News Formal

Over half of Canadian business managers hiking wages: Bank of Canada

  • 📰 VancouverSun
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 61%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

“Across almost all industries, businesses reported labour shortages are causing a loss of sales,” said the survey.

In addition to raising wages, 36% of managers said they were turning away sales, 33% were increasing overtime, 25% were contracting out work, 20% were offering workers bonuses and new benefits, and 15% were reducing minimum qualifications to hire untrained employees.tap here to see other videos from our teamIn a June 1 report, the labour department said unionized private sector wage gains to date in 2022 were running at 2.

“If we were to see wages run substantially ahead of productivity growth, it would become a concern that in that situation, higher wage growth could start to become an independent source of inflation,” Bank Governor Tiff Macklem testified last at the Commons finance committee last April.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 49. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Business and consumer inflation expectations up: Bank of Canada surveysA pair of new reports from the Bank of Canada point to rising inflation expectations by Canadian businesses and consumers.
Fonte: VancouverSun - 🏆 49. / 61 Leggi di più »

Bank of Canada surveys suggest business and consumer inflation expectations upOTTAWA — A pair of new reports from the Bank of Canada point to rising inflation expectations by Canadian businesses and consumers.
Fonte: OttawaCitizen - 🏆 21. / 68 Leggi di più »