Latest Price/wage spiral Stories
In a recession marked by massive layoffs, U.S.
By Carter Dougherty Lufthansa and its main union on Friday ended a five-day strike that disrupted air traffic in Germany and highlighted the pressure for higher wages in Europe amid lofty energy and food prices.
WASHINGTON (Reuters) - A White House economic adviser said on Thursday that higher energy costs were a key factor restraining the real earnings of U.S. workers but predicted wages would soon pick up.
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