Inflation, salary squeeze dims Labour Day festival



Business Daily | by Constant Munda


Workers are facing their most painful squeeze in over a decade after a day in which the cost of living crisis escalated and employers warned of a longer freeze in pay increases.

Employers say real wages, adjusted for inflation, will take longer to recover from the pandemic-induced economic contraction in 2020…

Read more…

 


LEAVE A REPLY

Please enter your comment!
Please enter your name here