UK jobs market cools again as wage growth slows | Economics
British wage growth slowed to its lowest level in two years in May due to a weakening jobs market, highlighting the challenges for the Bank of England as policymakers consider whether to cut interest rates. The numbers are UK Office for National Statistics The ONS said annual wage growth slowed to 5.7 percent in the […]
Dirty Jobs’ Star Mike Rowe Just Totally Debunked the Argument for a $15 Minimum Wage
Estimated Reading Time: 3 minutes Rowe knows the value of hard work, so it’s worth taking his recent warning on minimum wage hikes seriously. Mike Rowe knows the value of hard work. The former star of “Dirty Jobs” gained notoriety for the Discovery Channel program, which featured him going undercover at some of the toughest […]
NYC food-delivery workers losing jobs after minimum wage hike: report
New York City’s minimum wage hike has boosted pay for food delivery workers who have managed to stay employed, but city officials report that thousands have lost their jobs as the cost of delivering meals has skyrocketed. A report from New York City’s Department of Consumer and Workforce Protection said pay has increased substantially due […]
Wendy’s, Jersey Mike’s franchise owners slash hours, jobs to offset labor costs from California’s new $20 minimum wage
Wendy’s and Jersey Mike’s franchise owners in California have cut hours and staff to offset higher labor costs caused by the state’s new $20 minimum wage. Lawrence Chen, who owns seven Wendy’s franchises with his family in Southern California, said he has not only cut his hours but also helped fill shifts at his burger […]