Pay and benefits for America’s workers grew more quickly in the first three months of this year, a trend that could contribute to higher inflation and raise concerns about the future path of price increases at the Federal Reserve.
Federal employees under the General Schedule (GS) get an annual pay raise most years. Articles in this section are an important resource for federal employees to stay informed about their pay and any potential changes that may affect their salaries. Thes
A Roth IRA offers tax advantages but comes with limited room, so strategic fund selection matters. Tony DongFeb. 11, 2025 7 Best Treasury ETFs to Buy Now Fixed-income experts suggest staying on the short end of the yield curve for safety and income. ...
On the launch of the PSHB, postal employees and retirees moving from the FEHB were given the opportunity to choose PSHB coverage in the annual open season in late 2024. Those who made no choice were transferred by default into the parallel PSHB plan where one existed; where one didn’t ...
both rates were higher than those for Asians and for Whites. The 12-month changes in the employment cost index (ECI) and average hourly earnings for all employees both declined in March relative to a year earlier, but the 3‑month change in the ECI stepped up noticeably fro...
Now, with rates coming down through 2025, it's like having yourokonomiyakiand eating it too. Lower borrowing costs will enable companies to invest more, while lower interest expenses boost profitability. As businesses grow profits, they might also hire more employees. ...
“For the employees, the result means a noticeable relief in view of the sharp rise in prices.” The union said it would hold wage negotiations for 33,000 steelworkers in east Germany on Friday following warning strikes in the past two weeks. Share $German steel workers win 6.5% pay rise...
For much of 2023 and 2024, that margin grew to 3 percentage points, making mortgages more expensive.Mortgage rates also move due to:Inflation: Generally, when inflation picks up, so do fixed interest rates. Supply and demand: When mortgage lenders have too much business, they raise rates to...
Payroll Employment, Earnings and Hours (Nov.) The number of employees receiving pay and benefits from their employer—measured as "payroll employment" in the Survey of Employment, Payrolls and Hours—fell by 21,100 (-0.1%) in October, following little change in September and August. ...
central bank is set to raise its key interest rate for the first time since 2018. He said he supports a traditional rate hike of 0.25 percentage points instead of the bigger rise recommended by some policymakers. Powell said the impact on the U.S. economy of Russia's attack is “...