Labor/page/3 news and trends

Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
Consumer Finance // September 09, 2024

Monday (Sept. 9) offered up a snapshot of consumer sentiment on where inflation is headed, their overall feelings about managing a mounting debt load, and where and how they’re spending against this backdrop. Connecting the dots between the two separate reports — the Federal Reserve...

Initial Unemployment Claims Rise, Boosting Expectations of Rate Cut
Economy // August 22, 2024

The number of initial claims for unemployment insurance increased by 4,000 during the week ended Saturday (Aug. 17), suggesting a cooling of the labor market and an upcoming cut in interest rates. The total of 232,000 initial claims filed during the week was up from...

More Job Seekers Are Turning to AI to Write Resumes
artificial intelligence // August 16, 2024

Artificial intelligence (AI) has emerged as the go-to resume writer for most job seekers, a striking change that is reshaping the job market landscape. About half of the candidates searching for new positions are now turning to AI to craft their resumes. This marks a...

Brinker International Says Pay-at-the-Table Tech Enhances Dining Experience
Earnings // August 14, 2024

Brinker International has found that its investments in digital tools have improved the experience for both customers and employees at its casual dining restaurants. These improvements have also contributed to the company’s continued profitable and sustainable growth, executives of Brinker International, the owner of Chili’s...

Interviews & Exclusives
Mixed Economic Signals: Strong Jobs Report, but Declining Confidence

October 07, 2024
Monday (Oct. 7) marked a double dose of economic data that provided a continued diet of mixed signals. First up, the Federal Reserve’s latest data on consumer credit showed an overall slowdown in the annualized gain for credit overall in August, ratcheting down to a 2.1% pace, down sharply from 6.3% in the previous month. Mix […]

Paytronix’s New CEO Says Restaurants Can Close Service Gap With AI Analytics

July 24, 2023
As restaurants struggle with ongoing labor challenges, technology can help those with less experienced staff offer the kind of personalized service that many customers expect, according to new Paytronix CEO...

Chipotle CTO: AI Could Transform Everything From Food Prep to Dishwashing

July 17, 2023
At Chipotle Mexican Grill, automation is slowly taking over kitchens as part of the fast-casual giant’s efforts to boost back-of-house efficiency and mitigate labor challenges. Most recently, the brand announced...

Bite Ninja Bets on Restaurant Remote Workforce Despite Diner Frustrations

June 29, 2023
As labor-crunched restaurants seek to get more productivity out of their workforce, one tech startup is offering a remote work solution, even as diners demand just the opposite — more...

Quick Reads
Initial Unemployment Claims Rise, Boosting Expectations of Rate Cut

August 22, 2024
The number of initial claims for unemployment insurance increased by 4,000 during the week ended Saturday (Aug. 17), suggesting a cooling of the labor market and an upcoming cut in interest rates. The total of 232,000 initial claims filed during the week was up from the previous week’s revised figure of 228,000, the Department of Labor […]

Brinker International Says Pay-at-the-Table Tech Enhances Dining Experience

August 14, 2024
Brinker International has found that its investments in digital tools have improved the experience for both customers and employees at its casual dining restaurants. These improvements have also contributed to...

Private Sector Adds 122K Jobs as Wage Growth Slows

July 31, 2024
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), showing the number of new...

Auto Plant Closures, Hurricane Drive Increase in Initial Unemployment Claims

July 18, 2024
The number of initial claims for unemployment insurance increased by 20,000 during the week ended Saturday (July 13), driven by temporary closures of automobile plants and the effects of Hurricane...