The Bureau of Labor Statistics released the March jobs report this morning, revealing a slowdown in hiring much larger than anticipated. Only 126,000 jobs were added — about half of what economists were predicted. The good news is hourly earnings rose slightly, beating expectations. That indicates the labor market is tightening — to attract employees, businesses have to pay more. Today, Miriam Sitz started her morning at a restaurant in Harlem to see how jobs report numbers play out in real life. She went to McDonald’s on 125th and Broadway.
New York State and City officials have announced an increase in the minimum hourly wage people who work for tips. It will go into effect by the end of this year. Many Restaurant owners are not happy with the hike.