wages

Strong Labor Market Skips Main Street’s Small Businesses 
Strong Labor Market Skips Main Street’s Small Businesses 
December 16, 2022  |  SMBs

Between inflation and a tight labor market, retail’s small businesses can’t catch a break.  The U.S. economy added 263,000 non-farm jobs in November. This was roughly in...

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24% of Banks Plan to Offer Businesses Early Wage Access Programs 
24% of Banks Plan to Offer Businesses Early Wage Access Programs 
November 29, 2022  |  Faster Payments

Companies are looking for ways to attract and retain employees and are finding that early wage access is an offering that will help them do...

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ADP Adds Earned Wage Access to Payment Platform
ADP Adds Earned Wage Access to Payment Platform
November 17, 2022  |  Payroll

Human capital management solutions provider ADP has added earned wage access (EWA) to its Wisely by ADP payment platform. The EWA feature, which is offered...

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Retailers Lag Broader Main Street Business Recovery in Q3
Retailers Lag Broader Main Street Business Recovery in Q3
November 15, 2022  |  SMBs

The small- to medium-sized businesses (SMBs) on Main Street, USA, were some of the hardest hit in March 2020, and pandemic recovery, though swift, has...

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Early Wage Access Could Tip the Scales in Worker Recruitment
Early Wage Access Could Tip the Scales in Worker Recruitment
November 11, 2022  |  Money Mobility

Fifty-five percent of consumers say their pay is falling behind in the race against inflation. Amid consumer anxiety about the rising cost of living, employees...

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40% Of US Households Are More Vulnerable to Labor Market Volatility
40% Of US Households Are More Vulnerable to Labor Market Volatility
October 25, 2022  |  Consumer Finance

Economic conditions in the United States are consistent with a tight labor market — most consumers looking for work can find it. The unemployment rate...

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More Spending, Bigger Paychecks Shine Hope on Economic Recovery
More Spending, Bigger Paychecks Shine Hope on Economic Recovery
September 30, 2022  |  Economy

Consumer spending in August rose 0.4%, aligning with bigger paychecks and rebounding from a decline last month even as inflation stays high. Excluding food and...

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Amazon Raising Front-Line Worker Wages
Amazon Raising Front-Line Worker Wages
September 29, 2022  |  Amazon

Amazon is raising wages for its front-line workers, and introducing a benefit that lets them collect their pay at any time during the month. As...

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Dick’s, Macy’s Join Mounting Retail Seasonal Hiring Trend; Staffing Shortages Loom
Dick’s, Macy’s Join Mounting Retail Seasonal Hiring Trend; Staffing Shortages Loom
September 26, 2022  |  Retail

Fast access to pay is one of the benefits retail chains are offering as they compete for employees to fill seasonal positions for the upcoming...

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