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Why Salaries Are Not Increasing Despite High Inflation?
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[QUOTE="Good-Guy, post: 193942, member: 29109"] Most of the people who are living in Tier 3 countries know that the conditions of those countries are really bad, unfortunately. I also myself live in a Tier 3 country and in here the situation of economy is really bad and the financial conditions of most of the people is quite saddening. There are several reasons for that. One of the biggest reason is the fact that inflation has been literally damaging the economical growth of the country and pandemic could also be blamed for that. Since the economic conditions can also have a huge impact on the job market, I was expecting a raise in salary for the jobs being offered to the individuals on many social media platforms. I was browsing a job page where many companies post ads for interested candidates and I was shocked to know that they were offering the same salary packages they were offering several months ago! How is this even possible is just beyond me! If the inflation in the country has increased and prices have increased, the salary of people should also increase at the same ratio! However, this is not happening. This is really cruel. Why do you think this might be happening? [/QUOTE]
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Why Salaries Are Not Increasing Despite High Inflation?
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