Among the rosy employment statistics in Friday’s monthly hiring report, one especially shines: Worker wages in the U.S. are finally taking off.
Average hourly earnings in October grew 3.1 percent from ago, federal data show. That’s the first time wage growth has crossed the 3 percent mark since April 2009, when the economy was reeling from the housing crash. Earnings for non-bosses (a category the Labor Department calls “production and non-supervisory workers” and excludes managers), grew even faster at 3.2 percent.
“The anti-Trumps won in this case,” former “Three’s Company” star says
As noted by Yahoo, Somers was herself fired by ABC nearly 40 years ago when she asked for parity with her “Three’s Company” co-star John Ritter. During contract negotiations for the show’s fifth season, the actress asked for a raise from $30,000 per episode to match Ritter’s rate of $150,000 per episode.
“Megyn Kelly Today is not returning. Next week, the 9 a.m. hour will be hosted by other Today co-anchors,” a brief statement from the network read. As for the staff of Kelly’s show, which shot in a separate studio from the rest of the Today Show, they will fortunately not become collateral damage, having been told they will keep their jobs.
No word on who the replacement anchors will be or what execs plan for Kelly’s slot, though one source told Vanity Fair, “I think the easy play is to just go back to Al, Dylan and Sheinelle.” However, her departure from the network isn’t technically final yet, according to her attorney, Bryan Freedman.
The retailer faces a daunting $134 million debt payment due Monday that looms increasingly large since the company has so far failed to work out a deal with CEO and largest shareholder Eddie Lampert to restructure its debts and sell more assets.
With heavy losses mounting, it may not have enough to make that payment on time.
Now, the company is working with advisers to prepare a potential bankruptcy filing as soon as this week, according to the Wall Street Journal and CNBC.