In an interview with Unión Radio, the vice president of the Bolivarian Socialist Workers' Central (CBST), Orlando Pérez, pointed out that the entity is in talks with the government to analyze strategies to improve workers' salaries.
Given the scenario of hyperinflation and dollarization of the…
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Salaries
The FED forecasts a drop in US wage growth
In a recent report, the US Federal Reserve (FED) projected a slowdown in wage growth for the second half of the year, attributing it to rising labor costs. These costs, in large part, are the result of the Fed's decisions to increase…
Venezuela requires a new wage setting system
The economist Luis Oliveros has indicated this Monday, after no adjustment was made to the workers' wages, that in Venezuela a new system is required to set the amount earned by the working mass in the country.
According to Oliveros, it is…
New technologies gain weight in the education sector
Inflation has impacted or will negatively impact the cost of the school year for Spaniards, who will spend an average of 419 euros per child, although they see digital tools as a way to save between 11 % and 30 %.
Compared to last year, an…
American workforce quits job and migrates to cryptocurrencies
Civic Science conducted a study involving 6,741 citizens over the age of 18 that found that 4 % of the US workforce "quit their job because they found financial freedom with crypto."
While 11 % of the general population surveyed stated…
Greece announces measures to protect employment and tax relief
During a meeting held this Saturday with a group of businessmen, Greek Prime Minister Kyriakos Mitsotakis announced a package of measures that seeks to face the negative effects of the coronavirus pandemic on the national economy.…
The United Kingdom strengthens work protection measures
The Government of the United Kingdom has decided to extend the self-employed 80 % salary protection, up to a maximum of £ 2,500 (2,731 euros), which was announced last week for all workers.
The UK Minister for Finance and Finance Officer,…
FIFA creates special fund for salary payments
FIFA and FIFPRO, the global soccer union, signed the foundational agreement of the FIFA Fund for Footballers (FIFA FFP), which aims to offer financial assistance to players to whom clubs owe contractual compensation and who do not have the…
Salaries in the United Kingdom grow 4%
The wages of workers in the United Kingdom registered an increase of 4% between May and July, a figure that had not been observed since 2008, while the labor market remained at record highs, according to labor data released on Tuesday by…
A smart financial adaptation allows returns even in hyperinflation
Venezuela is a country with countless riches and potential that can contribute to overcome the current economic crisis. Likewise, it is a propitious scenario for the promotion of constructive, positive ideas that allow an optimal social and…
Argentina has the highest public spending in Latin America
According to a report by the Inter-American Development Bank (IDB), public spending in Argentina is equivalent to 7.2% of GDP. The figure is alarming because it places the nation above the inefficiency average of the region, estimated at…