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Tag: Wages


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

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Posted on Feb 13, 2014 READ MORE



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

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Posted on Aug 19, 2013 READ MORE



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


unemployment office
Flickr / clementine gallot (CC-BY)

More Jobs, Lousy Wages, and the Desertion of Non-College White Men From the Democratic Party

The two most important trends, confirmed in Friday’s jobs report from the Bureau of Labor Statistics, are that (1) jobs slowly continue to return, and (2) those jobs are paying less and less.

Posted on Nov 2, 2012 READ MORE



Flickr / edEx

Employment Numbers Get an Unexpected Bump in January

The first month of 2012 turned out to be the best in three years in terms of the ongoing unemployment crisis in the U.S. Although 8.3 percent is nothing to get too excited about, it was supposed to tally up at 8.5 percent for January, so we’ll take it. 

Posted on Feb 3, 2012 READ MORE



Flickr / Mel R

U.S. Income Levels Plunged as Recession Lifted

More interesting, perhaps, than this New York Times article’s proffered data on falling household incomes and the reasons for same is its official timeline for our nation’s most recent recession: “ … From December 2007 to June 2009.” (more)

Posted on Oct 10, 2011 READ MORE



Flickr / washington_area_spark

Unions and Inequality by the Numbers

The precise effects of the broad deunionization of the American workforce since the 1970s are difficult to quantify, but a recent paper from the American Sociological Review has made an effort anyway. The study found that in addition to raising the income of union laborers ... (more)

Posted on Aug 7, 2011 READ MORE



Photo illustration from an image by Colin Grey

The Power Behind a Clean Energy Future

This week on Truthdig Radio in collaboration with KPFK: Why a battery breakthrough is the key to our clean energy future; how boosting the minimum wage could lift the economy; we check in with immigration; and Robert Scheer talks about the sinful love between the tea party and Goldman Sachs. Also: On the ground in Gaza.

Posted on Jul 6, 2011 READ MORE


The Power Behind a Clean Energy Future

This week on Truthdig Radio in collaboration with KPFK: Why a battery breakthrough is the key to clean energy; how boosting the minimum wage could lift the economy; we check in with immigration; and Robert Scheer talks about the sinful love between the tea party and Goldman Sachs. Also: On the ground in Gaza. Update: Full transcript.

Posted on Jul 6, 2011 READ MORE



Flickr / Kheel Center, Cornell University

What’s Germany’s Secret?

In the decades immediately following World War II, U.S. wages steadily rose in step with productivity at a time when one-third of American workers belonged to labor unions. Today, union membership stands at 7% and wages are in decline, and conservatives are saying the two aren’t connected. (more)

Posted on Jun 16, 2011 READ MORE



Flickr / ninahale

Some Factory Jobs Return, Paying a Whole Lot Less

Unemployed American workers are glad to see factory jobs returning, but they’re finding that the pay is drastically lower now, the result of a global race to the bottom for cheap labor. (more)

Posted on May 18, 2011 READ MORE



Niall Kennedy: Some rights reserved

Whose Side Is The New York Times On?

As if dealing with the many known enemies of government workers is not enough, state employees in New York now also have to contend with the old gray lady herself, The New York Times. (more)

Posted on Mar 14, 2011 READ MORE


wallet
Flickr / Thirteen of Clubs

Oh, How the Wages Have Fallen

Most Americans have caught on by now that the economic implosion that rocked the national and global economy over the past two years hasn’t meant good things for their personal finances.  (continued)

Posted on Jul 8, 2010 READ MORE



Flickr / Kai Henry (CC-BY)

You Need a Raise

The theories on which we base wages are highly flawed—and so is your paycheck.

Posted on May 31, 2010 READ MORE



youtube.com

Greeks Take to the Streets

Thousands of angry Greeks took to the streets on May Day, protesting a wave of wage cuts, tax increases and pension reductions implemented to deal with the country’s growing debt crisis.

Posted on May 1, 2010 READ MORE


Kenneth Lewis
bloomberg.com

Slapping the Pay Cuffs on Execs

Amending current TARP rules and regulations, President Obama is expected to put a $500,000 cap on executive salaries at companies that receive large amounts of bailout funds. It would mean major pay cuts for the likes of Bank of America CEO Kenneth Lewis, who took home more than $20 million in 2007.

Posted on Feb 4, 2009 READ MORE


Ignoring Our Economic Achilles’ Heel

While the president and Congress consider a cure for the Bush economy, they should look to the root of the problem: stagnant incomes.

Posted on Jan 22, 2008 READ MORE


Stephen Colbert

Stephen Colbert Endorses Child Labor

The pseudo-pundit argues that the best way to leave no children behind is to put them to work.

Posted on Apr 6, 2007 READ MORE


skin shade
original: booster.co.il / alteration by Peter Scheer

Lighter Skin Pays Off for Immigrants in U.S.

A new study of thousands of immigrants found that those with lighter skin earned more money than immigrants of similar background whose skin was darker. “On average, being one shade lighter has about the same effect as having an additional year of education,” the study’s author said.

Posted on Jan 26, 2007 READ MORE


John Roberts
law.com

Chief Justice Wants More Money

Chief Justice John Roberts made judicial pay the sole focus of his annual report, calling for a “substantial salary increase” for federal judges. Federal district judges currently earn the same amount as members of Congress—$165,200 a year.

Posted on Jan 1, 2007 READ MORE


Marie Cocco: The Pretense About Jobs

When it pays better to be old and retired than young and working, we can no longer indulge Bush’s fantasy that the economy is on the right track.

Posted on Sep 5, 2006 READ MORE


sweatshop
latinamericanstudies.org

Overworked Laborers’ Day?

OK, we had to do it. Some snippets from a focus on the daily grind by the Washington Post:

  • The Pew Research Center: “Americans believe that workers ... are worse off now than a generation ago—toiling longer and harder for less in wages and benefits, for employers who aren’t as loyal ... in jobs that aren’t as secure.”
  • The Economic Policy Institute’s “State of Working America 2006/2007”: Productivity may have boomed in recent years, but family incomes have stalled.
  • Peter D. Hart Research for the AFL-CIO repeats this pessimistic drumbeat: Fifty-five percent of Americans said their incomes were not keeping up with inflation; 38% predicted that the economy would worsen in the coming year.


  • Also, the origins of Labor Day, My Bad Boss Contesta four-day workweek, labor statistics, quality of life, undocumented workers’ rights.  More labor links? Put ‘em here….

    Posted on Sep 4, 2006 READ MORE


    Working Moms-to-Be: It’s Even Worse Than You Thought

    You’ve heard that having a child sets you back seven years in the workplace? Well, according to a new study, a woman’s wages never fully recover—even after the child leaves home. | story

    Posted on Jan 20, 2006 READ MORE


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