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

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

Why we’re seeing rising consumer prices

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

Employers try an unfamiliar tactic to attract workers: raising wages

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

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

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

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

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

Starbucks and Home Depot permanently raising wages

Nov 19, 2020
A growing number of people across the country and the political spectrum support raising the minimum wage. Is this a sign of a bigger shift?
Starbucks is boosting starting salaries to help attract and retain new employees.
Andrew Caballero-Reynolds/AFP via Getty Images

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The changing labor market could affect hazard pay

May 20, 2020
Bonuses for many essential workers is being rolled back this month. And high unemployment could push wages down, even for risky jobs.
An Amazon employee at the company's Staten Island distribution facility. The giant retailer is phasing out its hazard pay.
Spencer Platt/Getty Images

What can past pandemics teach economists about COVID-19?

Economists are adapting models and using social media to try to capture emerging trends in real time.
A group of MIT researchers found that nearly half of those they surveyed are now working from home.
Olivier Douliery/AFP via Getty Images

How do Chinese employees get paid for February when they didn't work?

Apr 1, 2020
Most people in China are just getting paid wages for February and by law, employees are supposed to receive their regular salaries even when their companies were shut because of the coronavirus. Did they?
Workers in Shanghai are back on the roads as the Chinese economy tries to gear up again.
Charles Zhang/Marketplace