A living wage for capitalism

November 18, 2019 09:03 am

LONDON – At 3.6 percent, unemployment in the United States remains near its lowest level since the late 1960s. There are even signs that people who had previously dropped out of the labor force are being attracted back into it as employers scour a tight labor market for the marginal employee. Consistent with this news, US Federal Reserve Chair Jay Powell has pointed out that wage gains are finally accruing to lower-paid workers.

KATHMANDU, Sept 8: Minister for Labour, Employment and Social Security Gokarna Bista has underlined the need for developing human resources and workforce in line with the demand of labor market.

KATHMANDU, April 29: The constitution has, in its Preamble, guaranteed equal status to men and women, promising to eliminate discrimination based on class, caste, region, language, religion and gender and all forms of caste-based untouchability.

WASHINGTON, March 8: U.S. job growth likely slowed to a five-month low in February as the weather-related boost in the prior two months faded, workers became more scarce and tighter financial conditions began to weigh on the labor market.