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Wages have outpaced inflation since 2020 but many consumers still feel burdened by prices

Wed, 07/24/2024 - 05:57

Tech Insider : Economy, Economy

A photo shows a woman in a grocery store in the fruit aisle. — Over a third of American workers say they live paycheck to paycheck.
SDI Productions/Getty Images

economy, finance, economy, Inflation, consumer, Wages

America is on the brink of an unemployment fiasco

Thu, 07/11/2024 - 05:41

Tech Insider : Economy

Photo illustration of a desk on a cliff's ledge. — Unless the Federal Reserve starts to cut interest rates, the recent increase in unemployment is going to get worse.
Getty Images; Jenny Chang-Rodriguez/BI

economy, Discourse, Careers, job, job-market, bi-illustration, bi-graphics

Costco's hourly workers are getting a raise — read the CEO's memo

Wed, 07/10/2024 - 09:38

Tech Insider

A Costco warehouse in Wisconsin. — Costco's starting hourly wage for many positions is now $19.50.
Dominick Reuter/Business Insider

Retail, Careers, Costco, Wages, retail-workers

Gen Zers are relying on the Bank of Mom and Dad way past college

Sun, 07/07/2024 - 06:07

Tech Insider : Economy

Illustration of parents holding up a bridge for their child. — Parents are financially supporting their adult children well into their 20s. In a tough economy, Mom and Dad are the new safety net.
Rob Dobi for BI

economy, Real Estate, Parenting, Discourse, gen-z, Parents, adult-children

California put up its fast-food wage to $20. Its governor is adamant it's not causing employment to fall.

Fri, 07/05/2024 - 06:39

Tech Insider : Economy, Politics

Gavin Newsom — California raised its minimum wage for staff at quick-service restaurant chains to $20.
AP Photo/Rich Pedroncelli

economy, politics, California, ab-1228, gavin-newsom, fast-food, restaurants

As high-paying jobs become harder to get, more Americans are looking to Uber and Lyft for extra income

Tue, 05/07/2024 - 06:03

Tech Insider : Economy, Economy

uber lyft driver — New Bank of America Institute data reveals gig driving continues to get more popular.
Jeffrey Greenberg/Universal Images Group via Getty Images

economy, finance, economy, Careers, Uber, Lyft, Rideshare

How much the typical worker makes at 19 retailers, from Amazon to Walmart

Mon, 05/06/2024 - 08:26

Tech Insider

Packages of steaks at a Costco store — Costco pays better than any other major retailer.
Justin Sullivan/Getty Images

Retail, Careers, Retail, Wages, minimum-wage, fight-for-15, partner-story

It's getting really hard to find a job that pays well

Fri, 05/03/2024 - 14:13

Tech Insider : Economy, Economy

Snail with a tie and briefcase — Science Photo Library/Getty, Neziha Kalı Ertuğrul/Getty, Yevgen Romanenko/Getty, Tyler Le/BI

economy, Markets, economy, Hiring, Jobs, job-market, job-market-outlook

Fast-food franchisees in California fear they'll lose customers to Chili's and Applebee's as prices soar over $20 wage

Sun, 04/14/2024 - 17:42

Tech Insider

Signs for casual dining and fast food restaurants are seen along U.S Route 11 in Bloomsburg PA — Fast-food franchisees in California are raising prices to offset the state's new $20 wage.
Paul Weaver/SOPA Images/LightRocket via Getty Images

Retail, fast-food, California, minimum-wage, ab-1228, trending-uk, jack-in-the-box

Here are 5 ways fast-food restaurants in California are cutting costs to cover the new minimum wage

Wed, 04/03/2024 - 06:47

Tech Insider : Economy

A view of McDonald's, on Crenshaw Blvd. in south Los Angeles Friday, March 29, 2024 — McDonald's.
Allen J. Schaben/Los Angeles Times via Getty Images

Retail, economy, California, fast-food, restaurants, Wages, Employment

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