labor

Small Business Owners’ Optimism Rises, but Inflation Remains a Problem
Small Business Owners’ Optimism Rises, but Inflation Remains a Problem
June 11, 2024  |  Economy

Small business owners are more optimistic than they’ve been throughout 2024 but they remain less optimistic than they have been historically. The NFIB Small Business...

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Job Creation Slows Amid Big Cuts in Manufacturing
Job Creation Slows Amid Big Cuts in Manufacturing
June 05, 2024  |  Economy

Job creation in the U.S. is demonstrating signs of slowing as wages remain flat. That’s according to the monthly report on private sector employment released...

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Job Openings Slip 4.8% in April, Signaling Cooler Labor Market
Job Openings Slip 4.8% in April, Signaling Cooler Labor Market
June 04, 2024  |  Economy

The number of job openings in the United States declined by 4.8% in April. There were 8.1 million job openings available on the last business...

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Square: Restaurant Worker Pay Jumps 66% in 7 Years
Square: Restaurant Worker Pay Jumps 66% in 7 Years
May 14, 2024  |  ResTech

Labor costs continue to weigh on restaurants, according to a new report by Square. The point-of-sale payments company’s Quarterly Restaurant Report, released Tuesday (May 14) notes...

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Initial Claims for Unemployment Unchanged, Signaling ‘Fairly Tight’ Labor Market
Initial Claims for Unemployment Unchanged, Signaling ‘Fairly Tight’ Labor Market
May 02, 2024  |  Economy

The number of initial claims for unemployment insurance held steady during the week ending on Saturday (April 27). The total of 208,000 initial claims was...

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U.S. Labor Costs Grow as Workers’ Wages Climb
U.S. Labor Costs Grow as Workers’ Wages Climb
April 30, 2024  |  Economy

American labor costs rose more than anticipated last quarter, new government data shows. The Employment Cost Index (ECI), a measure of wages and benefits, climbed 1.2%...

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Robo-Forklifts Rev Up Walmart’s Warehouses
Robo-Forklifts Rev Up Walmart’s Warehouses
April 25, 2024  |  Walmart

In Walmart’s sprawling distribution centers, a quiet change is underway. The retail behemoth is preparing to deploy a fleet of 19 autonomous electric forklifts across four of its facilities, marking a...

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Uber, Lyft to Exit Minneapolis After Minimum Wage Vote
Uber, Lyft to Exit Minneapolis After Minimum Wage Vote
March 15, 2024  |  Ridesharing

Uber and Lyft will reportedly halt their operations in Minneapolis after the city council voted to require that drivers be paid a minimum wage of...

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Report: Figure AI to Raise $675 Million for Human-Like Robots
Report: Figure AI to Raise $675 Million for Human-Like Robots
February 23, 2024  |  Investments

Figure AI, a startup developing human-like robots, is reportedly in the process of raising $675 million in funding, with a pre-money valuation of roughly $2...

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