wages

Retail Industry Faces Resignation Rate Surge Among Part-Time Workers
Retail Industry Faces Resignation Rate Surge Among Part-Time Workers
September 08, 2023  |  Retail

Turnover among part-time employees in the retail industry has reportedly skyrocketed since the pandemic. Before 2020, the turnover rate stood at around 75%. Since then,...

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Report: Walmart Pay Cuts for New Hires Reflect Cooling Job Market
Report: Walmart Pay Cuts for New Hires Reflect Cooling Job Market
September 07, 2023  |  Walmart

Walmart has reportedly begun paying some new store workers less than it would have three months ago. This change to the wage structure for hourly workers at the...

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5 Things to Know About the US Consumer as Spending Outpaces Income
5 Things to Know About the US Consumer as Spending Outpaces Income
August 31, 2023  |  Consumer Finance

We’re spending money as fast as we can make it — and even faster, it seems. The latest government release from the Bureau of Economic...

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Job Growth in U.S. Moves from ‘Exceptional’ to ‘Sustainable’
Job Growth in U.S. Moves from ‘Exceptional’ to ‘Sustainable’
August 30, 2023  |  Economy

American employers added fewer jobs than anticipated in August, according to new findings from ADP. The research group said in a news release Wednesday (Aug. 30) that private...

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Analysts: July Jobs Report Suggests Possibility of Economy’s Soft Landing
Analysts: July Jobs Report Suggests Possibility of Economy’s Soft Landing
August 04, 2023  |  Economy

Healthcare, social assistance, financial activities and wholesale trade led the country’s job gains in July. A total of 187,000 nonfarm payroll jobs were added during...

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Report: US Labor Market Remains Strong as Wage Growth Slows
Report: US Labor Market Remains Strong as Wage Growth Slows
August 02, 2023  |  Economy

American companies added 324,000 jobs last month, while wage growth slowed. That’s according to data published Wednesday (Aug. 2) by the ADP Research Institute. The bulk of the...

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Report: Hourly Wages Outpace Inflation for 1st Time Since 2021
Report: Hourly Wages Outpace Inflation for 1st Time Since 2021
July 17, 2023  |  Economy

For the first time since 2021, consumers’ wages are exceeding inflation. A report Monday (July 17) by The Wall Street Journal (WSJ) notes that inflation-adjusted average hourly...

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PYMNTS Intelligence: Leveraging Instant Payroll to Improve Employee Satisfaction
PYMNTS Intelligence: Leveraging Instant Payroll to Improve Employee Satisfaction
July 14, 2023  |  Digital Payments

The age of the biweekly pay period seems to be drawing to a close, with workers increasingly preferring to receive their wages as they earn...

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Judge Halts NYC Wage Law Opposed by Food Delivery App Firms
Judge Halts NYC Wage Law Opposed by Food Delivery App Firms
July 07, 2023  |  Gig Economy

A judge has reportedly halted a New York City minimum wage law that is opposed by app-based food delivery firms. New York State Supreme Court...

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