In the United States, it is conventional wisdom that wages have stagnated for decades. A few examples to illustrate the point: In a recent story in “The New York Times’s” Business section, an article ...

With many Americans worried about prices, it’s worth looking at whether workers’ wages have been rising quickly enough to ...

This article first appeared in the Planet Money newsletter. You can sign up here. This is Part 2 of the Planet Money newsletter's series on "monopsony power." The first story centered on the labor ...

2022 has been a year where inflation has seriously eaten into or even totally diminished any salary increases workers might have received. For people in some countries, this scenario has actually been ...

Radical and rising economic inequality is no secret — and now, neither is its cause. New research from the Economic Policy Institute shows that the massive upward redistribution of income our nation ...

Yet, for many Americans, it doesn’t feel that way. A closely watched Index of Consumer Sentiment, published by the University of Michigan, fell to 67.8 in February, its lowest mark since last summer.

California’s new fast food law is expected to lead to a higher minimum wage for the industry in the state – as high as US$22 in 2023, up from $15 as of September 2022. While backers say the law is ...

SEATAC, Wash. -- The city of SeaTac could provide a window into what the minimum wage increase will mean for employers and employees in Seattle. It's been requiring a small section of the hospitality ...

Alleviating poverty and helping youth took top billing in Mayor Mary Sheffield's first proposed budget, released Monday. Why it matters: The $1.6 billion general fund budget proposal — $3 billion ...