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Video: How Much Would Prices Go Up If Walmart Paid a Living Wage? [iframe id=”https://www.youtube-nocookie.com/embed/vAcaeLmybCY” align=”center” mode=”normal” autoplay=”yes” maxwidth=”640″]
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 …GENEVA (ILO News) – Global wage growth slowed in 2013 to 2%, compared with 2.2% in 2012, according to the ILO’s Global Wage Report 2014/15. Wage growth has yet to catch up to pre-financial crisis rates of about 3%, the report found. Even this modest growth in global wages was driven almost entirely by emerging G20 economies, where […]
Continue reading …By Emily Schwartz Greco and William A. Collins – The Great Recession leveled a blow to the middle and working classes from which they haven’t yet recovered. Given that labor’s pay and prestige in America peaked in the 1960s, this isn’t exactly new. Still, it’s time that all our leaders took this challenge more seriously. After all, we don’t just […]
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 Kara Brandeisky and Jeremy B. Merrill, ProPublica- Two years after the U.S. Department of Labor announced its intent to crack down on unpaid internships, a federal investigator called a final meeting with the biggest offender the agency had found: an outdoors magazine based in Santa Fe, N.M. The investigator reported interns at Outside magazine had […]
Continue reading …For Now, Jobs Remain Scarce — But an Aging Population and the Recession’s Aftermath Are Poised to Create Widespread Labor Shortages and an Historic “Seller’s Market” for Skilled Workers American workers have endured six years of depleted wealth, stagnant wages, and general insecurity. But their fortunes are about to change, according to a surprising new […]
Continue reading …Economic Policy Institute Analysis: Time To Raise The U.S. Minimum Wage Analyzing the recent federal minimum wage proposals: $10.10, $9.00, and $9.80– Raising the minimum wage to $10.10 would give working families and the economy a much-needed boost An in-depth analysis of the impact raising the federal minimum to $10.10 would have, detailing the demographic breakdown of […]
Continue reading …The so-called shortage of U.S. workers in science, technology, engineering and math (STEM) fields may be creation of multi-national companies that want to keep wages low. Contrary to many industry claims, the study finds that U.S. colleges and universities provide an ample supply of highly qualified science, technology, engineering and math (STEM) graduates. In new […]
Continue reading …By Philippe Egger, Director, ILO Bureau of Programming and Management– Unlike several other disciplines, economics is far from being an exact science. It is often hard to find clear answers about basic economic facts and trends. Take wages, for instance. Half of all employed people rely on wages for a living. These wages tend to reflect […]
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