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College Graduates Starting Salaries Class Of 2020 Up Despite The Pandemic
BETHLEHEM, PA — College graduate starting salaries for the Class of 2020 college graduates rose 2.5 percent to $55,260 compared with the Class of 2019, despite the pandemic, according to a new report from the National Association of Colleges and Employers (NACE). NACE’s Summer 2021 Salary Survey shows a gain of 8.5% percent from the […]
CEO pay 351 times more than the typical worker CEO compensation soars while millions were jobless due to the pandemic-driven recession in 2020. CEO compensation at the top 350 U.S. firms grew 18.9% to $24.2 million on average, according to a new EPI analysis. Meanwhile, typical worker compensation rose 3.9% in 2020. But this wage growth is overstated: high job loss among low-wage workers skewed the average wage higher. […]
Continue reading …Minimum Wage Lost 21% Of Its Value Since Congress Last Raised It In 2009
28/07/2021 Comments Off on Minimum Wage Lost 21% Of Its Value Since Congress Last Raised It In 2009
By Ben Zipperer, Working Economics Blog, Economic Policy Institute After the longest period in history without an increase, the federal minimum wage today is worth 21% less than 12 years ago — and 34% less than in 1968. Saturday marked 12 years since the last federal minimum wage increase on July 24, 2009, the longest […]
Continue reading …If the Minimum Wage Grew As Much As A Wall Street Bonus Since 1985, It Would Be $44 Today
22/07/2021 Comments Off on If the Minimum Wage Grew As Much As A Wall Street Bonus Since 1985, It Would Be $44 Today
The 2020 bonus pool for 182,100 securities industry employees could pay for more than 1 million jobs at a $15 minimum wage for a year. March 29, 2021By Sarah Anderson Originally in Inequality.org While low-wage workers are still waiting for a raise in the minimum wage, Wall Street employees enjoyed a 10 percent bump in […]
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Oklahoma’s Top Court: Companies Can’t Set Own Rules For Injured Workers
21/09/2016 Comments Off on Oklahoma’s Top Court: Companies Can’t Set Own Rules For Injured WorkersBy 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 […]
Continue reading …Making Financial Decisions When You Lose Your Job
27/02/2015 Comments Off on Making Financial Decisions When You Lose Your Job
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 …Walmart Workers – With Raises For Some More Hours Is Next Goal
25/02/2015 Comments Off on Walmart Workers – With Raises For Some More Hours Is Next Goal
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 – From […]
Continue reading …Expatriate Workers – The 50 Most Expensive Cities Worldwide
19/12/2014 Comments Off on Expatriate Workers – The 50 Most Expensive Cities Worldwide
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 …Real Average Hourly Earnings Up 0.6% In November
17/12/2014 Comments Off on Real Average Hourly Earnings Up 0.6% In November
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 …- 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