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Wednesday, 17 July 2024

Workers' pay increasing, but rising prices negate gains

Credit: Kris 6 News
Duration: 00:46s 0 shares 2 views

Workers' pay increasing, but rising prices negate gains
Workers' pay increasing, but rising prices negate gains

A growing number of businesses are reporting they are having to pay workers more.

FIND OUT WHY EXPERTSAYINCREASED PAY COULD ABEDOUBLE-EDGED SWORD.{***2-SHOT**}A GROWING NUMBER OF BUSINEESSSOF ALL SIZES ARE REPORTING THEYARE HAVING TO PAY WORKERS MO.RE{***VO***A NEW SURVEY FROM THE NATIONALASSOCIATION FOR BUSINESSECONOMICS FOUND A RECORD 58%F OBUSINESSES HAD TO INCREASEWORKERS’ PAY THIS MONTH.BUT, EERXPTS SAY THIS SITUATNIOWILL EVENTUALLY SORT ITSELF OUT.{***SOT FULL**}Kishore Kulkarni, MetropolitanState University oDef nverEconomics Professor: "In abouteight to 10 months, this willall calm down, but this holidayseason looks like a season whiis unprecedented and that wewill have a tremendous demanfor labor."{***VO**}ECONOMISTS S RAYISING WAGES CANBE A DOUBLE-

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