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#wages

Everything tagged wages, across every stream.

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Bangladesh garment workers protest for a wage more than double today's; hundreds of factories shut as a new wage board starts work

NBC (AP) reports the clashes and the industry's scale; Arab News has the wage board's timetable and a worker's own words.

Garment workers in Bangladesh have protested since Saturday, Oct. 31, demanding the monthly minimum wage rise from 12,500 taka to 30,000 taka (about $245), saying food, housing and transport costs have eroded their pay. Hundreds of factories have shut. On Wednesday, Nov. 4, police fired tear gas and used stun grenades in several industrial areas outside Dhaka; dozens were reported injured in Fatullah, and workers blocked a highway in Gazipur, NBC reports.

On Sunday, Nov. 1, the government formed a six-member wage board of government, worker and factory-owner representatives, Al Jazeera reports. Its chairman, Syed Azad Subhani, said workers would get their first pay under a new scale in January; Arab News reports the board agreed on Nov. 4 to start the revised structure from December but has not yet set the size of the increase. More than 100 factories in Ashulia suspended work again on Thursday, police said.

Bangladesh is the world's second-largest garment exporter after China. The sector employs about 4 million workers, mostly women, earns more than 80% of export income and supplies brands including H&M, Inditex (Zara's owner) and Walmart.

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r/Economics debates a report: US wages and salaries fall to about 43% of national income, the lowest since 1929

A striking long-run number, with a useful caveat about what it does and doesn't count.

The thread links an Unusual Whales article (published in August) reporting that wages and salaries were roughly 43% of US gross domestic income in the first quarter of 2026, the lowest reading in a series dating back to 1929. The article adds context: the figure leaves out benefits such as employer health insurance and retirement plans; a broader labor-share measure including those stood at 54.1% in Q1 2026, the lowest since 1947; it doesn't mean pay was cut, since the Employment Cost Index shows wages and salaries up 3.2% in the year to June 2026; and a New York Fed analysis in June 2026 linked the decline to structural changes such as globalization and automation.

The thread drew about 23,800 upvotes in a 5.2-million-member community. The most-upvoted replies are largely political, with many blaming Republican economic policy and national debt; one top reply argues the real issue is that most people are being left out of gains they produce.

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