US wage growth slowed in the final quarter of 2022
U.S. labor costs increased at their slowest pace in a year in the fourth quarter as wage growth slowed, offering a boost to the Federal Reserve in its fight against…
wages
Flight attendants will finally be paid for boarding on Delta
A longstanding tradition with airlines is to not pay cabin crews for boarding passengers; they only get paid after the airplane doors shut. Delta is changing that for its employees,…
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Amazon workers try again to unionize in Alabama
Amazon workers in Alabama were heavily defeated last year in their first bid to unionize, but they are trying again this year. Mail-in ballots are coming in, and the results…
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Minneapolis teachers on strike over pay
Teachers in one of Minnesota’s largest school districts are on strike complaining of low wages. The average annual salary for Minneapolis teachers is more than $71,000, but their union says…
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Inflation the highest since 1982
Inflation continues to increase, at the fastest rate in 40 years last month. Consumers are really feeling it with prices everywhere, especially since wages remain stagnant. The Associated Press has…
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3 rate hikes coming in 2022, Fed says
The Federal Reserve is speeding up tightening credit, announcing three rate hikes coming sooner than expected in 2022. While the economy is growing at a “robust pace,” inflation is persisting…
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7th straight all-time high for S&P 500
For the seventh straight day in a row, the S&P 500 hit an all-time high, ending at 4,697.53. Both the Dow Jones Industrial Average and the Nasdaq composite also rose…
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Hollywood set crews go on strike for first time
The behind-the-scenes workers in Hollywood overwhelmingly voted to go on strike demanding better pay, safer hours, reasonable rest periods and other changes. The International Alliance of Theatrical Stage Employees has…
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Businesses fight to fill jobs as worker pay rises sharply
Employers are striving to fill millions of jobs in the US, spurred on by pandemic restrictions easing a bit. Many people are reluctant to return to work amid COVID-19 concerns,…
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Desperate for workers, employers paying $15/hr
$15 an hour for low-skilled workers is becoming a reality as desperate employers scramble to find workers post-pandemic. Many Americans are choosing to remain on unemployment rather than return to…
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Understanding the June jobs report
The job market is rebounding nicely after the pandemic, and here is what you need to know about the numbers. While most everything looks rosy, unemployment crept up last month.…
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