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Canada Unexpectedly Shed Jobs, Unemployment Rose to 6.1%: Canada’s labor market unexpectedly lost jobs and the unemployment rate jumped to the highest level in ...
bloomberg.com/news/articles/2024-04-05/canada-unexpectedly-shed-jobs-unemployment-rose-to-6-1
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Quick Glance: US economy adds impressive 303,000 jobs last month
- Employers added 303,000 jobs in March, bringing the unemployment rate down to 3.8%.
- US stock futures rose slightly on Friday morning, but markets have had a rough week.
- The S&P 500 companies are expected to report positive first-quarter earnings, fueling optimism in the market.
- Investors are hopeful for a strong earnings season to continue the stock rally amidst concerns about inflation and interest rates.
Canada Goods-Trade Surplus Widens With Strongest Export Growth in Six Months : Canada’s goods-trade surplus with the rest of the world widened more than expected ...
wsj.com/economy/trade/canada-goods-trade-surplus-widens-with-strongest-export-growth-in-six-months-68bdd9a7
Canada Unemployment Rate Jumps to 6.1% in March: Canada shed jobs for the first time in eight months in March even as the labor market continued to expand ...
wsj.com/economy/central-banking/canada-unemployment-rate-jumps-to-6-1-in-march-fd5c9b94
Half a million California workers will get $20 minimum wage, starting today: It's a big win for cooks, cashiers and other fast-food employees ...
npr.org/2024/04/01/1241743207/california-fast-food-workers-20-minimum-wage-april
Quick Glance: California: New Minimum Wage Impact on Fast Food Industry
- Most fast food workers in California will earn at least $20 per hour starting Monday, providing more financial stability to the profession and potentially raising prices in the high-cost state.
- The law was supported by the fast food franchise owners' trade association. However, many owners have expressed concerns about the law's impact on their businesses amid California's economic slowdown.
- California has doubled its minimum wage to $16 per hour over the last decade, with data showing increased wages and sustained employment levels.
- The law represents a negotiated compromise between the fast food industry and labor unions, applying to restaurants with limited table service and part of a national chain with at least 60 establishments.
TJ Maxx applicant in disbelief after learning of $12 minimum wage: 'Not taking that f--king job'
nypost.com/2024/04/16/lifestyle/job-applicant-refuses-tj-maxx-post-after-learning-of-12-an-hour-pay-not-taking-that-f-king-job/
Billionaire In-N-Out heiress Lynsi Snyder claims she went 'toe-to-toe' to keep prices down as Calif. fast food industry, prices slammed by minimum wage hike
nypost.com/2024/04/11/business/in-n-out-president-lynsi-snyder-went-toe-to-toe-to-keep-menu-prices-down/
Upset over California's $20 wage? What fast-food CEOs make: California's fast-food workers now have a $20 minimum wage. If you think that's too much ...
latimes.com/opinion/letters-to-the-editor/story/2024-04-04/upset-over-californias-20-wage-what-fast-food-ceos-make
Quick Glance: Comparison: CEO Salaries vs. Minimum Wage in California
- Given the new $20 minimum wage for California's fast-food workers, it's important to examine the salaries of their CEOs.
- The CEOs of Chipotle and McDonald's Corp. earn substantial amounts while their employees struggle. It is suggested that they reduce their bonuses to pay their workers a living wage instead of passing costs to customers or threatening staff cuts.
- Supermarkets are increasing prices, making it challenging for even high earners to afford healthy food. The notion that supermarkets are the primary source for affordable, healthy food is diminishing.
- The new $20 minimum wage for fast-food workers is deemed reasonable as their earnings circulate back into the economy to provide food, shelter, and healthcare for many in need.
Major Burger King California franchisee adding order kiosks over $20 wage: The franchisee, who owns about 180 fast-food restaurants in California ...
businessinsider.com/california-fast-food-minimum-wage-order-kiosks-burger-king-popeyes-2024-4
Quick Glance: Major Burger King California Franchisee Introduces Order Kiosks Due to $20 Wage Impact
- Harsh Ghai stated in an early April interview that 25% of his restaurants already have kiosks, with the remaining 75% set to be equipped within the next 30 to 60 days.
- The new minimum wage for limited-service restaurant chains with at least 60 nationwide locations took effect on April 1, standing 25% higher than California's general minimum wage of $16 per hour.
- Ghai plans to offset the higher labor costs by implementing measures such as reducing work hours, introducing kiosks, and halting the development of new restaurants.
- Fast-food chains are accelerating the deployment of order kiosks in US locations to cut labor costs, with the introduction becoming more pressing due to California's new $20 minimum wage.
Grocery inflation slows in March, but price growth at restaurants remains strong: Inflation on groceries continued to slow in March, rising just 1 ...
ctvnews.ca/canada/grocery-inflation-slows-in-march-but-price-growth-at-restaurants-remains-strong-1.6848978
How California fast food restaurants raised menu prices in response to $20 minimum wage
nypost.com/2024/04/16/business/california-fast-food-restaurants-raised-prices-due-to-minimum-wage/
Canada budget woos young voters, asks rich to pay more | kuwaittimes: Canada budget woos young voters, asks rich to pay more - Business - OTTAWA: The government ...
kuwaittimes.com/article/13228/business/canada-budget-woos-young-voters-asks-rich-to-pay-more/
California McDonald's franchisee responds to new fast-food worker wages: Restaurant owners have been looking for ways to offset the bigger paychecks ...
businessinsider.com/mcdonalds-franchisee-on-raising-prices-to-cover-california-minimum-wage-2024-4
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Quick Glance: California McDonald's franchisee responds to new wage requirements
- A McDonald's franchisee raised prices in response to California's new fast-food worker wage requirements.
- "I can't charge $20 for a Happy Meal," expressed the franchisee, concerned about retaining customers, in an interview with CNN.
- Restaurant owners are exploring strategies to mitigate the impact of the increased wages.
A Renter’s Tax Credit Would Help People Like Me Stay in Our Homes: With a Renter’s Tax Credit, renters who pay more than 30% of our paychecks on housing would ...
otherwords.org/rents-are-unaffordable-nationwide-a-renters-tax-credit-would-help/
Real estate wealth has devalued the status of being a millionaire in Canada: The devaluing of the term ‘millionaire.’ Lots of people have $1M in net worth thanks ...
theglobeandmail.com/investing/personal-finance/article-real-estate-wealth-has-devalued-the-status-of-being-a-millionaire-in/
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Media, Entertainment and Arts Alliance finds half of Australian musicians earned less than $6,000 last financial year
abc.net.au/news/2024-04-02/meaa-survey-finds-musicians-earning-less-post-pandemic/103659484
Gov. Newsom and California show why liberals can't be trusted with the economy: It was only a matter of time before California's economy reacted to failed tax ...
usatoday.com/story/opinion/columnist/2024/04/17/california-minimum-wage-gavin-newsom-economic-failure/73337780007/
Gavin Newsom's restaurant offering job at $ 16 per hour despite new state law of $ 20 per hour for fast food workers
nypost.com/2024/04/04/us-news/gavin-newsoms-restaurant-offering-job-at-16-hr-despite-new-state-law-of-20-hr-for-fast-food-workers/
Quick Glance: Debate Over Gavin Newsom's Restaurant Compensation
- A restaurant involving the California governor has posted a job listing for $16 an hour despite a new state law requiring fast-food establishments to pay $20 an hour.
- PlumpJack Cafe in Olympic Valley, part of a group of restaurants established by a company founded by Newsom, is seeking a part-time busser to ensure guest satisfaction during dining.
- Despite the $20 minimum wage for fast-food workers, an employee at McDonald's would earn more than at this high-end restaurant and bar.
- Critics view the wage discrepancy between workers at an upscale restaurant and a fast-food joint selling inexpensive burgers as hypocritical.
The budget needs bold change to fix Canada’s falling productivity: Canadians should ask ourselves one simple question: What are we doing to address the ...
theglobeandmail.com/business/commentary/article-the-budget-needs-bold-change-to-fix-canadas-falling-productivity/
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At the heart of Canada’s productivity crisis: We underinvest in employees: Canada’s low productivity has reached emergency levels. Investment in employees ...
theglobeandmail.com/business/commentary/article-at-the-heart-of-canadas-productivity-crisis-we-underinvest-in/
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California just hiked minimum wage for fast food workers. Some restaurants are replacing them with kiosks
cnn.com/2024/04/11/business/california-minimum-wage-fast-food-kiosks/
17 Things That Rich People Completely Ruined For Poor People: "My parents immigrated in the early '90s. Five years later, they bought their first house ...
huffpost.com/entry/things-rich-people-ruined-for-poor-people_l_66102161e4b04fa3961485b9
Canada sheds jobs in March, increasing bets for June rate cut: Canada's economy unexpectedly shed a net 2,200 jobs in March, largely in the services sector ...
reuters.com/markets/canada-sheds-jobs-march-unemployment-rate-rises-61-2024-04-05/
Stop asking me for tips. 'Tipflation' is out of control.: More than 70% of adults say tipping is expected in more places than it was five years ago ...
usatoday.com/story/opinion/columnist/2024/04/02/tip-rules-gratuity-minimum-wage-service-industry/73168944007/
California McDonald's franchisee responds to new fast-food worker wages: Restaurant owners have been looking for ways to offset the bigger paychecks ...
businessinsider.com/mcdonalds-franchisee-on-raising-prices-to-cover-california-minimum-wage-2024-4
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Ontario PC government says it supports bill declaring intimate partner violence an epidemic
theglobeandmail.com/canada/article-ontario-pc-government-says-it-supports-bill-declaring-intimate-partner/
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What is the new etiquette for tipping?: Tipping requests are on the rise. Businesses that never seemed to ask for a tip, like fast food joints ...
npr.org/2024/03/26/1196978930/new-rules-tipping-etiquette
Statistics Canada set to release its March inflation report - National | Globalnews.ca
trib.al/3f8Eqhn
California fast-food workers will get $20 minimum wage, starting Monday: Debate is hot about the impact of a higher minimum wage. Half a million Californians ...
npr.org/2024/03/30/1241451631/california-fast-food-20-minimum-wage
California fast food workers hail wage hike, franchise owners worried: About half a million workers at California fast food chains began receiving a $20-an-hour ...
reuters.com/business/retail-consumer/california-fast-food-workers-hail-wage-hike-franchise-owners-worried-2024-04-02/
Quick Glance: California Fast Food Workers React to Wage Increase, Franchise Owners Express Concern
- A significant number of employees in fast food chains in California began benefiting from a $20-an-hour minimum wage on Monday, raising concerns among some small business owners about their future, while workers emphasized that the wage hike assists in covering expenses.
- The wage increase, starting from the state's $16 minimum, was implemented following discussions between groups representing workers and restaurants. It is applicable to chains with 60 or more locations nationwide. Governor Gavin Newsom, the signatory of the compromise law last September, highlighted the aim of fostering inclusivity in the state's economy.
- The economic implications are not straightforward. Various studies suggest that a higher minimum wage could lead to reduced hours and hiring, although others indicate positive outcomes for employees.
- The extent to which other businesses will feel compelled to raise their wages to align with those affected by the law remains uncertain.
Canadians’ wages took major hit in 2022 amid high inflation rates: StatCan - National | Globalnews.ca
trib.al/dEXFnkk
Minimum wage rise gives boost to 2.7 million lowest-paid: Above inflation wage-hikes are set to benefit 2.7 million low-paid workers and apprentices.
bbc.com/news/business-68678814
How are you tackling rising food prices? We want to hear from you: Amid rising food prices, Canadians continue to brace for inflation as spending and consumption ...
ctvnews.ca/canada/how-are-you-tackling-rising-food-prices-we-want-to-hear-from-you-1.6847586
$25 McDonald's bundle in viral video draws blame for California minimum wage hike
usatoday.com/story/money/food/2024/04/11/mcdonalds-25-bundle-california-minimum-wage-increase/73283035007/
The UK’s new minimum wage ‘badly needed’ but many calling for more: UK’s new legal minimum wage gets a 9.8 percent rise, the highest boost since 2001 ...
aljazeera.com/economy/2024/4/1/the-uks-new-minimum-wage-badly-needed-but-many-calling-for-more
In-N-Out makes price pledge with California minimum wage law, as others raise rates, slash staff
usatoday.com/story/money/food/2024/04/12/in-n-out-holds-prices-california-fast-food-minimum-wage/73306980007/
Canada wants Europe’s competition policy? We’ll also get Europe’s economic stagnation
theglobeandmail.com/business/commentary/article-canada-wants-europes-competition-policy-well-also-get-europes-economic/
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California's $20 fast food minimum wage balloons menu prices -- with some chains increasing costs by nearly $2
nypost.com/2024/04/02/us-news/californias-20-fast-food-wage-raises-prices-by-up-to-1-80/
Bringing workers back downtown won’t make Toronto great again. But making it fun might
theglobeandmail.com/opinion/article-bringing-workers-back-downtown-wont-make-toronto-great-again-but/
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Canadians’ total RRSP contributions fell in 2022 after pandemic spike: StatCan - National | Globalnews.ca
trib.al/206PIa5
Liberals in la-la land: High wages, 32-hour workweeks sound great, but there's a steep price
usatoday.com/story/opinion/columnist/2024/04/03/california-fast-food-minimum-wage-gavin-newsom-bernie-sanders/73165834007/
Four new DWP and money rules from April 1 that could affect you: Increases to common household costs and payments are part of a long list of changes this month
walesonline.co.uk/news/cost-of-living/dwp-money-changes-effect-april-28920416
Why Canadians in their prime are a ‘sandwiched’ generation of caregivers - National | Globalnews.ca
trib.al/uyCIZ30
What to know about new minimum wage in California: On April 1 Assembly Bill 610 went into effect raising the minimum wage for more than half a million California ...
goodmorningamerica.com/food/story/new-minimum-wage-california-industries-now-exempt-108273389
California's quest for America’s highest wage could be victim of past wins: The Golden State has boosted fast food and health care pay. A minimum wage is tougher ...
politico.com/news/2024/04/12/minimum-wage-california-00151870
Restaurant owner fears California minimum wage law is 'a silent tax' on consumers, 'collapsing' businesses
foxbusiness.com/politics/restaurant-owner-fears-california-minimum-wage-law-silent-tax-consumers-collapsing-businesses
California Burger King franchisee to expedite self-serve kiosks rollout over $20 wage law
nypost.com/2024/04/12/business/california-burger-king-franchisee-to-expedite-self-serve-kiosks-rollout/
The doomsters were wrong about the minimum wage. They’re wrong about Labour’s new deal for workers, too
theguardian.com/commentisfree/2024/apr/04/the-doomsters-were-wrong-about-the-minimum-wage-theyre-wrong-about-labours-new-deal-for-workers-too
Opinion | California’s Crazy ‘Fast Food’ Minimum Wage Takes Effect: A Burger King franchise will have to pay burger flippers $20 an hour. The corner diner won’t.
wsj.com/articles/californias-crazy-fast-food-minimum-wage-takes-effect-negative-repercussions-7ae3e9ae
Are taxes going up or down?: The government talks about taxes coming down but other talk about them going up. Who is right?
bbc.com/news/articles/cv2yx9gpk05o
Quick Glance: Taxpayers Beware: Avoid 'Surprise' Fees
- Taxpayers may face 'surprise fees' if their tax refund from the previous year was too high.
- The IRS warned today that taxpayers could face a harsh hit to their wallets if they do not use the IRS Tax Withholding Estimator.
- The IRS recommends reviewing the withholding estimator annually, especially after significant life events.
- Not withholding the right amount from your income could become a growing issue as the IRS has increased many tax brackets and deductions by over 5 percent.
How many jobs did Canada add in March? StatCan to release data - National | Globalnews.ca
trib.al/3tSizVo
Six things you need to know about salaries in Austria: Austria is a great country to live and work in, and the government is currently looking for skilled ...
thelocal.at/20230329/six-things-you-need-to-know-about-salaries-in-austria
Morning Update: Ottawa raises capital-gains tax to fund budget’s billions in new spending
theglobeandmail.com/canada/article-morning-update-ottawa-raises-capital-gains-tax-to-fund-budgets/
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Over 200 restaurants have closed this year costing the economy €288m: Restaurants Association of Ireland says 212 restaurants, cafés, and other food-led ...
irishexaminer.com/business/companies/arid-41374915.html
Mod Pizza closes 5 California locations as $20-an-hour minimum wage law takes effect
nypost.com/2024/04/04/business/mod-pizza-closes-5-california-locations-as-minimum-wage-law-takes-effect/
Ships docked, trains halted as striking Greek workers protest over rising costs
reuters.com/world/europe/ships-docked-trains-halted-greek-workers-strike-over-rising-costs-2024-04-17/
Canada Inflation Ticks Up to 2.9% on Higher Gas Prices: Canadian consumer prices reaccelerated slightly as expected due to higher gasoline prices ...
bloomberg.com/news/articles/2024-04-16/canada-inflation-ticks-up-to-2-9-on-higher-gas-prices
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Quick Glance: Canadian Inflation Rises Due to Increase in Gasoline Prices
- Canadian consumer prices saw a slight increase, primarily due to higher gasoline prices. Core metrics indicated further progress in disinflation, prompting the central bank to prepare for a shift to looser monetary policy as early as June or July.
- In March, the consumer price index rose by 2.9% compared to the previous year, up from the 2.8% reported a month earlier. Excluding gasoline, the index slowed to 2.8% from the previous year, in contrast to February's 2.9%.
- However, indications of underlying price pressures decreased. The averages of the Bank of Canada's two core measures decreased to an annual rate of 2.95%, weaker than anticipated. Following the release, yields on two-year Canadian government bonds dropped by approximately 10 basis points to 4.18%.
- The March inflation data suggest that the decline in core metrics this year is not temporary. Bank of Canada officials are now waiting to be convinced that the path to the 2% target can be sustained before making adjustments to monetary policy.
How California’s Huge Raises for Fast-Food Workers Will Ripple Across Industries: Michaela Mendelsohn, who owns six El Pollo Loco locations serving grilled ...
trib.al/NOMhn23
Romario returns to professional football at 58: Brazilian football legend Romario has officially come out of retirement after 15 years since his last ...
thedailystar.net/sports/football/news/romario-returns-professional-football-58-3588901
B.C. construction sector seeks support as workers shortage, late payments persist
theglobeandmail.com/canada/british-columbia/article-bc-construction-sector-seeks-support-as-workers-shortage-late-payments/
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One U.S. state has (by far) the most generous overtime pay laws: Hourly workers get 1.5x overtime pay for all hours over 40 worked in a week ...
kentucky.com/news/business/article287672650.html
Oregon’s 2024 minimum wage increase takes effect in July: Oregon's minimum wage has been tiered by location since 2017, and pegged to inflation since 2023.
oregonlive.com/business/2024/04/oregons-minimum-wage-will-jump-in-july.html
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Bojangles is planning on opening new restaurants in California for the first time
qz.com/bojangles-new-restaurants-california-minimum-wage-hike-1851410912
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Minneapolis becomes frontline in fight over fair pay for rideshare drivers: The latest battle over fair pay for rideshare drivers is taking place in Minneapolis ...
pbs.org/newshour/show/minneapolis-becomes-frontline-in-fight-over-fair-pay-for-rideshare-drivers
| Montreal Gazette: "Resentment, fear, catastrophism — I don't think that's the way we are going to reach youth," Québec solidaire's Gabriel Nadeau-Dubois ...
montrealgazette.com/news/local-news/attitude-mired-in-resentment-other-parties-decry-pqs-referendum-speech
Turkish labor minister rules out second minimum wage hike in 2024: Turkish Labor and Social Security Minister Vedat Işıkhan has ruled out the second minimum wage ...
duvarenglish.com/turkish-labor-minister-rules-out-second-minimum-wage-hike-in-2024-news-64217
Petra Köpping: "We need a minimum wage of 15 euros": In addition to being social minister, SPD politician Petra Köpping is also her party's top candidate for the ...
saechsische.de/sachsen/politik-sachsen/koepping-wir-brauchen-einen-mindestlohn-von-15-euro-5990518.html
When Will Central Banks Cut Interest Rates?: Perceptions change with each new data point and each new comment from central bankers. I believe June is the month ...
invesco.com/us/en/insights/when-will-central-banks-cut-interest-rates.html
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Implement minimum wage, award for Abia workers, NLC urges Otti: Abia State Council of the Nigeria Labour Congress has pleaded with the governor of Abia State ...
punchng.com/implement-minimum-wage-award-for-abia-workers-nlc-urges-otti/
LA City Council approves double-digit raises for tens of thousands of workers: The City of Los Angeles minimum wage will go up to $20 per hour starting Sunday ...
dailynews.com/2024/04/17/la-city-council-approves-double-digit-raises-for-tens-of-thousands-of-workers/
UK Jobs and Pay Data Poses a Dilemma for the Bank of England: Sticky wages and falling vacancies don’t make the Bank of England’s life any easier.
bloomberg.com/news/newsletters/2024-04-16/uk-jobs-and-pay-data-poses-a-dilemma-for-the-bank-of-england
Uber and Lyft are staying in Minneapolis — at least for now: The ride-hailing apps are in a dispute with the city about a minimum wage hike for drivers
qz.com/uber-lyft-minneapolis-july-1-1851406683
Dreaming of starting that small business? Ohio is the perfect place to start. Here's why
dispatch.com/story/news/2024/04/17/ohio-best-state-start-small-business-reasons/73342227007/
Law in California: The eternal dispute over the minimum wage: A California law reignites the old debate about and disadvantages of the minimum wage ...
faz.net/aktuell/wirtschaft/arm-und-reich/gesetz-in-kalifornien-der-ewige-streit-um-den-mindestlohn-19633472.html
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Femicide is an epidemic at home and abroad: The Bondi stabbings in Australia made international headlines. But women are violently targeted every day
theglobeandmail.com/opinion/article-femicide-is-an-epidemic-at-home-and-abroad/
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'Like magic': Total solar eclipse moves across parts of Canada, crowds in awe: Earth-bound audiences turned skyward as the sun moved directly behind the moon on ...
timescolonist.com/national-news/like-magic-total-solar-eclipse-moves-across-parts-of-canada-crowds-in-awe-8566422
Quick Glance: Airplane Observes Solar Eclipse in Bloomington
- An airplane flies near the total solar eclipse in Bloomington, Indiana.
- People watch the partial solar eclipse on the observation deck of Edge at Hudson Yards in New York City.
- Sophia Moccia, 4, from Queens views the eclipse with a homemade mask in New York City.
- A solar eclipse is visible in Mazatlan, Mexico.
A California franchisee says he's reducing staffing, raising prices, and mulling kiosks to cover the $20 wage. Closing stores is a last resort.
trib.al/IIuCaUh
LA council committee OKs 22% raise over 5 years for thousands of city workers: The contracts spread out increases over the next several years, increasing the ...
dailynews.com/2024/04/16/la-council-committee-oks-22-raise-over-5-years-for-thousands-of-city-workers/
Politics Briefing: Inflation rate ticked higher in March, markets bet on June rate cut
theglobeandmail.com/politics/article-politics-briefing-inflation-rate-ticked-higher-in-march-markets-bet-on/
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Labour submits N615,000 minimum wage demand in fresh proposal: the Nigerian Labour Congress and Trade Union Congress, has demanded N615,000 as the new minimum ...
punchng.com/labour-submits-n615000-minimum-wage-demand-in-fresh-proposal/
Labour asks FG to unveil new minimum wage May 1: The organised labour, on Sunday, listed its expectations ahead of the 2024 Workers’Day ...
punchng.com/labour-asks-fg-to-unveil-new-minimum-wage-may-1/
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