labor

Pay Growth Slows As Workers ‘Come Off the Sidelines’

Pay Growth Slows As Workers ‘Come Off the Sidelines’
Pay Growth Slows As Workers ‘Come Off the Sidelines’
May 03, 2023  |  Economy

Private employers went on a hiring spree in April but were less quick to raise wages. That’s according to ADP’s monthly National Employment Report, which...

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IBM Freezing Hiring for Roles AI Could Replace
IBM Freezing Hiring for Roles AI Could Replace
May 02, 2023  |  Artificial Intelligence

IBM is reportedly planning to suspend hiring for jobs artificial intelligence (AI) could someday do. In an interview Monday (May 1) with Bloomberg News, CEO...

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Generative AI Shows Potential to Increase Productivity: Study
Generative AI Shows Potential to Increase Productivity: Study
April 24, 2023  |  Artificial Intelligence

A new study suggests the potential of generative artificial intelligence (AI) to increase workplace productivity. The study — conducted by researchers at Stanford University and...

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Workers’ Earnings Growth Exceeds Inflation for First Time in 2 Years
Workers’ Earnings Growth Exceeds Inflation for First Time in 2 Years
April 18, 2023  |  Economy

U.S. workers’ median weekly earnings have grown faster than inflation over the last year. The usual weekly earnings of full-time wage and salary workers in...

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Report: Generative AI Could Automate 25% of US Jobs
Report: Generative AI Could Automate 25% of US Jobs
March 28, 2023  |  Artificial Intelligence

Advances in artificial intelligence (AI) could eventually impact 300 million jobs worldwide. That’s according to new research released Monday (Mar. 27)  by Goldman Sachs, which...

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Court Rules Uber and Lyft Drivers Are Contractors
Court Rules Uber and Lyft Drivers Are Contractors
March 14, 2023  |  Ridesharing

Uber and Lyft have landed a victory in their battle to treat drivers as contractors. In a ruling issued Monday (Mar. 13), California’s 1st District...

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30% of US Construction Firms Invest in Digital Payments Amid Housing Slump
30% of US Construction Firms Invest in Digital Payments Amid Housing Slump
March 02, 2023  |  Digital Payments

Construction firms facing lower housing starts and rising mortgage rates that are turning off potential home buyers are increasingly turning to digital payment solutions as...

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Inflation Prompts Renewed Focus on Restaurant Technology
Inflation Prompts Renewed Focus on Restaurant Technology
February 27, 2023  |  ResTech

As food prices rise, restaurants are being challenged to digitize or face mounting costs. In an interview with PYMNTS, Tim McLaughlin, CEO of Arlington, Virginia-based...

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