Stats Gate

Wages for Japanese workers in their 40s and 50s rose slightly in the second quarter, providing a much-needed boost for the so-called "lost generation"—those who entered the workforce during the hiring freeze of the 1990s and 2000s and have faced stagnant pay for decades. This wage increase is crucial for...

Over the past six months, unemployment rates have been on the rise across several advanced economies, including the United States, the United Kingdom, Canada, Germany, Australia, and Switzerland, according to Fitch Ratings' latest '20/20 Vision' report. Although unemployment remains low by historical standards, the easing of labor market conditions is...

The hospitality industry is undergoing significant shifts, with managers grappling with a host of challenges, from increased burnout and higher guest expectations to declining tips and outdated training methods. A recent survey conducted by Axonify involving 500 U.S. hospitality frontline managers revealed that nearly half (47%) are feeling the strain...

In 2023, nearly 96% of new graduates in Malta secured employment, as reported by the European Union's statistical office, Eurostat. This impressive figure places Malta at the top among 22 EU countries, significantly surpassing the EU average employment rate of 83.5% for recent graduates. The high employment rate in Malta...

New research reveals that more than half (51%) of small Australian retailers are falling short of their financial expectations. On the flip side, 49% of these businesses are either meeting or surpassing their forecasts, showcasing a mixed outlook for the sector. The research, conducted by the Queensland University of Technology...

A new World Bank study highlights the significant obstacles faced by over a hundred nations—including China, India, Brazil, South Africa, and Thailand—in their efforts to transition to high-income economies in the coming decades. The report, titled "World Development Report 2024: The Middle Income Trap," offers a detailed analysis and strategic...

Executive pay has become a contentious issue, largely due to the increasing disparity between the salaries of CEOs and average workers. Proponents of high CEO compensation argue that their leadership skills generate significant returns for investors, thus justifying their substantial paychecks. However, critics highlight that stock market returns have not...

Turkey could significantly boost its foreign direct investment (FDI) inflows if it aligns its risk indicators and regulatory framework with those of its competitors, according to YASED's FDI Competitiveness Index. YASED's projections suggest that such alignment could place Turkey among the top 10. According to YASED's FDI Competitiveness Index, Turkey...

Cross-border payments are gaining significance in international economies. According to the 2024 Financial Services Consumer Survey by GlobalData, around 63% of global consumers use international real-time payments (RTPs) to send money to family and friends, while 51% use them to pay for goods and services. The G20 has laid out...

China's economic impact is felt worldwide, according to a new survey by the Pew Research Center covering 35 countries. Majorities in almost all surveyed nations, spanning six continents and diverse income levels, report significant Chinese influence on their economies. This influence is perceived more widely now compared to 2019, with...