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Stories Tagged as

Wages

Wages are still growing in many sectors that need that growth

by Lily Jamali
Jun 3, 2022
That may be a sign that the overheated job market is cooling down.
Wages went up in leisure and hospitality — just in time for summer.
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Wages are still rising. Because employers are still feeling the pressure to pay more.

by Sabri Ben-Achour
May 26, 2022
Apple is the latest big employer to announce it's hiking hourly pay. The market for in-person work is especially competitive.
An employee serves customers at an Apple store. Apple increased its hourly starting wage to a minimum of $22.
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Is a wage-price spiral driving inflation?

by Mitchell Hartman
May 4, 2022
Wages are rising fast, but not as fast as prices. When inflation expectations drive workers' demands for higher pay, inflation can spiral out of control.
Rising prices can motivate workers to seek higher pay. Both are increasing quickly.
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What's helping drive wage increases for low-wage workers?

by Lily Jamali
May 3, 2022
In some sectors, like leisure and hospitality, workers have been quitting and changing jobs, allowing them move into higher-paid positions.
Wages for jobs like cooks, waiters and hotel clerks rose more than 8% in the first quarter of 2022 from a year earlier, according to the Bureau of Labor Statistics.
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New data shows companies are spending more on workers

by Mitchell Hartman
Apr 29, 2022
Wages are rising and benefits are getting better. Trouble is, inflation is outpacing pay.
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7 in 10 big firms report wage hikes, survey says. Is it enough to keep up with inflation?

by Nancy Marshall-Genzer
Apr 25, 2022
Some economists in the survey don’t expect their firms to pay workers more in the future.
Consumer sentiment registered an uptick in the University of Michigan's latest survey, but buyers remain wary about the economy as a whole.
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Wages rise ... but prices rise more

by Mitchell Hartman
Mar 31, 2022
If wages were to rise as fast as prices right now, it could lead to a wage-price spiral, something the Fed is trying to prevent.
Wage increases aren't keeping up with inflation, but experts say it will even out soon.
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Are wages keeping up with inflation? Depends on your job.

by Mitchell Hartman
Feb 14, 2022
Some workers are seeing wage increases above the rate of inflation. But, overall, rising prices are outpacing rising wages.
Sure, wages are increasing right alongside prices right now. But, overall, prices are rising faster.
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Consumer sentiment is down. Will consumer spending follow?

by Mitchell Hartman
Feb 14, 2022
The University of Michigan's consumer sentiment index is at a 10-year low. But consumer demand and savings remain high.
The job market is booming. Wages are rising. And yet for the past few months now, consumers have been feeling worse and worse about their finances and the state of the U.S. economy.
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Consumer sentiment takes another hit in December

by Mitchell Hartman
Jan 14, 2022
University of Michigan data shows inflation is starting to bite more for consumers at the low end of the income spectrum.
How consumers feel about the economy versus their own personal economic outlooks are two very different stories.
Brandon Bell/Getty Images
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