wages

Report: Richest 1% Increase Their Share of Post-Pandemic Wealth
Report: Richest 1% Increase Their Share of Post-Pandemic Wealth
October 09, 2023  |  Economy

The pandemic reportedly did little to close the gap between the rich and the poor. Despite some belief that a robust job market and strong...

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Unemployment Claims Remain Low as Wage Growth Slides
Unemployment Claims Remain Low as Wage Growth Slides
October 05, 2023  |  Economy

Initial jobless claims remained low last week, according to new Labor Department data. Government figures released Thursday (Oct. 5) showed initial claims inching up to 207,000 for the week...

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ADP Finds ‘Steepening’ Decline in Job Growth as Wages Dip
ADP Finds ‘Steepening’ Decline in Job Growth as Wages Dip
October 04, 2023  |  Economy

Private employers added 89,000 jobs last month, the slowest growth rate since early 2021. That’s according to the monthly employment report released Wednesday (Oct. 4) by ADP, which...

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Nearly 12% of Americans See Incomes Decrease as Business Slows
Nearly 12% of Americans See Incomes Decrease as Business Slows
October 04, 2023  |  Economy

More and more Americans are seeing income levels drop, a new labor market survey shows. As Bloomberg News reported Wednesday (Oct. 4), a survey by Morning Consult finds that...

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Chicago Expected to Require Restaurants to Pay Standard Minimum Wage
Chicago Expected to Require Restaurants to Pay Standard Minimum Wage
October 03, 2023  |  Legal

Chicago is at the center of a heated debate over the practice of treating tips as wages. Lawmakers in the city are considering a new...

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41% of Employed Consumers Tackle Inflation by Doing Gig Work
41% of Employed Consumers Tackle Inflation by Doing Gig Work
October 02, 2023  |  Consumer Insights

The economic landscape has been marked by rising inflation, leading to concerns among employed consumers about their wages keeping up with the cost of living....

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NYC May See Surge in Pickup With Food Delivery Wage Increase
NYC May See Surge in Pickup With Food Delivery Wage Increase
September 29, 2023  |  Delivery

With mandated increases in delivery drivers’ pay, New York City is likely to see off-premise restaurant customers shift to pickup to avoid steeper fees. Uber,...

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California Fast-Food Workers to Receive $20 an Hour Minimum Wage
California Fast-Food Workers to Receive $20 an Hour Minimum Wage
September 29, 2023  |  Economy

California Governor Gavin Newsom has signed a new bill into law that raises the minimum wage for fast-food workers in the state to $20 an...

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Inflation Slows but Still Outpaces Disposable Income Headed Into Holiday Shopping Season
Inflation Slows but Still Outpaces Disposable Income Headed Into Holiday Shopping Season
September 29, 2023  |  Economy

Inflation is slowing, according to the latest official data. But it may not make a difference in the lives of the roughly 60% of consumers...

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