Lagging pay in a lengthy recovery defied the usual logic. Economists now have a better idea of the reasons and patterns behind the belated bounce. Source: NYT > Business – BEN CASSELMAN
Where the Good Jobs Are
For people without a college degree, finding work that offers decent pay can be a challenge. The solution may require a change in scenery. Source: NYT > Business – EDUARDO PORTER
Labor Dept. Says Workers at a Gig Company Are Contractors
The department exempted an unnamed operation from pay and benefit standards applied to employees, marking a shift from the Obama administration view. Source: NYT > Business – NOAM SCHEIBER
Stop & Shop Workers Are on Strike at Over 240 Stores in New England
More than 30,000 Stop & Shop employees have been on strike since Thursday at stores in Connecticut, Massachusetts and Rhode Island. Source: NYT > Business – SANDRA E. GARCIA
Your Money Adviser: Checking on Social Security Estimates Is a Good Idea, but Many People Don’t Do It
The Social Security Administration used to mail out many more statements each year. Now, it encourages workers to go online. A new report says millions haven’t looked. Source: NYT > Business – ANN CARRNS
Bank of America to Raise Minimum Wage to $20 an Hour Over Next 2 Years
A day before he was to testify before Congress, Bank of America’s chief executive, Brian Moynihan, said the lowest-paid workers would earn $17 an hour starting in May and, ultimately, $20 an hour. Source: NYT > Business – EMILY FLITTER