The end of the payment pause means Americans in this age group will once again have to juggle paying off debt while trying to save for older age.
Category: Wages and Salaries
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Is More Job Hopping Among Younger Workers a Good Thing?
Repeatedly switching jobs has long been a red flag for employers. That’s changing as Gen Z and younger Millennials embrace the upsides, but downsides persist.
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Yellow, the Freight-Trucking Company, Declares Bankruptcy
A pandemic-era lifeline that the Trump administration predicted would turn a profit for the federal government failed to keep Yellow afloat.
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Automakers Face a Labor Showdown as the E.V. Era Looms
The United Auto Workers leader vowed to be tougher than his predecessors in contract talks. His initial demands attach big numbers to that promise.
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Is Good News Finally Good News Again?
Economists had been wary of strong economic data, worried that it meant inflation might stay high. Now they are starting to embrace it.
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Meryl Streep and George Clooney Lead Donation Campaign for Striking Actors
The stars, joined by celebrities like Matt Damon and Oprah Winfrey, helped raise more than $15 million over the past three weeks.
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To Keep TV Shows Afloat, Some Networks Are Cutting Actors’ Pay
In a shrinking business, actors on some shows are being guaranteed less money, an issue that’s helping to fuel the Hollywood strike.
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Wage Growth Slowed in Second Quarter, a Sign the Economy is Cooling
Pay and benefits increased 1 percent, down from 1.2 percent in the first three months of the year. The cooling will be welcomed by policymakers who have been worried that rapidly rising wages could make it harder to get inflation under control.
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UPS Reaches Contract Deal With Teamsters to Head Off Strike
United Parcel Service faced a potential walkout by more than 325,000 union members when their five-year contract expired next week.
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UPS Contract Talks Go Down to the Wire as a Possible Strike Looms
With the Teamsters contract set to expire Aug. 1, pay for part-time workers is a major hurdle. A walkout could rattle the U.S. economy.
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Airlines Are Thriving as People Keep Traveling
Three large U.S. airlines have reported strong quarterly sales and profits in recent days because of strong demand, high fares and relatively low fuel prices.