Stay updated with breaking news from ராபர்ட் வாலெட்டா. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Companies facing the US labor shortage are simply deciding to pay workers more. Average wages rose $0.15 in May. Together, the April-May jump is the largest since 1983. Job openings sit at record highs, and Americans are demanding higher pay before rejoining the workforce. For more than two months, businesses have faced difficulties in hiring. Data published Friday suggests employers are picking the simplest solution: paying workers more. Average hourly earnings jumped $0.15 in May to $30.33, the Bureau of Labor Statistics said in its monthly jobs report. The increase is roughly twice as large as those seen before the pandemic and follows a $0.21 gain in April. ....
$300 Unemployment Benefit Has 'Small, But Noticeable' Effect On Labor Shortage, Fed Paper Finds forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
The Fed paper found the $300 weekly benefit affected employers' perception of a labor shortage more than it actually led workers to reject job offers. ....
CLICK “CONTINUE READING” FOR MORE! Vanderpump Rules reunion and things get heated between Scheana and Shay, so much so that Lisa Vanderpump intervenes in the conversation. She asks Scheana, “Have you spoken to Shay at all?” and Scheana said, “I haven’t seen him since we filmed.” Lisa also said, “Well, I would have had a prenup if I would have been married to Shay, let’s be honest,” which makes me think they address those “claims” that Shay cleared out Scheana’s bank accounts and ran away… which they adamantly denied at the time. Poor Scheana said, “I had nothing to lose at the time.” ....