The latest data on jobs and wages are positive on the surface, but a large group of voters are still downbeat about the state of the economy.
Category: Wages and Salaries
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How Nevada Is Pushing to Generate Jobs Beyond the Casinos
Chastened by a series of economic downturns that punished the hospitality industry, state leaders are working to broaden the economy.
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Why Are Americans Wary While the Economy Is Healthy? Look at Nevada.
Economic shocks over two decades, combined with reliance on volatile casinos, have undermined confidence despite an economy that’s bustling.
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Job Market Starts 2024 With a Bang
U.S. employers added 353,000 jobs in January, far exceeding forecasts, and revised figures showed last year was even stronger than previously reported.
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German Airport Security Screeners’ Walkout Grounds Flights
An expected 200,000 passengers were expected to be affected by the action at 11 major airports, the latest show of labor unrest in Germany.
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Elon Musk’s Tesla Pay Package Is Struck Down by Judge
Shareholders had sued, arguing that Mr. Musk’s compensation — which helped make him the world’s richest person — was excessive.
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UPS to Cut 12,000 Jobs as Wages Rise and Package Volumes Fall
After what the company called a “difficult and disappointing” 2023, UPS said the cuts would save $1 billion this year.
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Walmart Offers Store Managers Company Stock to Make Them Feel Like ‘Owners’
The retailer has been raising wages for store associates. It’s now turning its attention to improving salaries and benefits for their bosses.
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Economists Predicted a Recession. So Far They’ve Been Wrong.
A widely predicted recession never showed up. Now, economists are assessing what the unexpected resilience tells us about the future.
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German Rail Workers Strike Over Pay and Hours
The walkout, one of the most significant to hit the country’s train service in years, is expected to affect long-distance and commuter travel nationwide.
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How One DEI Initiative Changed Course With the Times
Amid a fresh backlash against D.E.I. efforts, OneTen met resistance as a program for Black workers only. It has shifted its emphasis to “equity for all” and a more hands-on approach.