wages

Consumer Sentiment on Personal Finances Dips Due to Inflation
Consumer Sentiment on Personal Finances Dips Due to Inflation
June 14, 2024  |  Consumer Insights

In 2024, a few key concerns bubble consistently to the top of the list for the paycheck-to-paycheck economy. The PYMNTS Intelligence report “New Reality Check:...

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Yellen: US Labor Market Has Become ‘More Normal’
Yellen: US Labor Market Has Become ‘More Normal’
June 13, 2024  |  Economy

America’s job market is starting to resemble its pre-pandemic self, says Treasury Secretary Janet Yellen. Speaking to CNBC Thursday (June 13), Yellen also noted that cooling...

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CloudPay Offers Workers Instant Payslip Access
CloudPay Offers Workers Instant Payslip Access
June 10, 2024  |  Payroll

Payroll solutions company CloudPay has introduced in-app digital payslip functionality. “Accessed via the employee experience app CloudPay NOW, the new capability allows employees to seamlessly...

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Job Creation Slows Amid Big Cuts in Manufacturing
Job Creation Slows Amid Big Cuts in Manufacturing
June 05, 2024  |  Economy

Job creation in the U.S. is demonstrating signs of slowing as wages remain flat. That’s according to the monthly report on private sector employment released...

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Consumers Increasingly Expect Growth in Public Assistance Programs
Consumers Increasingly Expect Growth in Public Assistance Programs
May 28, 2024  |  Consumer Insights

Consumers are more likely to expect an expansion of public assistance programs than they were a year ago. Among the programs about which they have...

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DailyPay COO Stacy Greiner to Serve as Interim CEO
DailyPay COO Stacy Greiner to Serve as Interim CEO
May 28, 2024  |  Personnel

DailyPay CEO Kevin Coop will step down from that position to pursue other endeavors and serve as a board advisor for the company. The WorkTech...

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Shoppers Dig Into Their Savings to Afford Essentials, Not Nice-to-Haves
Shoppers Dig Into Their Savings to Afford Essentials, Not Nice-to-Haves
May 24, 2024  |  Retail

Among consumers who expect to have to dip into their savings this year, most expect to do so to afford items and services they need, rather than to treat...

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Steep Hospital Costs Help Inflation Persist
Steep Hospital Costs Help Inflation Persist
May 16, 2024  |  Economy

American medical care costs have gone up, and that’s reportedly helped inflation remain high. Hospital prices climbed 7.7% between April 2023 and April 2024, the biggest monthly increase...

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93% of Truck Drivers Want Instant Payments
93% of Truck Drivers Want Instant Payments
May 15, 2024  |  Faster Payments

Truck drivers help keep the supply chain functioning, but the turnover rate is high in the industry — a reality that can have ripple effects...

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