United Airlines’ Inflation Warning – WSJ

While Federal Reserve economists have retired their line that inflation is transitory, they’ve continued to downplay the risk of a wage-price spiral. We wonder what they call the 14.5% raise that United Airlines agreed last week to give its pilots through the end of next year. Anyone who’s flown recently knows they had better check … Read more

What to Watch as the Tightest Job Market in Decades Starts to Loosen

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Apple Boosting Pay Budget for Workers Amid Tight Labor Market

Apple is boosting pay for workers amid rising inflation, a tight labor market and unionization pushes among hourly store employees. The iPhone maker on Wednesday told employees in an email that the company is increasing its overall compensation budget. Starting pay for hourly workers in the US will rise to $ 22 an hour, or … Read more

Lift to Pause Some Hiring and Trim Budgets, Citing Economic Slowdown

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/lyft-to-pause-hiring-and-reduce-budgets-to-reduce-costs-as-shares-plunge-amid-investor-concerns-11653426208

Tight Labor Markets Will Keep Pressure on Wages — and the Fed

Text size A “help wanted” sign is displayed in a Manhattan store in New York City. Spencer Platt / Getty Images About the author: Andrew J. Patterson is a senior international economist in Vanguard’s Investment Strategy Group Contrary to popular wisdom, quitters are winning right now. Or at least, they’re winning significantly higher wages than … Read more

New York City Companies Prepare to Put Pay Ranges on Job Listings

New York City employers are hustling to figure out what to do about impending salary-disclosure rules, while hoping for a delay. A sweeping pay-disclosure law requiring nearly all companies operating in the city to include pay ranges on job postings is set to take effect in under a month. With the deadline approaching, employers have … Read more

Starbucks Prepares to Expand Worker Benefits That Might Exclude Unionized Staff

Starbucks Chief Executive Howard Schultz is ramping up the company’s campaign against a unionization push in its US stores, saying new benefits being developed for chain employees legally can not be extended to unionized locations. In an online forum with US store leaders this week, Mr. Schultz said he is reviewing the company’s benefits to … Read more

The ‘best-paid’ internship in America pays almost $ 10,000 a month – and even allows you to work remotely

Are you looking for work experience? Silicon Valley companies are competing for tech interns. The careers website Glassdoor this week released its annual 25 Best-Paid Internships in America report for 2022. With falling unemployment and rising wages, and so many workers on the move as we enter year three of the pandemic, it makes for … Read more

The US jobs market is scorching hot. Here’s where the flames are highest

Surging inflation, high gas prices and the war in Ukraine has made Americans more pessimistic, but the hottest labor market in decades shows the US economy is still booming. The US added 431,000 new jobs in March and the unemployment rate fell to 3.6%, reflecting widespread hiring and an increasing number of people willing to … Read more

Amazon Board Approves 20-for-1 Stock Split, $ 10 Billion Share Repurchase

Amazon. AMZN 2.40% com Inc.’s board on Wednesday approved a 20-for-1 stock split and authorized the e-commerce giant to repurchase up to $ 10 billion of the company’s common stock. An Amazon spokeswoman said the split will make the split-adjusted share price more accessible to potential investors and will allow employees more flexibility in how … Read more