Paychecks Lag as Profits Soar, and Prices Erode Wage Gains [The New York Times]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: The New York Times
Image Job seekers at a career fair in Los Angeles on March 8. Employers complain of labor shortages, but many are reluctant to pay higher wages. Credit Patrick T. Fallon/Bloomberg By Patricia Cohen July 13, 2018 Corporate profits have rarely swept up a bigger share of the nation’s wealth, and workers have rarely shared a smaller one. The lopsided split is especially pronounced given how low the official unemployment rate has sunk. Throughout the recession and much of its aftermath, when many Americans were grateful to receive a paycheck instead of a pink slip, jobs and raises were in short supply. Now, complaints of labor shortages are as common as tweets. For the first time in a long while, workers have some leverage to push for more. Yet many are far from making up all the lost ground. Hourly earnings have moved forward at a crawl, with higher prices giving workers less buying power than they had last summer. Last-minute scheduling, no-poaching a
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JPM
News
- Fears about stagflation are mounting in the US. It's every central banker's worst nightmare [Yahoo! Finance]Yahoo! Finance
- Miner Owned by South America's Richest Family Mulls Bond Sale [BNN Bloomberg (Canada)]BNN Bloomberg
- JPMorgan Chase CEO Jamie Dimon says Bidenomics is only ‘partially' working as many Americans aren't feeling ‘lifted up by this economy' [Yahoo! Finance]Yahoo! Finance
- Why the S&P 500 is poised to gain 3% over the next 20 days, says JPMorgan's trading desk [Yahoo! Finance]Yahoo! Finance
- Fears about stagflation are mounting in the US. It's every central banker's worst nightmare [CNN]CNN
JPM
Earnings
- 4/12/24 - Beat
JPM
Sec Filings
- 4/25/24 - Form 424B2
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form 424B2
- JPM's page on the SEC website