#wages

7 posts · Last used Jul 27

"A🚨DISAPPOINTING JOBS REPORT. The US #economy added 57,000 #jobs in June (below expectations of 115k).🚨Hospitality jobs decline by -61k. Plus, April & May were revised lower by -74,000. The unemployment rate fell to 4.2%➡️the lowest in a year, but mainly due to a big drop in ppl job hunting. Bad news:🚨#Wages aren’t keeping up with inflation. Wage gains were 3.5% in the past yr:🚨below ~4% #Inflation -H Long The World Cup was supposed to⬆️jobs, but Trump... #ETTD #Deportations #Recession #USPol
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53+ years of #wagetheft Unfair “Junior pay rates" applied to people below the age of 21, meaning 18-year-olds were paid 70 per cent of the award rate, 80 per cent for 19-year-olds and 90 per cent for 20-year-olds. https://www.abc.net.au/news/2026-03-31/fair-work-comission-junior-pay-rates-retail-fast-food/106514948 (Notes: 1973, Australia’s voting age was lowered from 21 to 18 by the Labor Government. 1 July 2025, National Minimum Wage $24.95 per hour or $948 per week.) Context: https://www.fairwork.gov.au/pay-and-wages/minimum-wages/junior-pay-rates #Capitalism #juniorpay #minimumwage #wages #workingpoor
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