With many Americans worried about prices, it’s worth looking at whether workers’ wages have been rising quickly enough to keep up. Like a lot of things in economics, however, there’s not one ...
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 ...
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 ...
While service quality is the main driver of Americans’ tipping decisions, about three-in-ten U.S. adults also cite workers’ pay before tips as a major factor they consider, according to a recent Pew ...
Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of local ...
Applied economists spend a large fraction of their time trying to squeeze meaningful answers — causal effects — out of observational data. Unlike the natural sciences, we can’t run experiments in ...