Apparel company Able wants to hold the fashion industry accountable for working conditions–by publishing the salaries of everyone in its supply chain. This is great. Source: Why this clothing company is making … Continue reading Why this clothing company is making its factory wages public
Stronger unions, better training and more housing in expensive cities might all help Unions really are the key. Source: If wages are to rise, workers need more bargaining power – Free exchange: … Continue reading If wages are to rise, workers need more bargaining power – Free exchange: Power is money
The tax cuts were supposed to allow corporations to raise wages. Instead they used the money to buy back their own stock (helping the rich stockholders) and wages have gone down. Source: … Continue reading Trump’s Tax Cut Hasn’t Done Anything for Workers
Medieval peasants lived grueling, terrible lives. But their vacation days beat out the policies now common even in progressive societies. That’s progress for ya! Source: Average American worker takes less vacation than … Continue reading Average American worker takes less vacation than a medieval peasant
The economy’s booming. Some states have raised minimum wages. But even with recent wage growth for the lowest-paid workers, there is still nowhere in the country where someone working a full-time minimum wage job could afford to rent a modest two-bedroom apartment, according to an annual report released Wednesday by the National Low … Continue reading A minimum-wage worker can’t afford a 2-bedroom apartment anywhere in the U.S.
When Nick Hanauer was just 7, his father made sure he and his brother knew every aspect of the family business. Today, Hanauer is a self-made billionaire. Hanauer’s business acumen has allowed him to become one of the wealthiest Americans — the so-called 1 percent — but it has also made him … Continue reading Unfiltered: ‘Raising wages [doesn’t] kill jobs. It’s just a thing rich people say to poor people.’
A new report from Oxfam highlights a global system that rewards the super-rich This is not sustainable. Source: A ‘Billionaire Bonanza’ Is Driving Global Inequality | Time Continue reading 82% of the World’s Wealth Went to the Richest 1% in 2017
An article in MarketWatch says you should have twice your salary saved by the age of 35. On Twitter, most 30-somethings laughed at the advice. By 35, you should have twice your … Continue reading Twitter Mocks Article That Says The You Should Have Double Your Yearly Salary Saved By 35
Event to highlight pay squeeze is set to be the largest rally in the capital for four years Real wages in the UK will have been in decline for 17 years, … Continue reading March for ‘new deal’ for workers draws thousands in London
America’s self-reliance obsession makes it more acceptable to applaud working yourself to death than to argue that doing so points to a flawed economic system. So true. Source: The Gig Economy Celebrates … Continue reading The Gig Economy Celebrates Working Yourself to Death
Very informative article. The bottom line is that corporations have grown so large and have gobbled each other up to the point where there are less public companies today than in the … Continue reading Why American Workers Aren’t Getting A Raise: An Economic Detective Story
It can be easy to be misled by big point swings after a long period of quiet in global markets. Percentage wise, the drop is not much at all, it merely took … Continue reading Context Matters. The Stock Market Drop Is Less Scary Than It Seems.
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