Why salaries will keep going up long after the supply-chain crisis ends, according to Jefferies
However, inflation is expected to ease in the, while it's harder to unspool wage hikes once they're in place. That means that if wages continue to climb, and inflation does cool off, the increased wage budgets and labor costs will pay off in the long run for workers.
Though rising prices could undercut how far worker raises go, slowing inflation next year could possibly ease another persistent shortage: Workers. For months, employers have said they've been struggling to find workers amidst a so-calledSign up for notifications from Insider! Stay up to date with what you want to know.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Do Prices Keep Going Up and What’s the Cause of Inflation?U.S. inflation is at its highest rate in nearly four decades this fall, reaching 6.8% in November from a year ago. Why do prices keep going up and what's the cause? The reasons are myriad—the pandemic is one.
Read more »
Cai Xia on why China’s one-party system holds back the country“Although China’s economy is indeed impressive, people around the world should not be misled by its outward appearance,” warns Cai Xia in a guest commentary for The Economist
Read more »
Why Are We So Awful to Our Spouses?Home is where the heart is, and where everyone acts like a jerk.
Read more »
Why 'Being the Ricardos' Focused on These 'I Love Lucy' EpisodesAaron Sorkin explains how he chose which ‘I Love Lucy’ episodes to feature in BeingTheRicardos.
Read more »
Why MacKenzie Scott Is The World’s Most Powerful WomanThe third richest woman on the planet, MacKenzie Scott (Jeff Bezos’s ex-wife) is using her vast fortune to revolutionize the world of philanthropy and challenge what she says is the massive accumulation of wealth that’s been concentrated in too few hands.
Read more »
How My 5-Year-Old Explained Sex to My Firstborn (And Why I Let Him)'Don't worry, Mommy,' he said, looking me straight in the eye. His brown orbs twinkled as he went on: 'I got this.'
Read more »