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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

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

From financial advisers to restaurant workers — where wage gains are above average

Mar 5, 2020
Average hourly earnings are rising about 3% per year. In some occupations, gains are much stronger.
Andrew Burton/Getty Images

A new report says wages are growing, but unequally

Feb 20, 2020
The Economic Policy Institute says the highest earners are getting the biggest raises.
STR/AFP/Getty Images

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Workers see sluggish wage gains with fewer hours on the job

Feb 7, 2020
Average weekly earnings give a snapshot of how much workers are taking home in their paychecks.
Joe Raedle/Newsmakers

Trump's been in office three years. Is the economy better?

Jan 20, 2020
A tax cut and a trade war later, the economy seems pretty similar to the one the president inherited.
President Donald Trump takes the oath of office on Jan. 20, 2017, in Washington, D.C.
Chip Somodevilla/Getty Images

Where's the wage growth?

Jan 10, 2020
In December, wage gains slowed from earlier in 2019, with average hourly earnings up 2.9% year over year.
Andrew Burton/Getty Images