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Graph and download economic data for Unit Labor Costs for Manufacturing: Cut and Sew Apparel Manufacturing (NAICS 3152) in the United States (IPUEN3152U101000000) from 1988 to 2024 about sewing, unit labor cost, apparel, NAICS, IP, manufacturing, and USA.
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Unemployment Rate in the United States increased to 4.20 percent in July from 4.10 percent in June of 2025. This dataset provides the latest reported value for - United States Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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European Cutting, Shaping and Finishing of Stone Labour Cost Per Employee FTE by Country, 2023 Discover more data with ReportLinker!
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The central bank provides interest rates for banks to carry out various forms of financing operations, such as rediscounting qualified bills, short-term financing, and secured loan refinancing.
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Wages in the United States increased 4.78 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United States Wages and Salaries Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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The benchmark interest rate in Australia was last recorded at 3.85 percent. This dataset provides - Australia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In March 2025, inflation amounted to 2.4 percent, while wages grew by 4.3 percent. The inflation rate has not exceeded the rate of wage growth since January 2023. Inflation in 2022 The high rates of inflation in 2022 meant that the real terms value of American wages took a hit. Many Americans report feelings of concern over the economy and a worsening of their financial situation. The inflation situation in the United States is one that was experienced globally in 2022, mainly due to COVID-19 related supply chain constraints and disruption due to the Russian invasion of Ukraine. The monthly inflation rate for the U.S. reached a 40-year high in June 2022 at 9.1 percent, and annual inflation for 2022 reached eight percent. Without appropriate wage increases, Americans will continue to see a decline in their purchasing power. Wages in the U.S. Despite the level of wage growth reaching 6.7 percent in the summer of 2022, it has not been enough to curb the impact of even higher inflation rates. The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. There are discrepancies between states - the minimum wage in California can be as high as 15.50 U.S. dollars per hour, while a business in Oklahoma may be as low as two U.S. dollars per hour. However, even the higher wage rates in states like California and Washington may be lacking - one analysis found that if minimum wage had kept up with productivity, the minimum hourly wage in the U.S. should have been 22.88 dollars per hour in 2021. Additionally, the impact of decreased purchasing power due to inflation will impact different parts of society in different ways with stark contrast in average wages due to both gender and race.
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Graph and download economic data for Employed full time: Wage and salary workers: Cutting workers occupations: 16 years and over (LEU0254519200A) from 2000 to 2024 about occupation, full-time, salaries, workers, 16 years +, wages, employment, and USA.
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India Minimum Daily Wage Rate: Kerala: Timber/Cutting data was reported at 515.800 INR in 2021. This records an increase from the previous number of 495.100 INR for 2020. India Minimum Daily Wage Rate: Kerala: Timber/Cutting data is updated yearly, averaging 457.300 INR from Dec 2015 (Median) to 2021, with 7 observations. The data reached an all-time high of 515.800 INR in 2021 and a record low of 407.800 INR in 2017. India Minimum Daily Wage Rate: Kerala: Timber/Cutting data remains active status in CEIC and is reported by Labour Bureau. The data is categorized under India Premium Database’s Labour Market – Table IN.GBE019: Minimum Daily Wage Rate: Minimum Wages Act, 1948: Kerala.
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Minimum Daily Wage Rate: Bihar: Earth Cutting Operation data was reported at 306.000 INR in 2021. This records an increase from the previous number of 277.000 INR for 2020. Minimum Daily Wage Rate: Bihar: Earth Cutting Operation data is updated yearly, averaging 197.000 INR from Dec 2009 (Median) to 2021, with 13 observations. The data reached an all-time high of 306.000 INR in 2021 and a record low of 104.000 INR in 2009. Minimum Daily Wage Rate: Bihar: Earth Cutting Operation data remains active status in CEIC and is reported by Labour Bureau. The data is categorized under India Premium Database’s Labour Market – Table IN.GBE007: Minimum Daily Wage Rate: Minimum Wages Act, 1948: Bihar.
In June 2024, the European Central Bank (ECB) began reducing its fixed interest rate for the first time since 2016, implementing a series of cuts. The rate decreased from 4.5 percent to 3.15 percent by year-end: a 0.25 percentage point cut in June, followed by additional reductions in September, October, and December. The central bank implemented other cuts in early 2025, setting the rate at 2.4 percent in April 2025. This marked a significant shift from the previous rate hike cycle, which began in July 2022 when the ECB raised rates to 0.5 percent and subsequently increased them almost monthly, reaching 4.5 percent by December 2023 - the highest level since the 2007-2008 global financial crisis.
How does this ensure liquidity?
Banks typically hold only a fraction of their capital in cash, measured by metrics like the Tier 1 capital ratio. Since this ratio is low, banks prefer to allocate most of their capital to revenue-generating loans. When their cash reserves fall too low, banks borrow from the ECB to cover short-term liquidity needs. On the other hand, commercial banks can also deposit excess funds with the ECB at a lower interest rate.
Reasons for fluctuations
The ECB’s primary mandate is to maintain price stability. The Euro area inflation rate is, in theory, the key indicator guiding the ECB's actions. When the fixed interest rate is lower, commercial banks are more likely to borrow from the ECB, increasing the money supply and, in turn, driving inflation higher. When inflation rises, the ECB increases the fixed interest rate, which slows borrowing and helps to reduce inflation.
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Minimum Daily Wage Rate: Chandigarh: Grass Cutting data was reported at 447.000 INR in 2021. This records an increase from the previous number of 422.000 INR for 2020. Minimum Daily Wage Rate: Chandigarh: Grass Cutting data is updated yearly, averaging 305.380 INR from Dec 2007 (Median) to 2021, with 15 observations. The data reached an all-time high of 447.000 INR in 2021 and a record low of 133.460 INR in 2007. Minimum Daily Wage Rate: Chandigarh: Grass Cutting data remains active status in CEIC and is reported by Labour Bureau. The data is categorized under India Premium Database’s Labour Market – Table IN.GBE008: Minimum Daily Wage Rate: Minimum Wages Act, 1948: Chandigarh.
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The benchmark interest rate in China was last recorded at 3 percent. This dataset provides the latest reported value for - China Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Minimum Daily Wage Rate: Daman and Diu: Hair Cutting Saloon data was reported at 340.200 INR in 2021. This records an increase from the previous number of 310.400 INR for 2020. Minimum Daily Wage Rate: Daman and Diu: Hair Cutting Saloon data is updated yearly, averaging 272.950 INR from Dec 2010 (Median) to 2021, with 12 observations. The data reached an all-time high of 340.200 INR in 2021 and a record low of 132.600 INR in 2010. Minimum Daily Wage Rate: Daman and Diu: Hair Cutting Saloon data remains active status in CEIC and is reported by Labour Bureau. The data is categorized under India Premium Database’s Labour Market – Table IN.GBE011: Minimum Daily Wage Rate: Minimum Wages Act, 1948: Daman and Diu.
We study the gains from increased wage flexibility using a small open economy model with staggered price and wage setting. Two results stand out: (i) the effectiveness of labor cost reductions as a means to stimulate employment is much smaller in a currency union, and (ii) an increase in wage flexibility often reduces welfare, more likely so in an economy that is part of a currency union or with an exchange-rate-focused monetary policy. Our findings call into question the common view that wage flexibility is particularly desirable in a currency union.
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The benchmark interest rate in Russia was last recorded at 18 percent. This dataset provides the latest reported value for - Russia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Bureau of Labor Statistics Pacific Rim - Import Price Index by Origin (NAICS): Cut and Sew Apparel Manufacturing for Pacific Rim was 102.00000 Index 2010=100 in June of 2025, according to the United States Federal Reserve. Historically, Bureau of Labor Statistics Pacific Rim - Import Price Index by Origin (NAICS): Cut and Sew Apparel Manufacturing for Pacific Rim reached a record high of 109.10000 in July of 2023 and a record low of 98.20000 in May of 2013. Trading Economics provides the current actual value, an historical data chart and related indicators for Bureau of Labor Statistics Pacific Rim - Import Price Index by Origin (NAICS): Cut and Sew Apparel Manufacturing for Pacific Rim - last updated from the United States Federal Reserve on July of 2025.
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Minimum Daily Wage Rate: Kerala: Crystal/Diamond Cutting Polishing data was reported at 571.230 INR in 2021. This records an increase from the previous number of 381.720 INR for 2020. Minimum Daily Wage Rate: Kerala: Crystal/Diamond Cutting Polishing data is updated yearly, averaging 343.920 INR from Dec 2014 (Median) to 2021, with 7 observations. The data reached an all-time high of 571.230 INR in 2021 and a record low of 255.950 INR in 2014. Minimum Daily Wage Rate: Kerala: Crystal/Diamond Cutting Polishing data remains active status in CEIC and is reported by Labour Bureau. The data is categorized under India Premium Database’s Labour Market – Table IN.GBE019: Minimum Daily Wage Rate: Minimum Wages Act, 1948: Kerala.
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The benchmark interest rate in Japan was last recorded at 0.50 percent. This dataset provides - Japan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The benchmark interest rate in Turkey was last recorded at 43 percent. This dataset provides the latest reported value for - Turkey Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Graph and download economic data for Unit Labor Costs for Manufacturing: Cut and Sew Apparel Manufacturing (NAICS 3152) in the United States (IPUEN3152U101000000) from 1988 to 2024 about sewing, unit labor cost, apparel, NAICS, IP, manufacturing, and USA.