Balearic economy showing signs of slowing down but is holding up well in the face of instability
The Balearic economy grew by 2.7% in the first quarter, a slowdown of two tenths of a percentage…
Japan mulls delaying minimum wage hike
The government is considering delaying its goal of raising the country’s average minimum hourly wages to ¥1,500 (about…
Blue-Collar Wages Rising in Japan Amid Labor Shortage
Labor shortages in some industries are leading to higher wages for blue-collar workers in Japan. Wages in Some…
Major Japanese Firms Boost Wages by Over 5% Again in 2026
Japan Data Economy Work Politics Jun 5, 2026 Major Japanese companies increased wages by more than 5% for…
A Tale of Two Economies: Greek Banks Thrive While Workers Struggle
The 2025 fiscal year was exceptionally profitable for Greece’s systemic banks, with combined net earnings surpassing €4.6 billion.…
Real wages in Europe near pre-pandemic levels, but Iran crisis clouds outlook
European inflation surged in 2022 to levels not seen in 40 years. It peaked above 11% in the…
Japan’s Real Wages Still Lagging Behind Inflation
Real wages fell by 1.3% in Japan in 2025, as payments to workers fail to keep step with…
Pension Under Employer’s Superannuation Trust Is ‘Wages’; Resignation Doesn’t Defeat Earned Pension Rights: Calcutta High Court
The High Court at Calcutta has held that pension payable under an employer’s superannuation trust can fall within…
Japan’s wage squeeze undermines Takaichi’s ‘trickle down’ plans
Despite a decisive election victory built on promises to ease Japan’s cost-of-living crisis, fresh government data released this…
Small firms in Japan struggling to raise wages
Both labor and management are hoping to achieve wage hikes exceeding inflation as this year’s shuntō spring wage…
Our senses tell real immigration impact
In response to my article on housing demand, a reader contacted me to make a number of interesting…
Kaiser labor talks stall, raising fears of another strike
Talks between Kaiser and a labor union representing health care workers ground to a halt late last week,…