Staff / TruthdigMay 18, 2011
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) Dig deeper ( 1 Min. Read )
Moshe Adler / TruthdigMar 15, 2011
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) Dig deeper ( 2 Min. Read )
Staff / TruthdigNov 30, 2010
In his latest bid to chip away at our nation's trillion-dollar deficit, President Obama announced a new proposal Monday to freeze civilian federal employees' salaries for the next two years, pointing to the need for all Americans to "sacrifice" . Dig deeper ( 1 Min. Read )
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Staff / TruthdigJul 9, 2010
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) Dig deeper ( 1 Min. Read )
Staff / TruthdigMay 1, 2010
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. Dig deeper ( 1 Min. Read )
Staff / TruthdigFeb 4, 2009
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. Dig deeper ( 1 Min. Read )
Staff / TruthdigAug 1, 2008
Amid a state budget standoff, California Gov. Arnold Schwarzenegger has ordered that some 200,000 state workers receive only the federal minimum wage. That's a $1.45-per-hour cut from California's minimum wage. But the man who issues the checks, the state controller, says he will refuse to follow the order and, if necessary, will borrow funds to maintain present pay rates. Dig deeper ( 1 Min. Read )
Marie Cocco / TruthdigJan 22, 2008
While the president and Congress consider a cure for the Bush economy, they should look to the root of the problem: stagnant incomes. Dig deeper ( 3 Min. Read )
Staff / TruthdigJan 27, 2007
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. Dig deeper ( 1 Min. Read )
Staff / TruthdigJan 1, 2007
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. Dig deeper ( 2 Min. Read )
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