4.7 percent in January, up from a revised 4.1 percent in December and below the year-ago estimate of 8.5 percent, according to figures released on March 11 by the state Employment Development Department (EDD). This compares with an unadjusted unemployment rate of 5.5 percent for California, which…
China’s Employment and Tourism Data Reveal a Sinking Economy
Commentary A recent Chinese state media report once again recognized the Chinese market is facing pressure due to weak consumer spending and high unemployment. The last time the Chinese Communist Party (CCP) mentioned the weakened market was in December 2021, when Party leader Xi Jinping presided over an annual central economic work conference in Beijing. But…
Economy Adds 337,000 Jobs in February, Unemployment Rate Falls to Pre-Pandemic Level
Statistics Canada says the economy added 337,000 jobs in February, more than offsetting the loss of 200,000 jobs in January as the unemployment rate fell below pre-pandemic levels. The unemployment rate dropped to 5.5 percent in February compared with 6.5 percent in the first month of the year. That is the lowest it’s been since…
UK Employment Recovers to Pre-Pandemic Levels for First Time, Says Research
The strength of the UK’s labour market has recovered to pre-pandemic levels for the first time, according to new research. The latest business trends report from business advisory firm BDO revealed the employment conditions improved for the fourth consecutive month in February. BDO’s monthly employment index in the report increased to a reading of 110.75…
Mike Rowe Scholarship Highlights the Lost Virtues of Hard Work and Sweat
Commentary LUSBY, Maryland—Tracy Wilson is sitting in the cutest little ranch house in this Calvert County town. It is her dream house—literally her dream house, she explains, as she has had the image of this very home in her mind, down to the color scheme of the exterior. It is 4 in the afternoon, and…
1 in 5 Australian Workers Changed Jobs in the Last Year
Research has found that one in five Australians have changed jobs within the last year and nearly a quarter are considering leaving their jobs. Of those considering changing jobs, more than one in three said the COVID-19 pandemic was a big factor in their decision. “There are a number of theories why the ‘Great Resignation’…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`