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Home » Archives by category » The Economy (Page 31)
‘Olive Garden’ Company Sees Steep Sales Drop After Fighting Obamacare
28/01/2013 Comments Off on ‘Olive Garden’ Company Sees Steep Sales Drop After Fighting Obamacare
Darden Restaurants, the company that owns the Red Lobster and Olive Garden chains, saw its net income plunge by 37% in the wake of bad publicity about its policies regarding the Affordable Care Act, also known as Obamacare. According to the Associated Press, “revamped menus and new ad campaigns” fell flat as the corporate giant […]
Continue reading …In U.S. Unemployed Far Outnumber Job Openings In Every Sector
23/01/2013 Comments Off on In U.S. Unemployed Far Outnumber Job Openings In Every Sector
Slack demand for American workers seems to be at the root of lack of new job openings in the United States and not a purported “skills gap,” a new economic analysis shows.. This low demand for demand for American workers is somewhat conspicuous in light of what appears to be an economic recovery. As many […]
Continue reading …HMO-Like Plans Make Comeback In Online Health Care Insurance Markets
23/01/2013 Comments Off on HMO-Like Plans Make Comeback In Online Health Care Insurance Markets
By JULIE APPLEBY KHN Staff Writer— It’s back to the future for insurers, which plan to sharply limit the choice of doctors and hospitals in some policies marketed to consumers under the health care law, starting next fall. Such plans, similar to the HMOs of old, fell into disfavor with consumers in the 1980s and 1990s, […]
Continue reading …Rise Of Middle Class Jobs In The Developing World Could Spur Growth
22/01/2013 Comments Off on Rise Of Middle Class Jobs In The Developing World Could Spur Growth
ILO News- The number of middle class workers in the developing world has risen sharply during the past decade, potentially creating a much-needed boost to future growth and consumption in these economies. New figures in the ILO’s Global Employment Trends 2013 show that 42% of workers in developing countries – nearly 1.1 billion workers – […]
Continue reading …Global Unemployment Rising Again But With Big Regional Differences
22/01/2013 Comments Off on Global Unemployment Rising Again But With Big Regional Differences
ILO News– Global unemployment rose in 2012 after falling for two straight years and could further increase in 2013, the International Labour Organization (ILO) has warned in a new report A quarter of the increase in global unemployment in 2012 has been in the advanced economies, while three quarters has been through spillovers into other […]
Continue reading …Walmart Added To Lawsuit Alleging Wage Theft At California Warehouse
15/01/2013 Comments Off on Walmart Added To Lawsuit Alleging Wage Theft At California Warehouse
By JIM MORRIS, Center for Public Integrity—A federal judge ruled Thursday, Jan. 10, 2013, that Walmart can be added to a lawsuit alleging widespread wage theft at a Southern California warehouse. Lawyers for contract workers at the Schneider Logistics warehouse in Mira Loma, Calif. – whose sole customer is Walmart – had moved to add the retailer to […]
Continue reading …Patients’ Share Of Health Care Spending Is Shrinking
14/01/2013 Comments Off on Patients’ Share Of Health Care Spending Is Shrinking
By JAY HANCOCK, KHN Staff Writer— Consumer-driven medical spending may be the second-biggest story in health care, after the Affordable Care Act. As employers give workers more “skin in the game” through higher costs from purse and paycheck, the thinking goes, they’ll seek more efficient treatment and hold down overall spending. But consumers may not […]
Continue reading …Another JOLTS And Still Not Enough Job Openings, EPI Study Shows
11/01/2013 Comments Off on Another JOLTS And Still Not Enough Job Openings, EPI Study Shows
By HEIDI SHIERHOLZ, Economic Policy Institute— The November Job Openings and Labor Turnover Survey (JOLTS), released Jan. 10, 2013 by the Bureau of Labor Statistics, shows job openings were essentially flat in November, at 3.7 million (up by 11,000). The number of job openings, which had been improving fairly steadily since reaching its low of 2.2 million in […]
Continue reading …Public Health Care Spending Falls For First Time
07/01/2013 Comments Off on Public Health Care Spending Falls For First TimeBy JAY HANCOCK, Kaiser Health News— Policymakers took heart from another year of relatively slow public health care spending growth in 2011, documented by government statisticians and disclosed in a report released Monday, January 7, 2012. But one aspect of moderating public health expenditures — and the only category showing outright decline — could cost more than it saves. Hit by recession […]
Continue reading …Wages Shrink Worldwide, Workers Getting A Smaller Slice Of The Pie
04/01/2013 Comments Off on Wages Shrink Worldwide, Workers Getting A Smaller Slice Of The Pie
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 …- Celebrating the Resilience of Low-Income Women
- CEOs Get to Retire Comfortably. Workers Like Me Deserve the Same.
- Jobs Increased 339,000 In May, Unemployment Up 0.3% To 3.7%
- The decline of job creation at new establishments
- Contractor faces 2 serious citations after US Department of Labor finds safety failures led to welder’s death at Bonner Bridge demolition project
- Investigation into worker’s severe arm injury finds Cusseta auto parts manufacturer, supplier willfully ignored safety precautions
- ‘It’s a sweat factory’: Instacart workers ready to strike for pay and conditions
- Ships backed up outside US ports pumping out pollutants as they idle
- Privacy fears as Moscow metro rolls out facial recognition pay system
- ‘We are not machines’: Hollywood workers poised to strike for better conditions
- Boeing pilot indicted for allegedly deceiving US regulators over 737 Max
- Ipswich apprentice butcher encourages others to consider industry
- Ipswich apprentice butcher encourages others to consider industry
- Over 10,000 John Deere workers strike over ‘years’ of poor treatment
- Corporations are pledging to be ‘water positive’. What does that mean?
- US Department of Labor investigation of crane collapse, double fatality on Interstate 10 finds Lufkin company failed to assemble crane properly
- For the 6th time in 7 years, federal inspectors find Illinois contractor putting construction workers at risk of industry’s deadliest hazard
- US Department of Labor proposes $83K in fines to healthcare facility for failing to protect workers from coronavirus hazards
- Facebook says it will do more to prevent online hate, harassment
- As U.S. prepares to reopen border, some urge Canada to relax testing requirement
- Biden orders companies to ease supply chain bottlenecks or he’ll ‘call them out’
- What is the ‘new model’ the EU is proposing for Northern Ireland?
- Apple to make 10 million fewer iPhones due to microchip shortage
- US Department of Labor, Mexican Consulate in Boston enter alliance to promote workplace safety, health among New England’s workers
- US Department of Labor sues Austin luxury car dealer that retaliated against employee who raised concerns of coronavirus hazards
- Vaccine hesitant New Yorkers consider leaving the city as mandates take effect
- Carbon emissions ‘will drop just 40% by 2050 with countries’ current pledges’
- House passes bill to raise US debt ceiling through early December
- ‘The stakes couldn’t be higher’: GE urged to invest in green US jobs
- Zellers returns — kind of — but the lowest price isn't quite the law
- Cement makers across world pledge large cut in emissions by 2030
- India faces electricity crisis as coal supplies run critically low
- California justice department to investigate enormous oil spill