wages

Job Creation Slows Amid Big Cuts in Manufacturing
Job Creation Slows Amid Big Cuts in Manufacturing
June 05, 2024  |  Economy

Job creation in the U.S. is demonstrating signs of slowing as wages remain flat. That’s according to the monthly report on private sector employment released...

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Consumers Increasingly Expect Growth in Public Assistance Programs
Consumers Increasingly Expect Growth in Public Assistance Programs
May 28, 2024  |  Consumer Insights

Consumers are more likely to expect an expansion of public assistance programs than they were a year ago. Among the programs about which they have...

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DailyPay COO Stacy Greiner to Serve as Interim CEO
DailyPay COO Stacy Greiner to Serve as Interim CEO
May 28, 2024  |  Personnel

DailyPay CEO Kevin Coop will step down from that position to pursue other endeavors and serve as a board advisor for the company. The WorkTech...

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Shoppers Dig Into Their Savings to Afford Essentials, Not Nice-to-Haves
Shoppers Dig Into Their Savings to Afford Essentials, Not Nice-to-Haves
May 24, 2024  |  Retail

Among consumers who expect to have to dip into their savings this year, most expect to do so to afford items and services they need, rather than to treat...

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Steep Hospital Costs Help Inflation Persist
Steep Hospital Costs Help Inflation Persist
May 16, 2024  |  Economy

American medical care costs have gone up, and that’s reportedly helped inflation remain high. Hospital prices climbed 7.7% between April 2023 and April 2024, the biggest monthly increase...

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93% of Truck Drivers Want Instant Payments
93% of Truck Drivers Want Instant Payments
May 15, 2024  |  Faster Payments

Truck drivers help keep the supply chain functioning, but the turnover rate is high in the industry — a reality that can have ripple effects...

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Chime to Add Earned Wage Access Offering to Banking App
Chime to Add Earned Wage Access Offering to Banking App
May 15, 2024  |  Digital Banking

Chime will soon add an earned wage access offering called MyPay to its banking app. The FinTech company has opened a waitlist for MyPay and...

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Square: Restaurant Worker Pay Jumps 66% in 7 Years
Square: Restaurant Worker Pay Jumps 66% in 7 Years
May 14, 2024  |  ResTech

Labor costs continue to weigh on restaurants, according to a new report by Square. The point-of-sale payments company’s Quarterly Restaurant Report, released Tuesday (May 14) notes...

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Lyft Extends 70% Pay Standard to Drivers Nationwide
Lyft Extends 70% Pay Standard to Drivers Nationwide
May 14, 2024  |  Ridesharing

Ride-hailing platform Lyft said it wants to lift its driver’s earnings. Earlier this year, the company introduced a new standard for drivers, ensuring they will always earn 70%...

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