Higher rates combined with rising pensions and healthcare costs are set to weigh on states’ finances. [Mart McDougall – Financial Times, 17 May 2023.] READ MORE
Economists say that the current pension system, which relies on a shrinking active workforce to pay the pensions of a growing number of retirees, is unsustainable and needs to be reformed. [World [...]
The gender pay gap – the difference between the earnings of men and women – has barely closed in the United States in the past two decades. The slow pace at which the gender pay gap has narrowed [...]
The government will launch a series of measures in the coming months to reduce the impact of inflation on people’s cost of living, including new workplace family supportive policies, according to [...]
According to the United Nations Population Division, the number of persons aged 65 and older is expected to double over the next three decades, reaching 1.6 billion in 2050. [Felix Richter [...]
China’s demographic shift is worrying policymakers but in the short term, the labor force remains sufficient and business opportunities are emerging in new subsectors. [Yi Wu – China [...]
As children from less educated families perform significantly worse than the children of the more educated, it is far less likely their relative economic situation in adulthood will exceed that [...]
America’s fever of workaholism is finally breaking for the rich, who are buying more free time, but unfortunately that’s not the case for the average American worker. [Bryan Robinson [...]
With recent reports highlighting growing employee desire for balance, this article explores whether downtime could be worth its weight in gold for businesses that can’t increase salaries. [...]
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