Browsing: Wages
A juicy rate cut and new evidence of a surprisingly resilient economy, Yardeni Research calls it ‘nirvana’
The Federal Reserve cut interest rates for the first time since March 2020 on Wednesday. Stocks balked at the move…
Boeing agreed on a preliminary new contract with union leaders that includes a hefty wage hike that would avert a…
It’s painful enough to watch your bank account drain each month when rent is due. But what’s even more alarming…
Union Pacific is holding back on its promises to make schedules more predictable for train crews to address the quality of…
Japan’s labor ministry proposed a record increase in the minimum wage for the fourth consecutive year, in a bid to…
The federal minimum wage has not risen from $7.25 for 15 years. That run extends the longest such streak since…
Wages in the U.K. are growing twice as fast as Europe and the U.S. thanks to one simple policy
The U.K.’s new Labour government has emerged from its landslide election victory, promising to return the country to its economic…
Trump blames immigrants for taking ‘Black jobs.’ Top economists debunk long-held arguments like it
Last night, former President Donald Trump made a comment about “Black jobs” that drew ire, mockery, and laughter from Black…
15,000 Amazon drivers accuse the e-commerce giant of shorting them on pay and incurring ‘huge expenses’
Thousands of delivery drivers filed legal claims against Amazon on Tuesday, alleging the company’s classification of them as independent contractors…
American Airlines flight attendants say their pay is so low, they fight for airplane meals to save money and sleep in their cars—and they’re ready to strike
American Airlines recently offered to hike flight attendants’ pay 17%—but the workers say that won’t be enough to stop the…