Wall Street Journal (December 3)
2021/ 12/ 03 by jd in Global News
“Wages are going gangbusters in the U.S.—elsewhere, not so much.” In Australia and Japan, “pay growth remains anemic… despite labor shortages.” Nor do wages appear to be rapidly accelerating in Europe, all of which is “easing pressure on their central banks to raise interest rates.”
Tags: Anemic, Australia, Central banks, Europe, Gangbusters, Interest rates, Japan, Labor shortages, Pay growth, U.S., Wages