Business Brief: Now is the summer of our (labour) discontent

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 50 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 92%

Newsletter Nachrichten

Noastack,Newnewsletter

Also in today’s edition: AI on whether there’s an AI bubble, and what’s a Toronto office tower worth, anyway

Good morning. Ontarians are now on day seven of a strike that has shut down more than 650 liquor stores across the province. While union leaders and Premier Doug Ford trade barbs over his plans to expand booze sales, the strike adds to a flurry of other labour disputes. And there are more to come. We’ll unpack what’s driving the strike surge, and what could tamp things down.

A strike by 9,000 Liquor Control Board of Ontario store has left booze, beer and wine shelves empty and wreaked havoc on the alcohol supply chains forWestJet aircraft maintenance engineers walked off the job, forcing the cancellation of 1,700 flights and disrupting the travel plans of hundreds of thousands ofby Canada Border Services Agency workers that resulted in a last-minute deal, or the ruling by Canada’s industrial relations board thatOver the past year the number of person days lost to...

That said, Canada’s job market has slowed a lot in recent months, with job vacancies falling and unemployment creeping up. That, coupled with a slowing economy, could make employers less able – or less willing – to agree to big wage demands.Wages are now rising faster than overall inflation. In June the average hourly wage for employees increased by 5.4 per cent compared to the year before, a slight uptick from the 5.1 per cent year-over-year rise the month before.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 5. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Business Brief: A story so hot, it should be encryptedHow an entrepreneur raised in small-town Ontario became one of the most consequential figures in a global crackdown on organized crime
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Business Brief: Tourists go home, but leave your moneyAlso in today’s edition: Boeing’s guilty plea and watching for a U.S. recession
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Business Brief: Canada’s digital taxes set stage for trade warAlso in today’s edition: Navigating through France’s election surprise and Air Canada’s future
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Business Brief: How homegrown successes are paying off – but not for CanadiansA dramatic shift in the way startups get funded is hurting the economy. Also in today’s edition: Streaming wars and a rental riddle
Herkunft: globebusiness - 🏆 31. / 66 Weiterlesen »

PCE data, Trump-Biden debate takeaways, Nike earnings: Morning BriefToday's episode of the Morning Brief, co-hosted by Seana Smith and Brad Smith, offers a deep dive into key economic data, trending stocks, and retail...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

GDP data, Amazon hits $2T, retail earnings: Morning BriefToday's episode of the Morning Brief, co-hosted by Seana Smith and Brad Smith, offers a deep dive into key economic data, trending stocks, and retail...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »