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Your 401(k) has retirement savings plan been costing you money. How much? Until now it was difficult, if not impossible to tell for sure. Now, for the first time, you can find out exactly how much you are paying for 401(k) plan. The U.S. Department of Labor’s Employee Benefits Security Administration has announced a new […]
Continue reading …How well is the American economy providing acceptable growth in living standards and income for most households? Economic Policy Institute’s The State of Working America, 12th Edition looks broadly at available data and concludes that the answer is simply “not well at all.” This is not because the economy has failed to grow, on average. […]
Continue reading …The U.S. subsidiary of business process outsourcing firm Hinduja Global Solutions (HGS) is buying the health care back office business of Deloitte Consulting Extended Business Services. HGS expects to expand its outsourcing services to U.S. hospitals. The business that HGS is buying consists of accounts receivable processing services and insurance eligibility verification services. Hinduja Global […]
Continue reading …Ford will add 1,200 new hourly jobs and invest $555 million to equip a new state-of-the-art body and paint shop capable of producing multiple vehicles at its plant in Flat Rock, Michigan. Ford is taking over management the former AutoAlliance International plant and is upgrading the Flat Rock Assembly Plant to include a state-of-the-art, fully […]
Continue reading …By Wendy Wang, Pew Research Center–Americans believe that having a secure job is by far the most important requirement for being in the middle class, easily trumping homeownership and a college education, according to a new nationwide Pew Research Center survey of 2,508 adults. Nearly nine-in-ten adults (86%) say a person needs a secure job […]
Continue reading …By Wendy Wang, Pew Research Center– The value Americans place on having a secure job is underscored by findings from the same Pew Research survey that show that losing a job is associated not just with economic difficulties, but also with stress and unhappiness. In the Pew Research survey, 15% of respondents said they lost their job […]
Continue reading …America’s labor force was more youthful than usual this summer. More kids had summer jobs in the United States during July 2012, the U.S. Bureau of Labor Statistics reported 21 August 2012. Youth employment in the United States rose by 2.1 million to 19.5 million. The youth labor force -16- to 24-year-olds working or actively looking […]
Continue reading …The first day of May commemorates commemorates International Workers’ Day, also known as May Day, and is a national holiday in more than 80 countries and observed unofficially in numerous other nations. The day is of special significance to international labor and left-wing movements, but the holiday has it roots in a violent massacre that […]
Continue reading …What is now a day off in the United States was born directly out of the deaths of workers at the hands of their employers and the government. Labor Day in the United States was first observed on 5 Sept. 1882, by the Central Labor Union of New York. Labor Day as a national holiday was […]
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