Whoosh, there go our wage gains
2026-08-10 · 26 min · 3 entities
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evidence rules-v5
Feed category: Business
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evidence rules-v5
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Entities found in this episode
companys 2
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evidence rules-v5
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evidence rules-v5
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concepts 1
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evidence rules-v5
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Episode description as stored
More bad news from last week’s jobs report: Wage growth slowed to 3.2%, the lowest yearly rate in five years. Combine that with high inflation, and consumers are losing purchasing power. In this episode, where did the wage growth go? Plus: Temp firms report increased demand, Bed, Bath & Beyond’s parent company wants to expand into services, and Pringles implements AI on the production line.
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Read the stories in today’s episode:
U.S. consumers' real earnings have been falling
Why Bed Bath & Beyond's parent company is pivoting to mortgages and flooring
Should we ditch paper checks? You probably write more than you think
She chose rural South Carolina over Italy and England
One bright spot in an otherwise-meh labor market? Temp jobs
A new kind of AI chip: Pringle-making gets optimized by artificial intelligence