Posts Tagged: falling wages

Stagnant Wages

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Income Taxes, Managerial Accounting, Uncategorized.

According to the Bureau of Labor Statistics, wages fell over the last year for ordinary, non-management workers. This is further evidence that companies are managing to avoid paying amid one of the tightest labor markets in decades. Questions: 1. What was the fall in wages from June 2017 to June 2018? 2. In two sentences,… Read more »

It’s Not Over Yet!

Posted by & filed under Accounting Information Systems, Accounting Principles, All Articles, Cost Accounting, Financial Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting.

Looking at GDP reporting GDP on a quarter-on-quarter basis, it turns out that Greece’s six-year recession is over, but recovery is far from near. The country’s economy grew at a 3.2 percent annual pace in the first quarter, 1.2 percent in the second, and 2.8 percent in the most recent one. However, unemployment is 25.9%…. Read more »