Come 2022, twenty-six states in United States of America and Washington will make a raise in their minimum wage. While parts of New York and California will make $15/hour a mandatory minimum wage. It has been revealed by Wolters Kluwer Legal & Regulatory U. S’s payroll export’s report. But employers across America are quicker in raising pays quite substantially for their employees, already. A tight labor market and high inflation is making many companies, from banks to retailers, hiking their hourly wages for workers. This is a move to attract new professionals and retain the existing workforce. As per the Bureau of Labor Statistics, 2021 is the first time when $15/hour is an average wage for supermarkets and restaurants workers.
In 2021, Global Economic Growth was 5.5%. But the latest UN Report predicts only 4% Global Economic Growth in 2022,...Read more