Russia’s jobless rate fell to a record in May as businesses raised salaries faster than economists predicted, helping stem a three-month slowdown in real-wage growth.
How high is demand for welders to work in the shale boom on the U.S. Gulf Coast?
Macau’s $34 billion gambling industry has an obstacle. With 28 million visitors and 21 percent economic growth last year, Macau is confronting a severe labor shortage.
To hire 10 to 15 project coordinators this year, Sabre Commercial Inc. has boosted pay 10 percent and added a 401(k) retirement plan.
Yukari Sato, one of Japan’s few female lawmakers, says changes in working conditions for women must accompany economic stimulus programs for the country to break out of a 15-year deflationary spiral.
At a construction site in the Japanese city of Kawagoe, worker Fan Xiuyu says he’s too busy to miss the wife and six-year-old child he left behind in China.
Morgan Stanley’s Feldman Sees Labor Shortage in Japan (Audio)