wages

Instant Pay May Aid Nursing Recruitment During Shortage
Instant Pay May Aid Nursing Recruitment During Shortage
April 24, 2023  |  Payment Methods

Hospitals and other healthcare-related facilities are turning to gig economy apps to fill gaps in their nursing staff. This employment crunch began in 2020 and 2021 as a direct...

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Instant Wage Payouts Could Aid Employers as Workers Eye Better-Paying Jobs
Instant Wage Payouts Could Aid Employers as Workers Eye Better-Paying Jobs
April 19, 2023  |  Faster Payments

Wage growth is still on the rise despite the recently cooling job market, leading some employers to turn to pay-related “perks” in order to retain...

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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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Bank of America Sees Slowing Credit and Debit Card Spend
Bank of America Sees Slowing Credit and Debit Card Spend
April 12, 2023  |  Economy

Household credit and debit card spending increased 0.1% in March compared to a year earlier. That is the slowest pace of card spending growth seen...

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Wage Growth Signals Pain Ahead for Main Street’s Small Businesses
Wage Growth Signals Pain Ahead for Main Street’s Small Businesses
April 07, 2023  |  Economy

For Main Street small businesses, the margin pressure will continue. Government data on the labor market released Friday (April 7) show that U.S. hiring backed...

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Hospitality and Finance Sectors Lead February Job Growth
Hospitality and Finance Sectors Lead February Job Growth
March 08, 2023  |  Economy

Private employers added 242,000 jobs in February, led by the hospitality and finance sectors. Those industries saw growth of 83,000 and 62,000 jobs, respectively, while...

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Deal Chasing Becomes Mainstream — and Merchants Shouldn’t Be Happy
Deal Chasing Becomes Mainstream — and Merchants Shouldn’t Be Happy
March 06, 2023  |  Consumer Finance

American consumers remain pessimistic about the economy despite recent positive indicators. Consumers still expect elevated inflation rates for the foreseeable future, even as inflation has...

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Home Depot CEO Says Contractor Spend Remains Strongest Business Line
Home Depot CEO Says Contractor Spend Remains Strongest Business Line
February 21, 2023  |  Earnings

For the first time since 2019 The Home Depot missed Wall Street’s revenue expectations. This, as the home improvement retailer provided a muted outlook to...

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Restaurants Partner With Kroger and Other Grocers to Boost off-Premise Sales
Restaurants Partner With Kroger and Other Grocers to Boost off-Premise Sales
January 27, 2023  |  Restaurant Roundup

This week in restaurants, eateries expand to grocery stores, add ghost kitchens and face regulations. Throughout the last couple of years, restaurants have been seizing...

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