Even though the U.S. economy is beginning to recover from the pandemic, some companies still aren’t paying suppliers on time, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
It may be time to retire the used car salesman jokes, at least for a while. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Many restaurant operators turned to apps or app-based delivery services to keep their kitchens busy during the pandemic. With eateries reopening, CNBC reported, restaurant operators have turned to apps to address what, in some places, has been the desperate pursuit of staff. Get the Full...
Total nonfarm payroll employment rose by 559,000 jobs in May, and the unemployment rate fell from 6.1 percent to 5.8 percent, according to a report from the Bureau of Labor Statistics (BLS) on Friday (June 4). The May increase beat April’s disappointing numbers, which saw an adjusted 278,000...
Employment in the private sector expanded by 978,000 in May, far surpassing April’s 654,000 with the biggest gain since June 2020, according to the ADP National Employment Report on Thursday (June 3). Overall, services were responsible for adding 850,000 jobs and goods-producing sectors gained 128,000...
New weekly jobless claims dropped again for the fifth consecutive week to a 14-month low of 385,000, a decrease of 20,000 for the week ending May 29, according to the weekly report from the U.S. Bureau of Labor Statistics (BLS) on Thursday (June 3). Get the...
The Federal Reserve said Wednesday (June 2) that the U.S. economy grew at a moderate clip between early April and late May, according to the central bank’s Beige Book, which covers economic conditions throughout its 12 districts. Get the Full Story Complete the form to...
The U.S. Chamber of Commerce is launching America Works, an initiative dedicated to addressing the nationwide labor shortage that is now reaching crisis-level proportions as the world reopens post-pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Travel in the U.S. showed signs of returning to normal levels this Memorial Day weekend, even though celebrations were muted by the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
