Fourth-quarter negotiated pay rose 3.4% from a year ago after more or less stagnating in the the previous three months, Germany's central bank said https://t.co/7LQzjHjWfD ...

for tonight's moy power politics president president trump is declaring victory over affordability but apparently private companies have not gotten the message according to the wall street journal businesses big and small are planning significant price hikes that includes levi's columbia sportswear mccormick you know the spice company whose ceos have said the increases are designed to offset can you guess what the impact of high tariffs but you know what is not on the rise wages according to new data from o ...

Australia’s annual wage growth remained elevated last quarter, reinforcing the inflation challenge facing the Reserve Bank after this month’s interest-rate hike https://t.co/6nTZ3YOoHm ...

Unemployment rises and wage growth eases, and Topshop returns to the high street -- get briefed ahead of your morning calls with The London Rush https://t.co/G8uMYWTbYG ...

UK unemployment rose to a near five-year high and wage growth eased as the labor market continued to weaken https://t.co/jtA4MzFWiB ...

There was a hope that maybe after the uncertainty of the budget was worked through, December would look better, that December would be more positive. But this data set doesn't seem to show that turning a corner story. What do you think's going wrong. It's still going up.And the thing that I'm really interested in when I think about the pace of economic growth is what's happening to GDP per capita. That's what translates into rising living standards for people across the country. Last parliament had GDP per ...

Group 1 - Private sector job creation in January was only 22,000, significantly below economists' expectations of 48,000 jobs [1] - The previous month's job gain was revised down from 41,000 to 37,000 [1] - In 2025, private employers added 398,000 jobs, a decrease from 771,000 in 2024, indicating a continuous slowdown in job creation over the past three years [2] Group 2 - Education and health services led job creation in December with an addition of 74,000 positions, followed by financial activities with 14,000 and construction with 9,000 [2] - Leisure and hospitality, trade, transportation, and utilities each added 4,000 jobs, while hiring in natural resources and mining remained flat [3] - Professional and business services experienced a loss of 57,000 jobs, with other services and manufacturing losing 13,000 and 8,000 jobs respectively [3] Group 3 - Wage growth in December remained stable, with pay for those staying in their roles increasing by 4.5% year-over-year, while pay gains for job changers slightly decreased to 6.4% from 6.6% [4]

Core Insights - Urban demand in India is showing signs of recovery after nearly two years of rural consumption leading the way, driven by improving corporate salary growth, selective hiring, and fiscal support through tax and GST cuts [1][3][8] Urban Consumption - Urban households are facing significant cost pressures, with inflation affecting essential expenses such as school fees, rent, and utilities, which have risen sharply [2] - Urban consumption began to improve in Q3 FY26, supported by GST cuts and an increase in urban wage growth, which rose to 7% in H1 FY26 from 3% in Q4 FY25 [3][4] - Salary growth among large listed companies improved to approximately 6.4% in the first half of FY26, indicating a positive shift in momentum for urban consumption [4] - Job creation in urban areas is improving, particularly at mid and senior levels, although entry-level hiring remains challenging due to AI adoption [5] Rural Consumption - Rural demand, which previously led the recovery, is facing potential moderation due to falling crop prices below MSP levels, impacting farm incomes [6][8] - Despite these risks, rural consumption has remained strong, with rural wage growth picking up and high-frequency indicators showing resilience [6][7] - Agriculture accounts for about 40-45% of total rural income, with allied sectors like construction and services expected to perform well [7] Overall Economic Outlook - Economists agree that India's consumption recovery is entering a new phase, with urban demand showing early signs of revival while rural consumption remains resilient but faces risks from soft crop prices [8]

Group 1 - Private sector added 41,000 jobs in December, below economists' estimates of 47,000 jobs [1] - Previous month's payrolls revised to a loss of 29,000 from an initial loss of 32,000 [1] - Small establishments showed positive hiring at year-end, while large employers reduced hiring [1] Group 2 - Education and health services led job creation with 39,000 positions added in December [2] - Leisure and hospitality added 24,000 positions, while trade, transportation, and utilities added 11,000 [2] - Professional and business services lost 29,000 jobs, with information and manufacturing losing 12,000 and 5,000 positions respectively [2] Group 3 - Large businesses (500 or more employees) added 2,000 jobs, while businesses with 50 to 499 employees added 34,000 [3] - Establishments with fewer than 50 employees added 9,000 jobs [3] - Wage growth remained stable, with pay for those staying in their roles increasing by 4.4% year-over-year [3]

Core Insights - Employers are expected to remain cautious about major hiring, leading to limited pay increases in the upcoming year [1][2] Employment Trends - Major forecasts indicate a continuation of recent trends in the job market, with hiring slowing significantly compared to previous years [2] - Employers are hesitant to hire extensively while also avoiding mass layoffs due to economic uncertainty from unpredictable tariff policies [2] Wage Growth - U.S. employers plan to implement average raises of 3.3% in 2026, slightly lower than the previous year [3][9] - Wage growth is anticipated to be moderate, reflecting a cooling labor market, with job openings stabilizing and a slight rise in unemployment [4][9] - Wage growth has decreased over the past year, with a reported increase of 2.5% in September compared to 3.4% in January [5][6] Economic Implications - The job market is expected to remain subdued, with forecasts suggesting that wage increases will not match the significant raises seen in 2022 [4] - Some economists believe that the slowdown in the job market may exert downward pressure on wages, influencing the Federal Reserve's decisions on borrowing costs [6] Sector-Specific Insights - There is potential for wage increases in sectors like construction, which have been impacted by immigration policies, as these areas may experience tighter labor conditions [7][9] - A modest improvement in demand could stabilize and tighten the labor market, particularly in sectors affected by labor supply issues [8]