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Our Scans · (FS.6.01) Employment & Wages · Weekly Summary


  • [New] Japan releases its inflation-adjusted real wage data for October today, and it will almost certainly mark the 10th straight monthly decline. Japan Today
  • [New] We expect another near-5% wage growth rise for 2026, which will eventually turn real wages positive. / Japan ING Think
  • [New] Key economic indicators such as consumer spending, employment reports, and inflation metrics will be crucial in shaping Fed policy. FinancialContent
  • [New] The Fed's own communications have emphasised rising downside risks to employment, even as inflation remains uncomfortably above the Fed's 2% target. FX Empire
  • [New] The Finnish government launched a pilot to test whether a basic income could incentivise employment better than traditional unemployment benefits. THE BLOT REPORT
  • The outcome of the minimum wage negotiations for 2026 will be crucial for the inflation outlook. / Turkey ING Think
  • Mexico's consumer confidence slipped, suggesting 2026 consumption may rely more on real wage gains and remittances. The Rio Times
  • The Fed will prioritize employment over inflation next week, moving to bring rates lower. Investopedia
  • The Bank of Canada's monetary policy trajectory, influenced by inflation trends and wage growth, will be crucial. Valley City Times-Record
  • In 2026, a total of 20 states will keep their minimum wages at the federal level of $7.25 per hour, and 8 other states with wage floors above the federal rate will not increase their minimum wages due to the absence of inflation indexing. National Employment Law Project
  • Key releases on inflation and employment, along with the upcoming Fed meeting, could either validate the current optimism around rate cuts or reintroduce volatility if the narrative shifts. Beta Wealth Group
  • Upside risks: inflation could rise again due to cost pressures from the Employment Rights Bill and potential tax rises in the upcoming UK Budget. British Chambers of Commerce
  • Should consumer sentiment continue to deteriorate, there could be increased pressure on the Federal Reserve to accelerate interest rate cuts, or even for fiscal policies aimed at stimulating consumer demand, although the Fed's primary focus remains on inflation and employment. The Chronicle-Journal
  • Current systems could already take over tasks tied to roughly 11.7% of total wage value, or $1.2 trillion in pay, with especially high exposure across finance, health care and professional services. Insurance Business
  • Illinois Releases New Workplace Laws for 2026 - What Employers Need to Know Illinois has enacted several important labour and employment laws that will take effect in 2026, and now is a great time for employers and business owners to prepare. be the change HR
  • The Center on Budget and Policy Priorities warns that many of the people who would be affected already work in insecure or part-time employment and might lose benefits because of problems with reporting or paperwork. hodunfarms.com
  • Canadian Government Bond Yields Better-than-expected employment growth could push yields higher (bond prices lower), reflecting expectations for stronger growth, tighter labour markets and potentially elevated inflation (which may reduce the chance of cuts). FinancialJuice
  • A surprisingly strong employment report, paired with stickier-than-expected inflation, has swung consensus the other way: the Reserve Bank of Australia is now widely seen as having wrapped up its easing cycle for this year. / Australia Marc to Market
  • Traders are ramping up bets on two BOJ hikes by October in 2026 as inflation and wage signals strengthen. investing.com

Last updated: 23 December 2025



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