Word: wages
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Dates: during 2000-2009
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...surplus of workers in China keeps the labor market humming--and cheap. The starting salary of an average Chinese college graduate today is one-third lower than it was three years ago, Fang said, and 30% or more of graduates can't find jobs despite the 9.1% growth rate. "Wage pressure is nowhere to be seen," he said, and the foreign investment in the Chinese economy may sound huge but still represents only 10% of total investment. That suggests China is less dependent on foreign investment for its growth than other Asian economies have been and thus is less likely...
...illustrate his point, Serbian social workers went on strike on Tuesday, a day before the report was revealed. They demand a 25% increase in their wages. The average wage is around $300 a month...
...ntefering had recently quarreled with Chancellor Angela Merkel over her refusal to introduce a minimum wage; he had also tussled with his own party's left wing over government plans to roll back welfare reforms introduced under the previous SPD-led government. But already questions have shifted from what engendered Müntefering's departure to what it could mean for the future: a leftward shift in the SPD, the end of any meaningful economic reforms for the current German government, and possibly the opening salvo in elections expected...
...enlisted. Historically, they have faithfully served Pakistan, but since 9/11 their loyalty has been sorely tested. Osama bin Laden, al-Qaeda and the Taliban are holed up in Pashtunistan, on both sides of the remote, mountainous, impenetrable Pakistan-Afghan border - the rear base they use to wage jihad on Islamabad and Kabul. Al-Qaeda has at least the implicit support of the local Pashtuns, and, inevitably, Pashtuns are dying, both at our hands and the Pakistan army's. It has to be taking a toll on the loyalties of Pashtuns in Pakistan's army...
...truth is that it's the Republicans who make more radical proposals. They want to make a break with more than six decades of government policy. During World War II, employers started giving workers health benefits to get around wartime wage controls. Since then, the government has continued to give a tax break for employer-provided health insurance; it isn't taxed, the way wages...