Workers are receiving the fattest wage increases since the Great Recession as employers struggle to find enough people to fill their ranks and employees have more leverage to demand higher pay and jump to better jobs. Wages grew 3.4% in the past year, the government reported Friday, the fastest...

Topics:  great recession   workers   jobs   demand higher pay   
BING NEWS:
  • Texas power demand to break May record in heat wave on Friday
    Power use in Texas was on track to break the record for the month of May on Friday for a second time this week and could top that again over the Memorial Day weekend as homes and businesses crank up ...
    05/23/2024 - 8:11 am | View Link
  • “I am seething with anger”: A decade of stagnation in rural wages
    Even as India’s economic growth has been high, real rural wages have stagnated for the last ten years, defying global economic trends and putting a question mark over the quality of growth.
    05/22/2024 - 1:29 pm | View Link
  • Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy
    The state's grid operator, the Electric Reliability Council of Texas (ERCOT), predicted demand would jump from 57,486 megawatts on Friday to 71,893 MW on Monday, 72,725 MW on Tuesday, and 74,346 MW on ...
    05/18/2024 - 6:49 am | View Link
  • Ask an expert: What structural problems killed the ghost kitchen?
    Despite failed pioneers and industry consolidation, the ghost kitchen model could rise again as shifting real estate market conditions make them more attractive, says Alon Langstein, counsel at ...
    05/17/2024 - 4:38 am | View Link
  • Hotel workers plan May Day rally in 18 cities to demand pay hikes after pandemic cuts
    Thousands of unionized hotel workers plan to stage a rally in nearly 20 cities on May 1 to demand significant pay raises ahead ... picket and rally on May 1 for higher wages.
    04/29/2024 - 6:55 am | View Link
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