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@CAVOK@lemmy.world to Europe@feddit.deEnglish • 1 year ago

UK workers must accept lower pay deals to help beat inflation, says Bank ratesetter

www.theguardian.com

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UK workers must accept lower pay deals to help beat inflation, says Bank ratesetter

www.theguardian.com

@CAVOK@lemmy.world to Europe@feddit.deEnglish • 1 year ago
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Deputy governor also says company must rein in profits as there is ‘some way to go’ to meet 2% inflation target
  • Jaysyn
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    -3•1 year ago

    US wages have gone up almost 10% in two years.

    Compensation costs for civilian workers increased 4.2 percent for the 12-month period ending in December 2023 and increased 5.1 percent in December 2022. Wages and salaries increased 4.3 percent for the 12-month period ending in December 2023 and increased 5.1 percent for the 12-month period ending in December 2022.

    • @Flipper@feddit.de
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      6•1 year ago

      I don’t know about the us, but Germany had an inflation of 10% last year. Suddenly the rise of 10% over 2 years doesn’t look so big.

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