It’s a natural reflex, part of human nature: When the pressure’s on, we look to a solution. For consumers living paycheck to paycheck, the prospect of moving on to the next job, with the promise of better wages or better job security, might be a...
Monday (Oct. 7) marked a double dose of economic data that provided a continued diet of mixed signals. First up, the Federal Reserve’s latest data on consumer credit showed an overall slowdown in the annualized gain for credit overall in August, ratcheting down to a 2.1%...
Monday (Sept. 9) offered up a snapshot of consumer sentiment on where inflation is headed, their overall feelings about managing a mounting debt load, and where and how they’re spending against this backdrop. Connecting the dots between the two separate reports — the Federal Reserve...
The number of initial claims for unemployment insurance increased by 4,000 during the week ended Saturday (Aug. 17), suggesting a cooling of the labor market and an upcoming cut in interest rates. The total of 232,000 initial claims filed during the week was up from...
December 06, 2024
It’s a natural reflex, part of human nature: When the pressure’s on, we look to a solution. For consumers living paycheck to paycheck, the prospect of moving on to the next job, with the promise of better wages or better job security, might be a strategy that alleviates at least some of the burdens of […]
October 07, 2024
Monday (Oct. 7) marked a double dose of economic data that provided a continued diet of mixed signals. First up, the Federal Reserve’s latest data on consumer credit showed an overall...
July 24, 2023
As restaurants struggle with ongoing labor challenges, technology can help those with less experienced staff offer the kind of personalized service that many customers expect, according to new Paytronix CEO...
July 17, 2023
At Chipotle Mexican Grill, automation is slowly taking over kitchens as part of the fast-casual giant’s efforts to boost back-of-house efficiency and mitigate labor challenges. Most recently, the brand announced...
December 09, 2024
The Conference Board Employment Trends Index (ETI) saw its largest two-month increase in two years in October and November. The Index — a composite index based on eight leading indicators of employment — rose to 109.55 in November from an upwardly revised 108.25 in October, The Conference Board said in a Monday (Dec. 9) press release. “The […]
August 22, 2024
The number of initial claims for unemployment insurance increased by 4,000 during the week ended Saturday (Aug. 17), suggesting a cooling of the labor market and an upcoming cut in...
August 14, 2024
Brinker International has found that its investments in digital tools have improved the experience for both customers and employees at its casual dining restaurants. These improvements have also contributed to...
July 31, 2024
American companies added 122,000 jobs this month, while wage growth continued to slow. That’s according to the latest monthly employment report from ADP, released Wednesday (July 31), showing the number of new...
