labor market

With an aging population and declining birth rate, immigrants have helped fill necessary voids in the labor supply.

The wage hikes are likely a move to remain competitive.

A survey from the National Federation for Independent Businesses showed companies are feeling better about the health of their businesses. But concerns about labor persist.   

The expectation is that the Fed will cut rates — but what if inflation spiked in August? 

For the first time in 15 years, data from the Atlanta Fed shows that people who switch jobs haven’t been getting any more of a pay bump than people who stick with the same company.

Trump’s pick to head the Bureau of Labor Statistics has suggested pausing the report, a proposal that investors, companies, and policymakers would not be fond of. 

Inflation is taking a back seat as Fed Chair Jerome Powell signaled that a rate cut is coming.

July’s weak jobs report could be grounds for a big rate cut come September.

Nationally, the unemployment rate is low, at 4.2%. But it’s much higher in some parts of the country than others.

Starbucks is just one corporate example moving from a merit-based system to an across-the-board 2% raise.