There have been some wild swings in hiring since the onset of the COVID pandemic and currently some of the biggest U.S. companies are going through major job cuts. Tech giants Meta, Amazon and Microsoft,…
New laws in California and Washington state have taken effect this year that will require employers to post salary ranges on job listings. Similar laws are already in place in the states of Colorado and New York. New…
The Austin City Council voted to approve a resolution that would direct the city manager to adopt a minimum wage of $22 per hour for city employees. During the meeting on June 16, several city workers testified…
Treasury Secretary Janet Yellen said Sunday that the Biden administration’s policies are not responsible for record-high gas prices, and the only way to fix the energy crisis in the "medium-term" is to move towards "renewables…
American executives overwhelmingly believe that a recession will strike in early 2023, according to a new CNBC survey of chief financial officers released Thursday. The United States economy shrank at a 1.5% annualized rate in the first quarter of 2022, with two consecutive…
Strong hiring in the manufacturing, transportation and warehousing and health-care sectors during April helped the U.S. economy notch its 12th straight month of job gains of 400,000 or more. The U.S. economy added 428,000 jobs…
Amid inflation that is spiraling out of control, real wages for Americans have dropped by nearly 3%. “Inflation ran 8.5% in the year ending last month, while nominal wages grew only 5.6%, a decline in…
Wholesale prices surged again in March as strong consumer demand, pandemic-related supply chain snarls and the Russian war in Ukraine continued to fuel the highest inflation in decades. The Labor Department said Wednesday that its producer price…
Elon Musk will not join Twitter’s board of directors as planned, according to the company’s CEO. Twitter CEO Parag Agrawal announced on Sunday that Musk decided not to join the board. “The Board and I had many discussions about…
Incomes are rising, but not once you account for inflation. this is not a good sign in an economy driven by reckless spending. Savings are also dropping as people are having to spend more and…
