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Walmart said Tuesday it would raise the average hourly wage of its associates to more than $17.50 an hour — up from about $17 an hour. A Walmart representative also told CNBC Tuesday that its overall minimum wage would climb to $14 an hour, a roughly 17% jump for workers who stock shelves and serve customers. The range of salaries for store employees will also climb to between $14 and $19 an hour, from $12 and $18 an hour. About 340,000 store employees will get a raise, representing 21% of Walmart’s 1.6 million U.S. employees. "The labor market for most workers cooled somewhat over 2022, but it’s still hot," he said.

☆ The Job Market for Remote Workers Is Shrinking
▼ + stars: | 2023-01-24 | by ( Ray A. Smith | ) www.wsj.com time to read: 1 min

Many prospective workers who were determined to get a remote job just a few months ago are hitting a wall as remote listings rapidly dwindle. After remote work surged during the pandemic, fewer employers now feel the need to lure talent with the promise of working from home. Remote jobs made up 13.2% of postings advertised on LinkedIn last month—down from 20.6% in March. Other job sites such as Indeed.com and ZipRecruiter also report declines in remote listings.

☆ Millennials are living with their parents at higher rates than past generations, and they're not ashamed
▼ + stars: | 2023-01-17 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +11 min

Since 2020 adults aged 25 to 34 are living at home at higher rates than past generations, said the Census Bureau. According to the US Census Bureau, about 18% of men and 12% of women ages 25 to 34 were living with their parents in 2022. Barwig estimates she's saving about $30,000 a year. "I don't really spend a lot of money," she said. She's been able to maintain the job as a mostly remote employee at the Jersey Shore, where her parents live.

☆ Logistics Companies Are Reversing Their Hiring Binge
▼ + stars: | 2022-11-04 | by ( Liz Young | ) www.wsj.com time to read: +4 min

The hiring frenzy in logistics driven by pandemic-fueled shopping appears to be cooling off. “We got ahead of ourselves in terms of head count,” said Bob Biesterfeld, chief executive of C.H. Newsletter Sign-up The Logistics Report Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. Chief Executive Judy McReynolds said the company would now look to get “greater efficiency” from the people it already employs. “We aren’t really hiring other than filling vacancies and whatnot,” Chief Executive Greg Gantt said on an Oct. 26 earnings call.

☆ How NYC's pay transparency law could help millions across the U.S. earn more money
▼ + stars: | 2022-11-04 | by ( Jennifer Liu | ) www.cnbc.com time to read: +7 min

A new pay transparency law is now in effect in New York City, and it's set to help millions of workers across the U.S. earn more money. It could also make sense for companies to publicize pay ranges on all jobs if they plan to allow any work to be done remotely. The law's start date was delayed from the spring after fierce opposition from New York City business groups. Starting January 2023, states including California, Rhode Island and Washington will require companies to list salary ranges in job ads. jobs.citi.comThe problem with basing salary ranges for a current listing on what people previously made is that it could be outdated.

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