[ad_1] Fast food wage increase goes into effect next week Fast food wage increase goes into effect next week 02:30 Starting Monday, most California fast-food workers will earn at least $20 an hour — the highest minimum wage across the U.S. restaurant industry. Yet the pay hike is sparking furious debate, with some restaurant owners … Read more
[ad_1] Some people go into fields like medicine or engineering in hopes of earning top dollar. But there’s another way to earn six figures: become a store manager at Walmart. The world’s largest retailer announced this week that it is raising managers annual salary to $128,000, up 9% from $117,000 per year in 2023. Managers … Read more
[ad_1] 2023 a mixed bag for Wall Street, U.S. economy – CBS News Watch CBS News It has been a blockbuster year for investors, with the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all up with double-digit gains. However, the Federal Reserve battled the worst inflation in decades with several rate … Read more
[ad_1] Flurry of minimum wage hikes could bring unintended consequences, economists warn – CBS News Watch CBS News Twenty-five states and dozens of U.S. cities are planning minimum wage increases in 2024, including California, which will boost minimum wage for fast-food workers to $20 per hour beginning Jan. 1. This week, Pizza Hut announced that … Read more
[ad_1] New Jersey minimum wage to increase in new year New Jersey minimum wage to increase in new year 00:33 Higher minimum wages will go into effect on January 1 across 22 states, giving an economic boost to almost 10 million workers, according to a recent estimate. The higher baseline wages will deliver almost $7 … Read more
[ad_1] California minimum wage for fast food workers will be $20 in 2024 California minimum wage for fast food workers will be $20 in 2024 00:22 Millions of workers nationwide could be in line for a pay hike next year, with half of U.S. states planning to boost their minimum wages in 2024. The increases … Read more
[ad_1] Starbucks said it will boost wages for its hourly employees by at least 3%, with the increases going into effect January 1. The Seattle-based coffee chain’s wage hike comes amid its plan to double its employees’ hourly incomes by the end of 2025, compared with 2020, through more hours and higher pay, according to … Read more
[ad_1] New bill aims to increase minimum wage for California fast food workers New bill aims to increase minimum wage for California fast food workers 02:19 Most of California’s 500,000 fast-food workers would be paid at least $20 per hour next year under a new bill aimed at ending a standoff between labor unions and … Read more
[ad_1] Starting in July, food delivery workers in New York City will make nearly $18 an hour, as New York becomes the nation’s first city to mandate a minimum wage for the app-based restaurant employees. Delivery apps would be required to pay their workers a minimum of $17.96 per hour plus tips by July 12, … Read more
[ad_1] When it comes to low-wage jobs, not all industries are created equal. Being employed in the fast-food industry is the surest way to end up in poverty as a low-wage earner, a new study finds. A new study conducted in California by the nonprofit group Economic Roundtable has reinforced previous findings that the fast-food industry … Read more