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Here are 5 ways fast-food restaurants in California are cutting costs to cover the new minimum wage
California fast-food franchisees say they're desperate to find ways to remain profitable and offset…
Grace Dean
Fast-food restaurants in California are laying off workers to prepare for the $20 minimum wage hike
Two Pizza Hut franchisees in California are among those who are laying off workers, federal WARN fi…
Grace Dean
Franchisees say it's them, not big corporations, who are the real losers of California's $20 fast-food wage
The $20 minimum wage for fast-food workers applies to both corporate-owned restaurants and franchis…
Grace Dean
Chipotle says it's going to hike prices to help pay for new $20 per hour wage hike for workers in California
A new bill will raise California fast-food workers' minimum wages to $20. Chipotle separately just …
Grace Dean
Even Xi Jinping admits China has a painful road ahead despite his new stimulus
"We must ready ourselves for danger, and prepare for rainy days," Xi said as he spoke of China's co…
Matthew Loh
Gov. Newsom argues Panera is not exempt from California's wage increase after backlash over a franchisee owner's campaign donations
Gov. Gavin Newsom is getting heat because Panera franchise owner Greg Flynn is a campaign donor.
Ana Altchek,Dominick Reuter
The shadowy new way employees are cheating their way to the top
Across the globe, a wave of workers are secretly outsourcing parts or all of their jobs.
Rob Price
One in four organizations plan to make variable a part of the wages
Around 25% of the organizations are planning to include variable pay in the wage definition. One ou…
The new jobs report was great. But maybe don't go looking for a new gig just yet.
The latest jobs report had lots of good news for the labor market. Workers are in a great spot, but…
Emily Stewart
80% of Americans think the federal minimum wage is too low, new poll finds
A new poll from Amazon/Ipsos found that 2 out of 3 respondents with an opinion on the topic support…
Ayelet Sheffey,Juliana Kaplan
A recession could end the Great Resignation and cut workers' bargaining power, warn business leaders at Davos
Employees have been using pandemic upheaval to demand higher wages and better conditions, but an ec…
Spriha Srivastava,Stephen Jon…
ChatGPT creator says AI advocates are fooling themselves if they think the technology is only going to be good for workers: 'Jobs are definitely going to go away'
Sam Altman, OpenAI CEO and creator of ChatGPT, has said it'd be "crazy not to be a little afraid of…
Jacob Zinkula
Gen Z is the new threat to the American college experience
Just 39% of Gen Z said advancing their education is important to them. It means colleges are at ris…
Ayelet Sheffey
Meet a 25-year-old trucker who says there's 'not a trucker shortage, it's a pay shortage'
Clayton Atkins said trucker is a "last resort" career for young people. He thinks the starting wage…
Juliana Kaplan
Retail giants like McDonald's and Walmart stopped fighting a $15 minimum wage. Here are 3 of the new battlegrounds.
The new battlegrounds include tipped minimum wage, joint employment, and opposing "hero pay" regula…
Kate Taylor
The July jobs report ends the myth of a 'damaging' labor shortage, former Obama economist says
Yes, wages are up, but so is hiring. That's why this isn't the kind of labor shortage to worry abou…
Juliana Kaplan,Joseph Zeballo…
600 years ago a king tried to deny a post-pandemic labor shortage was real — and it ended up killing hundreds of people
The labor shortage after the Black Death gave workers power. A new book shows how the king tried to…
Jason Lalljee
A $15 minimum wage would lift millions out of poverty with 'limited negative effects' on aggregate income, Morgan Stanley says
The bank report saw "substantial" benefits from lifting millions out of poverty via an increased mi…