Wages

“Everything goes up except wages”: Inflation hits Ethiopia

“Everything goes up except wages”: Inflation hits Ethiopia

“Everything is going up except our wages,” Ethiopian porter Zerihun told AFP, summing up the financial crisis facing the Horn of Africa country as it reels from the skyrocketing inflation and economic slowdown. After a decade of dynamic growth during the 2010s, Africa’s second most populous country suffered multiple shocks, including the Covid-19 pandemic, record …

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As Job Seeker Market Lingers, West Michigan Employers Raise Wages to Stay Competitive

As Job Seeker Market Lingers, West Michigan Employers Raise Wages to Stay Competitive

gRand Rapids-area employers have raised wages an average of 5.2% this year, an amount that exceeds historic norms as companies adjust wages to attract and retain people in an extremely tight labor market. The wage increases for 2022 compare to the average wage increases of 4.4% granted by employers in the region in 2021 across …

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