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After a surprising decline of 0.5% in March, little recovery in retail buying in April reflects a lack of growth in spending power, a delayed impact of the higher payroll tax rate, and continued concern about the negative impact of the sequester. The combined fiscal drag from the increased payroll tax rate and sequester spending […]
Continue reading …AlterNet— A new movement of fast food workers demanding better wages and the right to unionize spread this week to St. Louis and Detroit, bringing the total number of such actions to four in five weeks. Similar strikes occurred last month in New York and Chicago. As during the strike in New York, we’ve put together […]
Continue reading …By LAURA CLAWSON, Daily Kos Labor— May 8 and 9, fast food strikes have hit St. Louis, with workers at a Jimmy John‘s and a McDonald’s walking out Wednesday evening and workers at more restaurants Thursday morning. New York fast food workers staged a one-day strike on April 4. Chicago fast food and retail workers […]
Continue reading …By METEOR BLADES, Daily Kos Labor— The Department of Labor reported Thursday, May 9, 2013, that seasonally adjusted, first-time applications for unemployment compensation fell again. For the week ending May 4, claims fell to 323,000, down 4,000 from the previous week’s revised figure of 327,000, originally reported as 324,000. For the comparable week of 2012, 366,000 jobless […]
Continue reading …ILO News– Two thirds of working age youth in some developing countries are either unemployed or trapped in low-quality jobs, according to the ILO Global Employment Trends for Youth 2013 report. In six of the ten countries surveyed, more than 60% of young people are either unemployed, working but in low quality, irregular, low wage jobs, often […]
Continue reading …The GOP-created political folly that is the federal budget sequester is even affecting the weather. NOAA is proposing four sequester-related furlough days for workers across the agency, including the National Weather Service. “…we are entering into national consultations with the labor unions that represent some of the NOAA workforce regarding implementation of up to four days of […]
Continue reading …Job growth for women improved in April compared to the previous month, according to an Institute for Women’s Policy Research (IWPR) analysis of the Bureau of Labor Statistics (BLS) May employment report. Of the 165,000 total jobs added to nonfarm payrolls, women gained 117,000 jobs, 71%. Job growth was slower for men. Men gained 48,000 jobs, […]
Continue reading …By ELISE GOULD, Economic Policy Institute— The March Job Openings and Labor Turnover Survey (JOLTS), released May 7, 2013, by the Bureau of Labor Statistics, shows job openings fell slightly in March to 3.8 million, a decrease of 55,000 since February. While job openings are similar to where they were about five years ago as the economy was […]
Continue reading …ILO News– Despite some regional differences, the global youth unemployment rate continues to rise and is projected to reach 12.8% by 2018 – wiping out the gains made at the start of the economic recovery, according to the ILO’s Global Employment Trends for Youth 2013 report. Behind this worsening figure is an even more worrying picture, revealing […]
Continue reading …Having a change of heart after predicting more robust hiring, employers now say they expect their college hiring levels to remain relatively flat, according to a new report from the National Association of Colleges and Employers (NACE). Employers taking part in NACE’s Job Outlook Spring Update survey say they will hire 2.1% more new college […]
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