US workers poised to get biggest raise in a decade as inflation soars [FOX Business Network]
Papa John's International, Inc. (PZZA)
Last papa john's international, inc. earnings: 2/26 07:00 am
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Source: FOX Business Network
American workers are in line to receive one of the biggest pay raises in more than a decade, reflecting an extremely tight labor market and the highest inflation in 30 years. A survey by the Conference Board released on Wednesday shows that companies are setting aside 3.9% of total payroll for wage increases next year – the steepest one-year jump since the 2008 financial crisis. The estimate is up from April, when the Conference Board projected that companies were budgeting for a 3% pay increase. US HIRING STUMBLES IN NOVEMBER AS ECONOMY ADDS JUST 210,000 JOBS The report emphasizes the lengths companies are going to in hopes of attracting new workers: Growth in wages for new hires, along with accelerating inflation, were the biggest drivers of the jump in salary increase budgets. Nearly half of respondents – 46% – said the increase in wages of new hires played a role in wage increases, while 39% said that increased inflation influenced their decision. People seeking employmen
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News
- Cisco downgraded, Lucid resumed: Wall Street's top analyst calls [Yahoo! Finance]Yahoo! Finance
- Papa John's International, Inc. (NASDAQ: PZZA) was upgraded by analysts at Stifel Nicolaus from a "sell" rating to a "hold" rating. They now have a $60.00 price target on the stock, down previously from $65.00.MarketBeat
- Missouri, Kansas hungry for these fast food coupons [Yahoo! Finance]Yahoo! Finance
- Papa John's: Back To Better 2.0 Plan's Potential Is Likely Priced In [Seeking Alpha]Seeking Alpha
- Papa John's Finds Its Distinctive Voice With New Big Boi Partnership [Forbes]Forbes
PZZA
Earnings
- 2/29/24 - Beat
PZZA
Sec Filings
- 3/29/24 - Form PX14A6G
- 3/29/24 - Form ARS
- 3/29/24 - Form DEF
- PZZA's page on the SEC website