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Tag: Wages


What Donald Trump Means for the Economy

Trump and congressional Republicans will be able to pass an agenda that jeopardizes middle-class Americans.

Posted on Nov 14, 2016 READ MORE


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‘Tired of Waiting’ for Politicians, Voters in Four States Put Minimum Wage on the Ballot

In Arizona, Colorado, Maine and Washington, polls show strong support for the measures, as voters say a wage increase is “long overdue and desperately needed.”

Posted on Nov 4, 2016 READ MORE


Think Incomes Are Rising? Not So Fast, Says Economist Richard Wolff

Despite a recent upbeat report on wages from the U.S. Census Bureau, the fact is that incomes are in real decline—and no mechanisms have been put in place to prevent another crash, Wolff says.

Posted on Sep 19, 2016 WATCH & LISTEN



Wages Took a Rare Decline in First Quarter

January through March, the average weekly wage in the U.S. fell 0.5 percent from last year—just the seventh such annual decline dating back to 1978, according to the U.S. Labor Department.

Posted on Sep 8, 2016 READ MORE



A Message to Working People From a Former Labor Secretary

Your typical wage is below what it was in the late 1970s, in terms of what it can buy. Yet the American economy is twice as large as it was back then.

Posted on Sep 6, 2016 READ MORE



Jeremy Corbyn Launches Bold, Progressive Plan to Transform U.K.

“Our country wasn’t run by Brussels, it’s run by boardrooms across the world,” the Labour Party leader said as he called for pro-worker public investments, peace abroad and a clean-energy transition.

Posted on Aug 8, 2016 READ MORE



Minimum Wage, Minimum Chance: On Being Nickel-and-Dimed in 2016

When presidential candidate Bernie Sanders talks about income inequality, and when other candidates speak about the minimum wage and food stamps, what are they really talking about?

Posted on Feb 16, 2016 READ MORE



Winning the Fight for $15 in 2016

This is the year to make all wages living wages.

Posted on Jan 14, 2016 READ MORE



What to Expect From the U.S. Economy in 2016—Hint: Does the Word ‘Recession’ Ring a Bell?

Economic forecasters exist to make astrologers look good, but this economist will hazard a guess.

Posted on Jan 10, 2016 READ MORE



Minimum Wage Is Not a Livable Wage

Mr. Trump, take it from someone who has lived most of her life below the poverty line: Minimum wage is a starvation wage for many low-income individuals and families.

Posted on Dec 11, 2015 READ MORE



Paul Ryan’s 7 Terrible Ideas (VIDEO)

These seven ideas for “a complete alternative to the left’s agenda” would harm most Americans. Speaker of the House Ryan is wrong.

Posted on Dec 5, 2015 READ MORE


Thinker









Posted on Nov 25, 2015 ENLARGE



‘Poverty Pay’ Leads Wal-Mart Employees to Steal Lunches From Co-Workers

Wal-Mart’s workers are so poor they’re skipping lunch, sharing the food of others or stealing from co-workers, some of them said as they announced a 15-day fast aimed at raising the company’s wages.

Posted on Nov 14, 2015 READ MORE



How Unions Fight Inequality and Strengthen Democracy

A reinvigorated labor movement is essential to both a just economy and a well-functioning democracy. It deserves widespread attention—and should inspire concerted action.

Posted on Nov 2, 2015 READ MORE



More Than Half of U.S. Wage Earners Make Under $30,000 a Year, According to a Shocking New Report

Wage statistics for 2014, recently released by the Social Security Administration, provide proof of the claim we all feared was true: The middle class is disappearing.

Posted on Oct 27, 2015 READ MORE



Gender Pay Gap Widens: Men’s Earnings Growing Twice as Fast as Women’s

The glass ceiling is still very much intact, as new Labor Department data reveals.

Posted on Oct 26, 2015 READ MORE



Wages Set to Fall Unless Temperature Rise Is Tackled

Researchers say the economic costs of failing to take action on climate change will be much greater than previously thought—with average global incomes cut by almost a quarter.

Posted on Oct 23, 2015 READ MORE



Why Raising the Minimum Wage to $15 an Hour, Even If It Risks Job Loss, Is the Right Thing to Do

Have you noticed how often conservatives who disagree with a policy proposal call it a “job killer”? Yet maybe some jobs are worth risking if a strong moral case can be made—and on this issue, as with many others historically, it can.

Posted on Oct 19, 2015 READ MORE



Five Great American Hypocrisies

American “exceptionalism” exists in the minds of superpatriots who are more than willing to overlook their own faults as they place themselves above other people. The only question may be which of their self-serving hypocrisies is the most outrageous and destructive.

Posted on Oct 12, 2015 READ MORE



The New York Times Wants You to Get a Raise

Raising interest rates before employment and wages have recovered would harm working people and the U.S. economy, The New York Times’ Editorial Board writes on Labor Day.

Posted on Sep 7, 2015 READ MORE



Women Are Judged Much More Harshly Than Men for Similar Assertiveness at Work

A new study rates women who come across as angry or critical as 35 percent less competent and worth $15,000 less in pay than those who are less aggressive. Comparable behavior by men costs them only about half as much in perceived fair compensation.

Posted on Aug 8, 2015 READ MORE



New York’s Fast-Food Workers to Be Paid $15 Minimum Wage by 2021

Fast-food workers throughout the state won a hard-fought and important victory Wednesday: a $15 minimum wage.

Posted on Jul 22, 2015 READ MORE



Hillary Clinton Suggests the Minimum Wage Is a Local Issue

Though she has declined to say what she thinks is the ideal national minimum wage, the Democratic presidential candidate has implied that it might differ from place to place—and thus she would not push for an increase if she were president.

Posted on Jul 19, 2015 READ MORE


Trans-Pacific Partnership









Posted on May 26, 2015 ENLARGE



AFGE (CC BY 2.0)

Bernie Sanders and Elizabeth Warren Want Obama to Join the ‘Fight for $15’ to Raise Minimum Wage

The effort to raise the minimum wage to $15 an hour is gaining momentum, and two of American progressives’ biggest allies are doing what they can to get the executive branch behind the movement.

Posted on May 16, 2015 READ MORE



April Jobs Report: The Wage Picture Is Bleak and ‘We’re Still Millions of Jobs in the Hole’

Yes, all of the U.S. jobs lost to the Great Recession were recovered by mid-2014. But “we didn’t manage to create enough new jobs to satisfy the shortfall” in positions that would have been made “had the economy kept chugging along at a reasonably normal pace,” writes Suzanne McGee at The Guardian.

Posted on May 11, 2015 READ MORE


‘I’m Tired All the Time’: What Minimum Wage Feels Like

Sabrina Johnson and Edith Figueroa are among tens of thousands of fast-food workers who have mobilized under the banner of the “Fight for $15” to demand better wages and the right to form a union.

Posted on Apr 15, 2015 WATCH & LISTEN


Target Stock









Posted on Mar 6, 2015 ENLARGE


‘Left, Right & Center’: Higher Wages at Wal-Mart and Obama’s Views on Radical Extremism

On this edition of “Left, Right & Center,” Truthdig Editor-in-Chief Robert Scheer and the other panelists discuss Wal-Mart’s decision to raise wages for about 500,000 workers. President Obama likes to say that “America deserves a raise,” but this week’s conversation tackles the question: Is Wal-Mart’s move enough?

Posted on Feb 22, 2015 WATCH & LISTEN



Workers Keep Getting Shafted and Wages Won’t Rise; What’s Going On?

Jobs are coming back, but pay isn’t.

Posted on Jan 14, 2015 READ MORE



Shutterstock

Wages of Millions Seized to Pay Past Debts

One in 10 working Americans between the ages of 35 and 44 are getting their wages garnished. That means their pay is being docked—often over an old credit card debt, medical bill or student loan.

Posted on Sep 15, 2014 READ MORE



Harvard Business School’s Role in Widening Inequality

No institution is more responsible for educating the CEOs of American corporations than Harvard Business School.

Posted on Sep 13, 2014 READ MORE


Poverty Wages









Posted on Sep 5, 2014 ENLARGE


Happy Labor Day, America!









Posted on Sep 1, 2014 ENLARGE



Real Business Leaders Want to Save Capitalism

A few weeks ago I was visited in my office by the chairman of one of the country’s biggest high-tech firms who wanted to talk about the causes and consequences of widening inequality and the shrinking middle class, and what to do about it.

Posted on Jun 21, 2014 READ MORE



Seattle Is Right

By raising its minimum wage to $15, Seattle is leading a long-overdue movement toward a living wage.

Posted on Jun 7, 2014 READ MORE



What You Need to Earn to Rent a Decent One-Bedroom in America

Unsurprisingly, the “housing wage” is much higher than the minimum wage in much of the country.

Posted on Apr 26, 2014 READ MORE



Why the Minimum Wage Should Really Be Raised to $15 an Hour

Momentum is building to raise the minimum wage to $10.10. But we need to be more ambitious.

Posted on Apr 9, 2014 READ MORE



Are Corporations Really Hogging Workers’ Wages?

Some of the most respected economists in the world are telling Americans their employers have been taking an increasing share of their earnings over the past four decades. The truth is a bit more complex.

Posted on Apr 9, 2014 READ MORE



Obama Urges Congress to Increase the Minimum Wage

Against opposition in the House and Senate, the president on Saturday lent his voice to the cause of increasing the federal minimum wage from $7.25 to $10.10 an hour.

Posted on Mar 8, 2014 READ MORE



Yikes! Some Crocodiles Can Apparently Climb Trees

According to a group of scientists, some species of the dreaded reptile can be found up trees; several vintage cars were swallowed by a sinkhole at the National Corvette Museum; meanwhile, rich people make a large chunk of their money from investments, not wages. These discoveries and more after the jump.

Posted on Feb 13, 2014 READ MORE


Minimum Wage









Posted on Feb 13, 2014 ENLARGE



Brave New Films (CC BY 2.0)

Black Friday Protests Against Wal-Mart Begin

Thousands of Wal-Mart workers and their union supporters are staging protests across the United States against the company’s practice of keeping its employees poor.

Posted on Nov 29, 2013 READ MORE



Bob Jagendorf (CC BY 2.0)

A Lesson for Future Presidents and Children

The No. 1 problem we face is inequality, and the beginning of a new school year is the appropriate moment to ask what role education plays. Are schools part of the solution or are they part of the problem?

Posted on Sep 19, 2013 READ MORE



DonkeyHotey (CC BY 2.0)

American Unions’ Troubles Could Be Fueling a Resurgence in Labor Activism

As the nation’s union structures crumble, the stage is set for labor unrest similar to what came during the Great Depression. The reason: reduced mechanisms for mediating grievances as income equality grows.

Posted on Sep 1, 2013 READ MORE


Minimum Wage









Posted on Aug 19, 2013 ENLARGE



Walmart Corporate (CC BY 2.0)

Walmart Bosses: Time for a Decision

Walmart is feeling some heat with the rising demand for increasing the stagnant federal minimum wage finally coming from Washington, backed by over 70 percent of the people in polls.

Posted on Mar 14, 2013 READ MORE


The Contest Over the Real Economic Problem

The biggest problems we face are unemployment, stagnant wages, slow growth and widening inequality—not deficits. The major goal must be to get jobs and wages back, not balance the budget.

Posted on Mar 14, 2013 READ MORE



Flickr/401(K) 2013

Why Consumers Are Bummed Out

The Conference Board reported Tuesday that the preliminary January figure for consumer confidence in the U.S. fell to its lowest level in more than a year. So why are consumers so glum? Because they’re deeply worried about their jobs and their incomes—as they have every right to be.

Posted on Jan 30, 2013 READ MORE


Why Is Washington Obsessing About the Deficit and Not Jobs and Wages?

It was the centerpiece of the president’s re-election campaign. Every time Republicans complained about trillion-dollar deficits, he and other Democrats would talk jobs. That’s what Americans care about—jobs with good wages. So why, exactly, is Washington back to obsessing about budget deficits?

Posted on Dec 16, 2012 READ MORE


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