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Small business isn’t hiring: That’s one reason the U.S. employment situation isn’t improving. Nobody wants to hire new employees if they don’t have to. Small business owners lack the confidence the current state of the economy to take on new employees. Many businesses are also operating with fewer employees, having been forced to do so in […]
Continue reading …The Pension Benefit Guaranty Corporation (PBGC) will assume benefit payments for more than 9,500 workers and retirees from two of Hawker Beechcraft, Inc.’s pension plans under a bankruptcy court agreement announced Thursday, Jan. 31, 2013. The settlement also includes $2.5 million to those salaried retirees whose benefits exceed those paid by PBGC under rules set […]
Continue reading …It’s been a tough decade for America’s middle class, those middle-income workers who shoulder most of the burden for keeping the economy humming by reliably earning and consuming. These stark assessments are based on findings from an August 2012 Pew Research Center survey that included 1,287 adults who describe themselves as middle class. Similar shares of whites […]
Continue reading …This probably comes as no surprise: New college graduates are embracing social media as a job search tool, according to a new study conducted by the National Association of Colleges and Employers (NACE). A generation that grew up with Facebook and instant messaging is now graduating from college and looking for work — using social […]
Continue reading …ILO News– Workers’ share of national income has been shrinking in most countries, causing public dissatisfaction and increasing the risk of social unrest, the International Labour Organization (ILO) has said in a new report. “It has affected perceptions of what is fair, particularly given the huge payments some company executives have been getting,” said Patrick Belser, […]
Continue reading …ILO News– Wage growth remains far below pre-financial crisis levels globally and has fallen into the red in developed countries, despite continuing increases in emerging economies, according to an International Labour Organization (ILO) report. Global monthly wages* grew by 1.2% in 2011, down from 3% in 2007 and 2.1% in 2010, the Global Wage Report 2012/13 says. […]
Continue reading …From the Pew Research Center for the People and the Press— Americans are hearing less negative news about the nation’s economy than they were just a month ago. Perceptions of news about other economic sectors – notably, the job situation – have improved as well. Most Americans continue to hear a mix of good and […]
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