The Daily Money: Temp jobs in jeopardy
Good morning! It’s Daniel de Visé with your Daily Money.
Temporary workers were hit with 49,000 job losses in June, a possible sign the labor market is poised to cool significantly in the months ahead.
The decline, highlighted in the June employment report, caps a stunning two-year streak of job losses in a sector that traditionally has served as a bellwether for hiring across the U.S. Temporary staffing agencies serve a variety of industries but especially manufacturing, warehousing, retail, health care, technology and administrative office work.
Read Paul Davidson's full report.
No more personal checks at Target
Don't bother bringing your checkbook to Target. Very soon, the retailer won't be accepting personal checks.
Target will no longer take personal checks for customer purchases starting July 15, Mike Snider reports.
The use of personal checks has dipped in recent years. Consumer use of personal checks declined to just 3% of payments made in 2023, down from 4% in 2021 and 2022, and 7% in 2020, according to Federal Reserve Financial Services. Some other major retailers not accepting personal checks: Aldi and Whole Foods Markets.
Here's why Target is joining the list.
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We're a big fan of Betty Lin Fisher's Uncomfortable Conversations series. Here's her latest.
Vacation is a time to unwind and relax. Going away with friends can be a great way to experience a new place together. But what happens when your vacation spending styles clash?
Brittany VanDerBill went on vacation with a friend from college about two years ago. The two were originally going to go on a beach vacation but then decided on Las Vegas.
They quickly found out that their vacation spending styles were not the same.
How did they work through their differences?
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.