via businessinsider: For now, the coming “labor shortage” is good news for workers. We should root for it to continue. It’s undoubtedly a headache for some owners and managers. But it’s one they should, hopefully, be made to live with for …
by David Haggith No, the Trump tax breaks for major corporations are not going to bonuses and wage increases. Sure we’ve seen some token $1,000 bonuses go out to laborers with hyuge orchestrated fanfare. The stint of articles you saw all over …
by howmuch We recently released a new visualization highlighting companies with the largest pay gaps between their CEOs and their average worker. The latest SEC rule requiring companies to publish these figures doesn’t always mean that a company is put in a negative light. …
by Antonius Aquinas Fed Chair Jerome Powell apparently doesn’t see the pernicious effects of inflation At one time, the Federal Reserve’s sole mandate was to maintain stable prices and to “fight inflation.” To the Fed, the financial press, and most everyone …
by howmuch A few years back, the SEC passed a rule forcing publicly traded companies to disclose the ratio between CEO compensation and median worker pay. Many observers thought the rule would go away with President Trump’s election, but they were wrong—companies are now …
Why is the Government subsidizing billionaires? Don’t forget his sweetheart contracts with the 3 letter Gov agencies and his friends on capital hill that protect him…. all while running a company that hardly ever makes a profit. via time: Amazon founder and …
The rising wages also give employees a greater share of the productivity gains achieved by adding many robots to Amazon’s warehouses. The rising wages for warehouse workers is a financial problem for Jeff Bezos, whose Amazon retail empire employs a reported workforce of …
by COMPUTER1313 via Bloomberg: …drillers, service providers and trucking companies have been poaching in all corners, recruiting everyone from police officers to grocery clerks. So many bus drivers with the Ector County Independent School District in nearby Odessa quit for the …
by DCG Bill sponsor Phil Ting wearing his Planned Parenthood fighting gloves. What could possibly go wrong? From Yahoo: Lawmakers in the California Assembly voted Monday to advance a bill that would authorize employers, co-workers and school personnel to request the temporary confiscation …
from Zero Hedge Well that escalated fast: one month after Bloomberg reported that Deutsche Bank would cut 1,000 jobs in the US, roughly 10% of its total US labor force, as part of new CEO Christian Sewing’s restructuring process, the WSJ this morning …
by howmuch Tax season has finally come and gone, and by now most Americans have either gotten their refund or established a payment plan for taxes owed to the government. Here’s a nice thought experiment: go back and look at …
Last year an American company microchipped dozens of its workers. In a “chip party”, employees lined up to have a device implanted under the skin between their thumb and forefinger. At first, Todd Westby, the CEO of Three Square Market, …
‘Store count isn’t everything,’ CEO Suzanne Greco says Sandwich maker has plans for U.K., China, India, Latin America Subway Restaurants, the world’s most ubiquitous dining chain, will continue closing U.S. stores as it expands internationally. After peppering the nation with …
by Dr. Eowyn Amazon founder Jeff Bezos, who also owns the Washington Post, may be the world’s richest person, with a net worth of about $112 billion. But workers in his warehouses are so desperate to keep their jobs that they don’t …
Teachers, first responders, restaurant workers and, surprisingly, computer programmers have the hardest time affording a home near their jobs. Real estate listing company Trulia defines affordability as one’s monthly payment on housing taking up no more than 31 percent of …
https://www.youtube.com/watch?v=XBDYdb6LtRo Jacob Airey for the Daily Wire reports, President Donald Trump touted his Infrastructure Initiative in a speech on Thursday to a crowd of construction workers in Richfield, Ohio, telling them, “We’re going to rebuild America’s crumbling infrastructure.” Read More/Source/Credit/FairUse: …
by DCG Super-wealthy SJWs not wanted… Stick to worrying about your agents fighting for your own MASSIVE salaries. From NY Post: Sarah Jessica Parker, Reese Witherspoon, Natalie Portman and more than a dozen other A-listers were told to shove it by 500 restaurant workers …
The survey — conducted using the anonymous app Blind — found that nearly a third of those questioned were planning to delete their Facebook accounts. In all, over 2,600 people were surveyed between March 20, 2018 and March 24, 2018, …
From the Financial Post: For Dudley Dickerson, the mobile-app orders were the last straw. McDonald’s has been updating with new technology, delivery, a revamped menu and curbside pickup. But the chain’s “Experience the Future” effort could backfire. Employees are handling more …
Andre MacLeod, chief of operations at the UN’s Emergency Co-ordination Centre said that “predatory” abusers used development jobs to get to vulnerable women and children. He estimated that 60,000 rapes had been carried out by UN staff in the past …
by Thinker Hundreds of Americans lost construction contracts worth roughly $14 million when a Chinese casino company smuggled 2,400 Chinese workers into the Northern Mariana Islands, which is a Pacific island chain under the control of the United States since …
A new report says mistakes and mismanagement are to blame for the exposure of workers to radioactive particles at the Hanford Nuclear Reservation in Washington state. Contractor CH2M Hill Plateau Remediation Co. on Thursday released its evaluation of what went …
https://www.youtube.com/watch?v=eGxhFynlcPY Three daycare workers were arrested in Illinois after allegedly admitting to giving their class of 2-year-olds melatonin-laced gummy bears to help them fall asleep at naptime, CBS Chicago reported. The sleep supplements were reportedly given to kids without parents …
by Joe Guzzardi Displaced American IT workers, and recent grads struggling to find a tech job, just received good news. A February U.S. Citizenship and Immigration Services memo advised employers hoping to hire a foreign-born engineer that they would have to conclusively prove …
https://www.youtube.com/watch?v=6HQuWelYCZ4 But it’s true! I worked for the Mouse for 23 years at disneyland. They notoriously underpay and they do hire out of country Phillipeno nationals and pay them less to do the same job other disney Cast members are …
At 6:40 a.m., Pablo Ruiz squats at the gate of a decaying refinery in Puerto La Cruz, Venezuela, steeling himself for eight Sisyphean hours of brushing anti-rust paint onto pipes under a burning sun. For breakfast, the 55-year-old drank corn-flour …
via byMike Mish Shedlock Every month, pundits comment on average wages. But median wages best explain how the Fed’s policies crucify workers. The meme of the day is wage growth is accelerating. I disputed that notion on February 7, in Acceleration in Wage …
https://www.youtube.com/watch?v=2H_iqhweUaI Emily Zanotti for the Daily Wire reports, In a shocking report out this week, a former UN official accuses the agency of harboring hundreds, if not thousands, of criminals in its foreign service, and claims that UN aid workers …
Overworked Americans are stuck in a financial groundhog day The U.S. had the fastest wage growth since 2009 in January. But in many other ways, American workers feel like they are working harder to achieve the same result. Does today feel a …
by DCG Add this company to the growing list of companies handing out “crumbs.” From NBC Los Angeles: General Motors announced Tuesday it made $12.8 billion in pre-tax profits in 2017, and the company said union-represented workers will receive profit-sharing checks of $11,750. The …