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Predatory Payday Lenders: On Victory Drive, Soldiers Defeated By Debt
By Paul Kiel and Krista Kjellman Schmid, ProPublica, and Mitchell Hartman, Marketplace– Seven years after Congress banned payday-loan companies from charging exorbitant interest rates to service members, many of the nation’s military bases are surrounded by storefront lenders who charge high annual percentage rates, sometimes exceeding 400%. The Military Lending Act sought to protect service members [...]
By JAKE BLUMGART, AlterNet— Don’t get too comfy at your desk, your job might not be as secure as you think. Anecdotal reports from labor lawyers and a few polls show that most Americans believe their bosses must have a good reason to kick them to the curb. We labor under the illusion of what [...]
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By VICKIE ELMER— Bosses’ requests can be bizarre – and occasionally illegal. Take for example, the boss who asked a co-worker to spy on senior management. Or the one who asked to have her dog’s toenails clipped. Then there’s the one who asked a colleague to serve as a surrogate mother for his child. All [...]
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This article on wage theft is part of an ongoing AlterNet series, “The Age of Fraud.“ By LYNN STUART PARRAMORE, AlterNet— Imagine you’ve just landed a job with a big-time retailer. Your task is to load and unload boxes from trucks and containers. It’s backbreaking work. You toil 12 to 16 hours a day, often without [...]
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When President Kennedy signed the Equal Pay Act into law in 1963, women were earning an average of 59 cents on the dollar compared to men. While women hold nearly half of today’s jobs, and their earnings account for a significant portion of the household income that sustains the financial wellbeing of their families, they [...]
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A must-read for Equal Pay Day, the American Association of University Women (AAUW) has published its annual pay gap analysis, The Simple Truth about the Gender Pay Gap, complete with charts on the gender pay gap broken down by state, race/ethnicity, education, and age. The analysis shows that one of the widest pay gap disparities is [...]
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A new analysis of U.S. Census Bureau data shows the gender-based pay gap hurts women and families in every single U.S. state and all of the nation’s major metropolitan areas. Nationally, women with full-time jobs are paid 77 cents for every dollar paid to men who hold full-time jobs, according to the study conducted by [...]
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ILO News— Sisandra, 28, understands all too well the impact of sexual harassment in the workplace. As a telecommunications technician in Durban, South Africa, she works in a male-dominated environment. “My executive manager came to the office and asked for my number and I gave it to him. I did not ask him why he [...]
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Clean power generation equipment maker Bloom Energy was caught cheating workers it imported from Mexico to Silicon Valley, paying them far below minimum wage. Sunnyvale, Calif.-based Bloom Energy Corp. has been ordered to pay $31,922 in back wages and an equal amount in damages to 14 workers that the company imported from Chihuahua, Mexico, to [...]
Continue reading …Are you one of the many workers who has been or may become subject to abusive bosses at some point in their working lives? HR studies reveal that a half or more of all workers may be subject to abusive bosses during their careers.[1] That is more than 65 million workers, a huge number that [...]
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