Wages are rising in New Zealand. Are Australian workers’ pay packages getting a boost?

The cost of living is rising. Rising food prices and rising interest rates mean that workers are in decline without a substantial increase in wages. Most important points: Without high wage growth, inflation means workers’ living standards will fall Wage growth has been low for ten years Wages in New Zealand rise to absorb inflation … Read more

Canada has over 10 Lakh vacancies and counts, increased from 3 Lakhs in May 2021

Immigrants can fill vacancies and apply for permanent residency In Canada there are more than 10 lakh vacancies. The number of vacancies has increased by over 3 lakh since May 2021. The Labor Force Survey for May 2022 points to growing labor shortages in a number of industries and increased immigration demand to Canada as … Read more

Why the Best States for Business Might Be the Worst for Employees

Companies are not afraid to pick up and move. Many states offer companies tempting incentives such as lower taxes if they relocate their operations, but a superior business environment does not always equate to a superior work environment. “Things that benefit employers when it comes to their profit or their margin, in terms of economic … Read more

These charts show why we might not be in a recession

When the US economy is in recession, someone forgot to tell the job market. The employment picture of the past six months looks nothing like an economy in a downturn, but instead creates jobs at a rapid pace of nearly 460,000 a month. Research by Steve Liesman of CNBC indicates that during a typical downturn, … Read more

Average job switcher got a pay increase of almost 10%, research shows

Morsa images | DigitalVision | Getty Images Many employees who recently switched jobs have seen increases in their new paychecks well outpacing inflation — by nearly 10% or more, according to a new study from the Pew Research Center. The typical American who switched employers in the year from April 2021 to March 2022 received … Read more

Market jump after Fed hike is ‘fall’, Morgan Stanley warns investors

Morgan Stanley is urging investors to resist putting their money to work in stocks, despite the market’s jump following the Fed’s decision. Mike Wilson, the company’s chief US equity strategist and chief investment officer, said he believes Wall Street’s excitement over the idea that rate hikes could slow earlier than expected is premature and problematic. … Read more

Two New ‘Avengers’ Movies Coming to Marvel’s Slate

Actors Robert Downey Jr., Chris Evans, Mark Ruffalo, Chris Hemsworth, Scarlett Johansson, Jeremy Renner and Marvel Studios President Kevin Feige pose for a photo at the TCL Chinese Theater in Hollywood, Los Angeles on April 23, 2019. (Mario Anzuoni, Reuters ) Estimated reading time: 2-3 minutes SAN DIEGO – Two new Avengers movies will hit … Read more

Goldman Sachs considers reversing year-end job losses as economic outlook weakens

People walk past the New York Stock Exchange in New York City on May 12, 2022. Spencer Platt | Getty Images News | Getty Images Goldman Sachs has delayed its hiring and wants to cut the fees it pays to suppliers as the investment bank prepares for more difficult times ahead. But New York-based Goldman … Read more