In July 2022, the US labour market produced reasonable growth in employment but at the same time the participation rate fell.
The fall in the official unemployment rate was all down to the declining participation rate.
There are no fundamental wage pressures emerging at present despite the spikes in inflation arising from supply chain constraints.
Real wages fell for the fourth consecutive month.
Growing numbers of workers are turning to often insecure and badly paid platform work, such as food delivery and cleaning, to top-up lacklustre wages. A report by the University of Hertfordshire and Ipsos MORI has […]
he International Court of Justice (ICJ) is set to deliver its ruling on Friday regarding South Africa’s request to halt Israel’s Rafah offensive in Gaza, the court announced on Thursday. Read HERE
Members of the French Yellow Vest protest movement organised a demonstration outside of Belmarsh prison in solidarity with incarcerated publisher Julian Assange on 25 January. Read here
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