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Stories Tagged as

Wages

Day care providers struggle to compete with rising wages

by Amanda Peacher
Oct 13, 2021
The pandemic has shown that child care in the U.S. isn’t working. Most early childhood caregivers and teachers don’t earn a living wage.
The pandemic has only exacerbated the struggles of the child care industry.
Sean Gallup via Getty Images
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California bill assures garment workers an hourly wage

by Caroline Champlin
Oct 1, 2021
The legislation could double wages for some workers, but critics say it could move manufacturing out of state.
Some garment workers in Los Angeles were making as little as $2 an hour.
Getty Images
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Workers want better pay and incentives, and businesses are responding

by Amanda Peacher
Aug 18, 2021
The response, however, has led to a shift in the workforce where people are still leaving for even better-paying jobs. Small businesses are trying to keep up.
Many small businesses are realizing they have to compete with the amount of money people are receiving in unemployment benefits if they want to fill empty positions.
Justin Sullivan/Getty Images
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COVID & Unemployment

Labor shortage? Wage data sends mixed signals.

by Mitchell Hartman
Jul 2, 2021
Wages across the board would rise amid a widespread labor shortage, one economist says. But we're seeing pockets of wage growth.
Mario Tama/Getty Images
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employment

"The balance of power is shifting": Ritholtz on the future of work and wages

by Kai Ryssdal and Andie Corban
Jun 15, 2021
Investor and columnist Barry Ritholtz says workers are gaining leverage in relations with management, which could lift wages.
Investor and columnist Barry Ritholtz argues that the key to the so-called labor shortage is inadequate pay.
Anna Moneymaker/Getty Images
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COVID-19

Why we’re seeing rising consumer prices

by Janet Nguyen
May 14, 2021
The consumer price index for April showed this week that prices jumped 4.2% year over year.
Multiple factors have been pushing up food prices, including the use of corn as fuel, an expert said.
Mario Tama/Getty Images
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COVID & Unemployment

Wage growth and post-lockdown demand could push up UK inflation

by Victoria Craig
May 14, 2021
Sound familiar?
British restaurants like The Quality Chop House are on a hiring spree to try to meet elevated consumer demand.
Victoria Craig/Marketplace
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COVID-19

Employers try an unfamiliar tactic to attract workers: raising wages

by Sabri Ben-Achour
May 13, 2021
McDonald's has joined Chipotle in offering higher wages. And it's hard to undo that.
Frederic J. Brown/AFP via Getty Images
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COVID & Unemployment

Small businesses are having trouble filling job openings, so some wages are rising

by Justin Ho
Apr 15, 2021
Almost half of small business owners said in a survey they couldn't fill open jobs, so many of them are offering more money.
Many small businesses are realizing they have to compete with the amount of money people are receiving in unemployment benefits if they want to fill empty positions.
Justin Sullivan/Getty Images
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COVID-19

Wages spike in the pandemic — but it's just a fluke

by Mitchell Hartman
Jan 4, 2021
In the recovery this year, wages are likely to stagnate for returning service workers, economists predict.
Fast-rising wages during the pandemic are an anomaly. While most higher-paid professionals were able to work from home, millions of lower-paid service workers lost jobs and income.
Filmstudio via Getty Images
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