Workers may not see much of a wage increase in 2023, economists say | Video
Workers may see no real growth in wages this year, with the decade-high salary rise of 2022 putting pressure on businesses’ operating costs amid a tighter economic environment. With elevated inflation, economists believe wages may not even keep pace with the cost of living. Heidi Ng with more.
Workers may see no real growth in wages this year, with the decade-high salary rise of 2022 putting pressure on businesses’ operating costs amid a tighter economic environment. With elevated inflation, economists believe wages may not even keep pace with the cost of living. Heidi Ng with more.