wages

ADP: Private Sector Job Creation Slows for Fifth Consecutive Month
ADP: Private Sector Job Creation Slows for Fifth Consecutive Month
September 05, 2024  |  Economy

The labor market continued to cool in August, with job creation among private employers slowing for the fifth consecutive month and wage growth remaining flat....

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Inflation Cools, but Paycheck-to-Paycheck Consumers Still Feel the Heat
Inflation Cools, but Paycheck-to-Paycheck Consumers Still Feel the Heat
September 02, 2024  |  Economy

The reality is that inflation is cooling. But perception, as they say, is reality. As captured in a PYMNTS Intelligence report in August, the reality...

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Mixed Signals: Consumer Confidence Rises Slightly as Economic Uncertainties Linger
Mixed Signals: Consumer Confidence Rises Slightly as Economic Uncertainties Linger
August 27, 2024  |  Consumer Insights

Is the American consumer cautiously confident? Confidently cautious? Somewhere in the middle? The Conference Board released its Consumer Confidence Index Tuesday (Aug. 27), which showed...

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Lyft Launches Earned Wage Access Offering and Pet Rides Feature
Lyft Launches Earned Wage Access Offering and Pet Rides Feature
August 27, 2024  |  Gig Economy

Lyft expanded its offerings with earned wage access for drivers and a new service for pet owners. The earned wage access offering is one of...

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Data Shows 93% of Truckers Would Use Instant Payments if Offered
Data Shows 93% of Truckers Would Use Instant Payments if Offered
August 19, 2024  |  Real-Time Payments

The transportation industry is a high-speed world of logistics and delivery, where efficiency and speed are paramount. Yet, the methods by which many transportation businesses...

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Employment Trends Index Points to Gloomier Times Ahead for Already-Stretched Households
Employment Trends Index Points to Gloomier Times Ahead for Already-Stretched Households
August 05, 2024  |  Economy

On a day when a stock market rout promised to become a full-fledged bloodbath, and as recession fears mounted, the latest spate of economic data...

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Unemployment Up as Hiring Slows; Pressures Mount for Paycheck-to-Paycheck Economy
Unemployment Up as Hiring Slows; Pressures Mount for Paycheck-to-Paycheck Economy
August 02, 2024  |  Economy

The headline employment numbers from the Bureau of Labor Statistics Friday (Aug. 2) showed that firms added 114,000 jobs in July, and the unemployment rate...

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Private Sector Adds 122K Jobs as Wage Growth Slows
Private Sector Adds 122K Jobs as Wage Growth Slows
July 31, 2024  |  Economy

American companies added 122,000 jobs this month, while wage growth continued to slow. That’s according to the latest monthly employment report from ADP, released Wednesday (July 31),...

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Will Earned Wage Access Unlock FedNow Sender Adoption?
Will Earned Wage Access Unlock FedNow Sender Adoption?
July 30, 2024  |  Faster Payments

One year on, FedNow and instant payments are seeing a groundswell of interest and intention to speed up funds paid out to individuals. Taking stock...

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