In the United States, as in many nations around the world, people are having fewer children. According to the CDC, the country’s birth rate is at a record low, a trend that may eventually threaten tax ...

Wage growth is slowing down for all workers following the booming recovery from the COVID-19 pandemic, but it’s dropping at the fastest pace for workers at the bottom end of the income spectrum.

(CNN) -- Voters in Geneva, Switzerland, have agreed to introduce a minimum wage in the canton that is the equivalent of $25 an hour -- believed to be the highest in the world. According to government ...

Pakistan’s post-pandemic recovery came to a halt in the year 2023, and the economy has contracted after 2 consecutive years of growth. The real GDP also declined by 0.6%. Moreover, the devastating ...

LOS ANGELES — Voters will decide in November whether California should raise its hourly minimum wage to $18 by 2026 and pay workers what would be the highest statewide minimum wage in the country.

American factory workers are some of the most productive and best paid in the world, but that success carries a brutal arithmetic: when labor costs are roughly ten times higher than in emerging ...

The announcement last week that wages increased by an average of 4.2 percent in 2023 has been hailed by the federal Labor government and the unions as a major win for Australian workers. The claim of ...

In the United Kingdom, a new store unlike any other has appeared. Maybe I shouldn’t say “unlike any other,” but, while not a first, it certainly won’t be the last. The store is a vending machine.

TOKYO, Aug 6 (Reuters) - Japan's real wages fell in June for the sixth consecutive month as inflation continued to outpace pay growth, government data showed on Wednesday, raising concerns about ...

Learn how a maximum wage functions as a wage ceiling, and discover its impact on the economy with real-world examples. Explore this policy's pros, cons, and implications.

The proportion of Australian workers who are trade union members increased slightly over the past two years, according to figures released last week by the Australian Bureau of Statistics (ABS). This ...