Business and the labour market

Californian workers have enjoyed a week of sunshine.  The Governor of California, Jerry Brown, has reached a deal with labour unions and state political leaders to raise the Californian minimum wage to $15 an hour (£10.45 at current exchange rates)....

This week official statistics showed that, at 74.1%, the employment rate is at its highest since comparable records began in 1971. Nearly 23 million Britons work full time, and 8.43 million part time. In total, we work in excess of...