wages

Who Pays Better: Big Companies or Small Companies?

Complaints over higher tax brackets aside, one rule holds true when it comes to your paycheck: Bigger is better. Now, thanks to a recent report out of the Bureau of Labor Statistics, we now know exactly where to look to score the bigger paycheck.

U.S. Economy Adds 96,000 Jobs, Unemployment Rate Falls to 8.1%

U.S. employers added 96,000 jobs last month, a weak figure that could slow the momentum President Obama hoped to gain from his speech Thursday night to the Democratic National Convention. The unemployment rate fell -- but only because more people stopped looking for work.

107 Days: That's How Long It'll Take to Pay Your Taxes

More than three months of your hard-earned wages are going straight to your tax bill this year. Americans will spend an average of 29% of their income on federal, state and local taxes in 2012, the Tax Foundation announced Monday.

5 Financial Turkeys of 2011 (and a Side of Stuffing)

At Thanksgiving, we remember the year's blessings and declare hope for the future. But if you're having a hard time swallowing that this year, we offer this recipe for cooking up 2011's most egregious financial news stories. Bon appetite!

For Workers Laid Off in Recessions, Big Pay Gaps Persist

No matter when a person gets laid off, it can have long-lasting financial consequences -- among them, a wage gap that persists for years. But a new study reveals that men who are part of a mass layoff during a recession lose 72% more over their lifetimes than men who lose jobs in during periods of economic growth.

Not So Friendly's: Bankrupt Chain Lays Off 1,260

The 63 restaurants Friendly's closed on Wednesday resulted in about 1,260 layoffs -- more than 12% of the company's 10,300 person workforce. Everyone from managers to dishwashers were told Tuesday evening that the following day would be their last at Friendly's.

What Middle Class Voters Should Remember in 2012

The U.S. middle class is caught in a vice with falling wages on one side and rising costs on the other. Robert S. Kaplan, author of the business leadership book "What to Ask the Person in the Mirror" suggests five ways that politicians should be responding -- not specific policies, but mindsets that could lead to better ones.

My Three Cents: How Much Are You Looking to Earn?

It seems like a trick question when the job interviewer asks: "How much are you looking to make?" In today's tough job market, your instinct might be to answer, "I'll take anything." But the smarter move is to do some research so you can walk into salary talks with a sense for your market value.

Will Your Finances Be Better in 2012? Most Think Not

When it comes to the the state of their family finances, Americans seem to be moving toward the "acceptance" stage. Some of us think our own household scenarios will get better in the coming year, some of us dread things getting worse, but mostly, we expect more of the same.