What’s going on? Japan’s biggest union group just won the biggest wage deal, which could push up the country’s prices. What does this mean? Japan’s economy has been held back by slowed inflation for decades, despite the government and central bank’s best efforts to fight against stagnant prices. Paychecks influence how much is spent, where…
Tag: employment
Ep 80: On The Pull
What’s Going On Here? With Germany’s unemployment rate unexpectedly falling in November, the country might now dig its heels in more than ever against the European Central Bank (ECB). What Does This Mean? The ECB has long been calling for Germany to boost its economy through extra public spending, but positive unemployment data might give the country’s…
Ep 20: America Halves The Dream
What’s Going On Here? Friday’s jobs report showed that the US added just 75,000 jobs in May – less than half the number expected. What Does This Mean? For sectors The healthcare sector nursed 16,000 new jobs; Professional and business services (like lawyers and researchers) added 33,000; Jobs in retail, manufacturing, and working for Uncle Sam didn’t grow by much; Nor…
