Bank Of America Raising Its Minimum Wage To $20 An Hour
The wage increase, which will be phased in by 2021, comes as the strong economy means employers are competing to fill open positions.
Wages
U.S. Jobs Rebound To Solid Growth; Unemployment Holds At 3.8 Percent
Employers added 196,000 jobs in March, bouncing back from February's weak growth, the Labor Department said Friday. The jobless rate was unchanged at nearly 50-year lows.
FACT CHECK: Who Gets Credit For The Booming U.S. Economy?
President Trump and former President Obama both claim credit for the economy. Democrats argue that Trump inherited an economy that was already strong, while Republicans insist he turned it around.
Ben & Jerry's 'Milk With Dignity' Pact With Farmworkers Seems To Be Paying Off
Some workers say wages and living conditions have improved. Farms have also committed to providing five annual paid sick days, five paid vacation days and to meet housing health and safety standards.
U.S. Economy Added 157,000 Jobs In July; Unemployment Dips To 3.9 Percent
The economy continued to add jobs at a steady pace last month and the unemployment rate remained low. Analysts have been looking for signs that wage growth might pick up, but it held steady, too.
Solving The 'Wage Puzzle': Why Aren't Paychecks Growing?
The job market is booming and the economy is expanding. So why aren't wages keeping pace? That's the wage puzzle, and some economists and employers offer explanations they say help explain it.
Disney Says Promised Bonus Depends On Workers Signing Wage Contract
After Congress approved a cut, Disney, like some other corporations, promised bonuses for workers, but now the company says workers must agree to the wage offer on the table in contract negotiations.
Trump Falls Silent On Stock Market Slump
President Trump, who often boasted when the stock market hit record highs, has said nothing as the market enters a period of volatility.
Work Can Be Stressful, Dangerous And Sometimes Great
America's workers are subject to more physical harm and emotional stress than you might think, but many of these challenges can be mitigated by a good boss and good friends.
Wages Are Increasing, But What's Behind It?
It has taken years since the Great Recession, but wages are showing signs of climbing — though not very quickly. Economists say there are reasons to believe wage growth could continue into 2017.