South Korea’s economic recovery is increasingly driven by the semiconductor sector, but the Bank of Korea finds that inflationary pressures remain limited due to concentrated growth and widening wage gaps, signaling a weaker link between GDP growth and inflation.
#YonhapInfomax #BankOfKorea #Semiconductor #KShapedRecovery #Inflation #WageGap #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=107237
#wagegap
Today I was reminded that in the 1960s, a person* could get a job that paid a liveable wage, and could with 6-10 months of income, save for a down payment on a house that they could reasonably assume would be large enough to raise a family and possibly even last long enough to retire in.
Why is getting back to that simple reality not enough to motivate every single voter and politician?
*generally white and male, but let’s set that aside momentarily
Wage Gap: Last Week Tonight with John Oliver (HBO)
South Korea's non-regular workforce hit a record 8.57 million in August, with the wage gap versus regular employees widening to an all-time high of 1.81 million won ($1,330) per month, according to official data.
#YonhapInfomax
#NonRegularWorkers #WageGap #NationalDataOffice #EmploymentStatistics #MonthlyWage
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86717
"the median share who see economic inequality as a very big problem is higher in middle-income countries than in high-income ones (62% vs. 48%)"
Most discrimination:
- Gender/LGBT
- Ethnicity
- Ideology/Religion
- Disability (by ILO)
#sdg10 #sdgs #inequality #wagegap #discrimination
Full report:
https://www.pewresearch.org/global/2025/01/09/global-perceptions-of-inequality-and-discrimination/
The #WageGap cannot be explained away by education, experience or perceived choices.
Even in states with large populations of Latinas in the workforce, rampant wage disparities persist, with devastating consequences for Latinas and their families.
CPH Daily Bulletin 9/11/2025
New UCLA study highlights large disparities in L.A.’s Latinx labor force
Isn't it obvious...
They want you to die, or at least be poor and miserable.
They think that they don't need labor any more to exploit the riches.
They think they'll only need the resources [as cheap as possible] and political power [or influence, 'cause they don't want to get dirty]
Poor people are easy to control. They won't rebell [they can't afford to]
They think they can 'run for the hills' when things get really ugly, and that's the plan.
The #BigEndGame
But history shows there will be pitchfork [and Luigi's]
"What’s their end game? #duet #endgame #billionaires #capitalism #classwar #unsustainable #wagegap" [ ± 1-3 min]
by hawkpodcasts [Sep 1. 2025]
https://www.youtube.com/shorts/ZwBXbrOA30A
#USriseUp #FascistsAreHere
#TimeToResist #FightOligarchy
#FearIsTheirTactic #TalkAboutIt
#CallYourRep #VoteUpAndDownTheBallot
Ah, the classic tale: while employees at low-wage firms are pinching pennies to afford ramen, 💰 CEOs are diving into Scrooge McDuck-style vaults of cash thanks to stock buybacks. Who needs economic justice when you've got "Executive Excess" to keep the yacht running? 🚤🙄
https://ips-dc.org/report-executive-excess-2025/ #economicjustice #stockbuybacks #executiveexcess #wagegap #corporategreed #wealthinequality #HackerNews #ngated
Modern misogyny: AI advises women to seek lower salaries than men
https://cybernews.com/news/ai-chatbots-gender-discrimination-women/
Samuel Irenaus Prime was a Presbyterian minister in Ballston Spa, NY. Here he comments on a recipe for happiness from Philipians 4:11-13, being content in poverty or plenty. But he warns it would be awful to tell those who are suffering in great want to be content with what they have and not to provide any relief.
How can you avoid emptry truisms to others without any relief, and at the same time, hold to contentment for yourself?
The federal minimum wage is officially a poverty wage in 2025
https://www.epi.org/blog/the-federal-minimum-wage-is-officially-a-poverty-wage-in-2025/
#HackerNews #federalminimumwage #povertywage #2025 #wagegap #economicjustice #workersrights
The gap between wages and housing prices is widening, fuelling the affordability crisis
#Housing #HousingCrisis #AffordableHousing #GildedAge #UrbanInequality #LandValue #WageGap #UrbanLand #COVID19Impact #UnearnedIncrement #PublicHousing
https://the-14.com/the-gap-between-wages-and-housing-prices-is-widening-fuelling-the-affordability-crisis/
Can You Survive on Minimum Wage in Canada?
https://wp.me/p84YjG-4I8
#MinimumWage #CanadaEconomy #CostOfLiving #LowIncome #WageGap #AffordableHousing #CPP #OAS #LivingWage #zsoltzsemba
https://zsoltzsemba.com/2025/02/26/surviving-on-minimum-wage-canada/
Assemblyman Lee Jun-seok criticizes Finance Ministry's control over public institution wages as unconstitutional, calls for guaranteed collective bargaining rights and market-linked wage systems to attract talent and improve public services.
#YonhapInfomax #PublicSectorWages #ConstitutionalRights #LaborUnions #WageGap #TalentRetention #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=50275
Samuel Crothers, Presbyterian pastor, on the servitude allowed in Deuteronomy. The service was limited to six years and resulted in abundant supply upon release. None of this in the American system.
Today, do many people turn to the Bible to see what we can get away with, despite neighbor’s cries?
How can you take pains to be fair to those who work for you or have jobs that serve you?
The only reason to enforce the gender binary is to uphold the patriarchy.
Trans, non-binary, agender, and gender non-conforming people threaten the concept that men are intrinsically superior.
When the gender divide is blurred, male supremacy is exposed as the flimsy con that it's always been.
#trans #transgender #radical #lgbtqia #queer #lgbtq #genderfluid #nonbinary #gnc #gendernoncomforming #patriarchy #wagegap #gender #feminist #feminism #transpride #genderbibary
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