American real estate agents receive commission rates three times the average in other rich countries. This and more in our 'week in charts'
on February 8th. A party that long acted as the political wing of the Irish Republican Army, which bombed and shot its way through decades of the Troubles in Northern Ireland, won most first-preference votes. It did so on a promise to spend more on public services, appealing to voters seeking an alternative to the old centre-right duopoly of Fianna Fail and Fine Gael. But. One is Brexit: Northern Ireland voted Remain, and unification would allow it to rejoin the EU. The other is demography.
By autumn 2021 Germany will have a new chancellor. It won’t be Annegret Kramp-Karrenbauer. The leader of the Christian Democratic Union—senior partner in the country’s governing coalition—said on February 10th that. A debacle in the eastern state of Thuringia, where the CDU voted with the far-right Alternative for Germany to install a member of a third party as state premier, proved one gaffe too many.
At 128 months and counting, America’s economic expansion is the longest on record. Its durability—it has weathered global manufacturing downturns, monetary tightening and a trade war—is due in part to faster growth in wages for workers at the bottom of the income distribution than for the better-paid. As ourcolumn notes, that reflects not only a tightening labour market but also increases in state and local minimum-wage rates.
that faster wage growth may also be connected to lower immigration, and hence less competition for low-paid jobs. Over time, however, employers may switch to less labour-intensive production, offsetting the short-term boost to pay.this week, they deserve their bad rap, at least in America. The scale of the commissions they extract is jaw-dropping: 5-6% of the value of a property, three times the average in other rich countries.
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