labor

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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Jamba Says Robotic Smoothie Kiosks Draw Repeat Customers
Jamba Says Robotic Smoothie Kiosks Draw Repeat Customers
January 20, 2023  |  ResTech

As efficiency-seeking restaurants test out automated technologies, Jamba is seeing its robotic kiosks prove promising. In an interview with PYMNTS, Geoff Henry, president of the...

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