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By Michael Grabell ProPublica, Sept. 13, 2016 — A national campaign to rewrite state laws and allow businesses to decide how to care for their injured workers suffered a significant setback Sept. 13, 2016, when the Oklahoma Supreme Court ruled that Oklahoma’s version of the law is unconstitutional. The 2013 legislation gave Oklahoma employers the ability […]
By TARA SIEGEL BERNARD — About 1.7 million people lose their jobs every month, creating a hugely stressful situation and requiring potentially life-altering choices. Beyond the emotional toll, many individuals agonize over potentially life-altering financial decisions, including how best to manage any money they may be going out the door with. Source: The New York Times – The […]
Continue reading …By HIROKO TABUCHI — Even with the wage increases the chain recently announced, Walmart workers often do not get enough hours to make ends meet, leaving them in a precarious financial state. Read more about Walmart workers at the source: The New York Times – The New American Job Newsfeed What raises mean for Walmart Workers – […]
Continue reading …Caracas, Venezuela, is simultaneously the world’s most expensive and the cheapest city for expatriate workers – depending on the exchange rate you use, according to the latest Cost of Living survey by ECA International. ECA International is a leading provider of knowledge, information and technology for the management and assignment of employees around the world. […]
Continue reading …Prior to the recent slide in the stock market, American investors’ mood remained fairly upbeat this quarter, with the Wells Fargo/Gallup Investor and Retirement Optimism Index coming in at +48 in mid-November, similar to the +46 reading in August. While still far from the +178 high point recorded in early 2000, the index is notably […]
Continue reading …Real average hourly earnings rose 0.6% in November, seasonally adjusted, according to the Bureau of Labor Statistics. Average hourly earnings increased 0.4% and the CPI-U decreased 0.3%. Real average weekly earnings increased 0.9% during the month. Source: Real Earnings [subscribe2]
Continue reading …Far more women than men have jobs paying minimum wage or less, according to U.S. Bureau of Labor Statistics data analyzed by the Pew Research Center. More than half the U.S. workforce is male at 53%. But of those who earning minimum wage or less, 62% are women and 38% are men, according to the study. According […]
Continue reading …By Jay Hancock, Kaiser Health News staff writer– More than eight million people have signed up for private, often subsidized health insurance under Affordable Care Act, President Obama said in April. Millions more obtained new coverage through the Medicaid program for the poor. Full implementation of the health law, care and its wider coverage, new taxes and shifting subsidies, […]
Continue reading …By Stephanie O’Neill, KPCC/KHN, LONG BEACH, Calif. — Until recently, Mike Smith, 64, worked 11 hours a day, Monday through Friday and then half a day on Saturday, as a district manager for a national auto parts chain — a schedule he’s kept for nearly 40 years. Early retirement, while certainly appealing, wasn’t a viable option for […]
Continue reading …Retired Americans rely on Social Security as a major source of income By Rebecca Riffkin, Gallup Prior to the Great Recession, most Americans planned to rely on a 401(k), IRA, Keogh, or other retirement savings account when they retire. Today, 48% of Americans say they would rely on a 401(k) account in retirement — a […]
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