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.
Category: Wages and Salaries
-
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.
-
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.
-
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.
-
How TV Writing Became a Dead-End Job
The writers say Hollywood studios are increasingly limiting their roles in television productions, highlighting a trend for white-collar workers.
-
College Graduates Share Their Feelings on Finding Jobs
“In college I was looking forward to becoming an adult, and now I’m here and it’s horrible.” Seventeen 2023 graduates show and tell us how they feel about entering the work force.
-
As Sunak Makes His Case to Britons, the Economy Undermines It
Britain’s stubbornly high inflation rate has come to symbolize a deeper economic malaise — a morass of problems, some new, others longstanding, that are stymying Prime Minister Rishi Sunak.
-
Actors and Hollywood Studios Are ‘Far Apart’ on Key Issues
The actors’ union and the organization that bargains on behalf of the studios traded statements underscoring how much work needs to be done to reach an agreement.
-
Saquon Barkley and Giants Cannot Agree to Long-Term Deal
The team and Barkley, a two-time Pro Bowl running back, missed an N.F.L. deadline Monday with training camp just over a week away.
-
Jerome Powell’s Prized Labor Market Is Back. Can He Keep It?
The Federal Reserve chair spent the early pandemic bemoaning the loss a strong job market. It roared back — and now its fate is in his hands.
-
Women’s Golf, and Its Players, Sees Rise in Money
Prize money has been growing, and players are landing sponsors. “Elevating purses continues to elevate everyone,” said the L.P.G.A. commissioner.
-
United Auto Workers Open Contract Talks in Detroit
The U.A.W., with a more confrontational leader, aims to win back wage and benefit concessions and insulate jobs from the rise of electric vehicles.