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Tag Archives: wages
Leigh Sales ABC One of the world’s most powerful business leaders has applauded the Government’s move to put a price on carbon, but says his company will need to import foreign workers to make its Australian operations competitive. Peter Voser, … Continue reading
Madeleine Heffernan Sydney Morning Herald HUNDREDS of Australian jobs have been shifted to New Zealand as local producers try to avoid the impact of high wages, a soaring Australian dollar and restrictive labour laws. Woolworths is the latest to transfer … Continue reading
Lijia Zhang AlterNet Two weeks ago, Foxconn Technology, an electronic giant, announced it would increase its workers’ salaries by as much as 25%. The move was probably the result of pressure from the increasingly rights-conscious workers and international concerns about … Continue reading
The Real News Michael Hudson: Greek crisis used to find out how far finance can drive down wages and privatize.
Source: Daily Mail Three hundred staff at a factory that builds Xbox 360s have threatened to commit mass suicide if their wage demands are not met, it emerged today. Employees working for electronics giant Foxcon in Wuhan, China, claim the … Continue reading
Source: Independent Tax cuts for low and middle-income families in April will be dwarfed by hidden reductions in tax credits, according to a study for The Independent. The analysis found that the £1bn of tax cuts in April will be … Continue reading
Source: MSNBC WASHINGTON – Squeezed by rising living costs, a record number of Americans — nearly 1 in 2 — have fallen into poverty or are scraping by on earnings that classify them as low income. The latest census data … Continue reading