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Wages

How far does $15 an hour go?

by Renata Sago
Oct 2, 2018
Amazon announces that all its employees should earn a living wage, but many still struggle at $15 an hour.
A visitor checks in at the Amazon corporate headquarters in Seattle, Washington. On Oct. 2, 2018, Amazon announced U.S. workers would receive a minimum of $15 per hour.
David Ryder/Getty Images
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White House pushes rosier wage-growth measure

by Mitchell Hartman
Sep 6, 2018
A Council of Economic Advisers report argues Americans’ inflation-adjusted compensation is rising more than wage data in the monthly jobs report show.
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More older folks are working, but maybe not their preferred job

by Janet Babin
Aug 27, 2018
The unemployment rate continues to hover around historic lows — 3.9 percent as of last month. The tight labor market has been good news for groups that often have a harder time finding jobs, like people 55 and older. Unemployment for them is even lower at 3.1 percent. The number of older Americans in the […]
A job seeker fills out an application at a senior job fair in Palatine, Illinois. 
Photo by Tim Boyle/Getty Images
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Do "superstar" companies hold down wages?

by Reema Khrais
Aug 24, 2018
This week, central bankers, finance ministers and economists from the around the world flew to the mountain resort of Jackson Hole, Wyoming. They’re there for an annual economic symposium hosted by the Federal Reserve Bank of Kansas City. One focus of this year’s event is on so-called “superstar” firms like Amazon, which is a half-million […]
An Amazon logo is seen inside the Amazon corporate headquarters on June 16, 2017 in Seattle, Washington.  
David Ryder/Getty Images
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The downsides of low interest rates

by Mitchell Hartman
Aug 21, 2018
President Donald Trump has long favored low interest rates, which are typically a boon for real estate developers. And he has criticized the Federal Reserve and the chairman he appointed, Jerome Powell, for pursuing a policy of gradual rate hikes initiated under former Fed Chair Janet Yellen. But maintaining a loose monetary policy could be […]
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Midterms: Is it the economy, stupid?

by Kimberly Adams
Aug 16, 2018
You may have heard this phrase: “It’s the economy, stupid. ” And it usually is. Parties in power tend to do better when the economy is humming along, and voters are more likely to give them the boot when the economy’s not doing so hot. With low unemployment, a booming stock market and strong growth, […]
U.S. President Donald Trump speaks during a rally at the Nashville Municipal Auditorium, May 29, 2018 in Nashville, Tennessee. 
Drew Angerer/Getty Images
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Consumer price index released as inflationary pressures increase

by Scott Tong
Aug 10, 2018
New inflation numbers were released Friday morning, and it’s a curious thing: the economy is going strong and consumers are spending, which tends to push prices up. And yet, we haven’t seen all that show up in the inflation numbers yet. Click the audio player above to hear the full story. 
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U.S. employers add 157,000 jobs in July, while jobless rate hits 3.9 percent

by Associated Press
Aug 3, 2018
Average hourly pay gains remained modest, increasing 2.7 percent from a year earlier.
Attendees at the Los Angeles International Airport (LAX) Job Fair for Veterans.
FREDERIC J. BROWN/AFP/Getty Images
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For some workers, big pay raises. Others, not so much.

by Mitchell Hartman
Aug 3, 2018
Bank tellers, truck drivers and bartenders are among those in high demand.
Commuters make their way through Grand Central Terminal during evening rush hour in New York City.
Andrew Burton/Getty Images
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Labor Department says U.S. workers are making more and getting better benefits

by Reema Khrais
Jul 31, 2018
But are you feeling it? We took it to the streets to find out.
Passengers board Metro Rail subway trains during rush hour in Los Angeles, California.
David McNew/Getty Images
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