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News Articles: Wages

Sheet metal worker Carey Mercer assembles ductwork at Contractors Sheet Metal on Aug. 3, 2021, in New York. New York City and Washington, D.C., are among the cities in which young women earn more than young men, a Pew Research Center study found.

Tagged as: 

  • National

Young women earn more than young men in several U.S. cities

In 22 of 250 metro areas, women under the age of 30 earn as much or more than their male counterparts, a Pew Research Center report found.

April 02, 2022
|
By:
  • Jeff Dean
Signs with the message 'Now Hiring' are displayed in front of restaurants in Rehoboth Beach, Delaware, on March 19.

Tagged as: 

  • Economy

Employers continue hiring spree even as war in Ukraine ratchets up economic fears

U.S. employers added 431,000 jobs in March, as the unemployment rate fell to 3.6% from 3.8% in February. The tight job market is putting upward pressure on both wages and prices.

April 01, 2022
|
By:
  • Scott Horsley
A man wearing a face mask walks past a "Now Hiring" sign in front of a store on Jan. 13, in Arlington, Va. The labor market is showing resilience despite a recent spike in omicron-related coronavirus infections.

Tagged as: 

  • Economy

In a big surprise, the job market surged in January even as omicron cases spiked

U.S. employers added 467,000 jobs last month despite a surge of coronavirus infections. The unemployment rose to 4% from 3.9% in December.

February 04, 2022
|
By:
  • Scott Horsley
Higher costing meat and drinks on the menu at Cameron Mitchell Restaurants, which runs 60 dining outlets across the country — from high-end steakhouses to Molly Woo's Asian Bistro and El Segundo Mexican Kitchen.

Tagged as: 

  • Economy

Inflation is red hot, soaring to 6.8% in November, the highest in nearly four decades

Businesses across the country, from restaurants to retail, must decide when, not if, to raises prices and by how much.

December 10, 2021
|
By:
  • Scott Horsley
Workers from a Kellogg cereal plant picket along the main rail lines leading into the facility on Oct. 6 in Omaha, Neb. Workers have gone on strike after a breakdown in contract talks with company management.

Tagged as: 

  • Business

A two-tier wage system roiled the auto industry. Workers today say no way

Nurses at Kaiser Permanente and cereal workers at Kellogg are among those protesting their companies' proposals for a two-tier wage system under which new hires would earn less for the same work.

October 16, 2021
|
By:
  • Andrea Hsu
People shop at a Macy's in New York this month.

Tagged as: 

  • Business

More Retail Workers Are Quitting Than Ever, But More Stores Are Opening Than Expected

The U.S. retail industry is setting records: workers quitting and workers hired. Wages are finally growing. And despite the pandemic devastation, brand-new stores are still opening.

August 26, 2021
|
By:
  • Alina Selyukh
A server delivers food to customers dining at a restaurant in Los Angeles on Aug. 7. Restaurants are boosting pay to attract workers, and that could have an impact on already-high inflation.

Tagged as: 

  • Economy

Wages Are Going Up — And So Is Inflation. Consumer Prices Have Hit A 13-Year High

Consumer prices rose 5.4% in July, compared to a year ago. Here's one thing to watch going forward: How rising wages impacts inflation.

August 11, 2021
|
By:
  • Scott Horsley
Restaurants in Miami and across the country are seeing surging demand from customers, but they are still struggling to recruit staff.

Tagged as: 

  • Economy

Restaurants Are Dangling Vacation And Matching 401(k), But Many Workers Aren't Biting

As the U.S. economy continues to rebound from the pandemic recession, lots of people are going back to work — but not as quickly as many employers would like. Employers added 943,00 jobs in June.

August 06, 2021
|
By:
  • Scott Horsley
An activist wears a "Fight For $15 and a Union" t-shirt at the U.S. Capitol in 2019 as lawmakers took on legislation to raise the federal minimum wage.

Tagged as: 

  • Business

$15 Minimum Wage Would Reduce Poverty But Cost Jobs, CBO Says

Raising the federal minimum to $15 an hour by 2025 would boost pay for at least 17 million people and cut 1.4 million jobs, according to the non-partisan Congressional Budget Office.

February 08, 2021
|
By:
  • Alina Selyukh
Workers with disabilities can be paid less than minimum wage. The U.S. Commission on Civil Rights says that has trapped workers in "exploitative and discriminatory" job programs.

Tagged as: 

  • National

Workers With Disabilities Can Earn Just $3.34 An Hour. Agency Says Law Needs Change

A 1938 law created "exploitative and discriminatory" job programs and should be phased out, marking a new milestone in the debate over "sheltered workshops," the U.S. Commission on Civil Rights says.

September 17, 2020
|
By:
  • Alina Selyukh

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