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Labor Articles
A week following last Thursday's global strikes and protests in 230 cities, hundreds of workers at McDonald's are planning to travel to this Thursday's annual shareholders' meeting.
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Ed Brown, via Wikimedia CommonsThe U.S. Labor Department is out with yet another weekly jobless claims report, but this one was a much better-than-expected surprise. Weekly claims plummeted by 24,000...
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ThinkstockVermont’s legislature did what many members of Congress and the president would like to do. It raised the minimum wage in the state to $10.10 from $8.73. The federal minimum wage is...
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While the trend for payrolls and unemployment has been better, the great compression in weekly jobless claims had not been continuing at the same rate as of late. Thursday’s weekly jobless claims...
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ThinkstockThe U.S. campaign for a $15 hourly wage for fast-food workers is going global. A New York-based group called Fast Food Forward said today that fast food workers on six continents will join...
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ThinkstockProductivity and unit labor costs were very mixed in the first quarter of 2013. Much of this seems to be weather related, and the first reminder we would make is that this economic report...
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ThinkstockFrom 1998 through 2007, the federal minimum wage was set at $5.15 an hour. Over a three-year period, the minimum wage rose to $7.25 in 2010, and that’s where it stands today. By federal...
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ThinkstockThe Conference Board Employment Trends Index rose in the month of April, a trend that coincides perfectly with the Labor Department report from last Friday. The so-called ETI rose to 118.0...
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ThinkstockThe median household income of Americans has not increased in a decade, when adjusted for what has been modest inflation. The poverty level has not fluctuated either, stuck around 16%....
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ThinkstockBeing competitive among the manufacturing nations of the world amounts to more than just low wages. In fact, several emerging market nations known for their low-cost manufacturing are no...
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ThinkstockIn 2013, the CEO-to-worker compensation ratio in the fast food industry was more than 1,000-to-1. Workers’ situation must be improving, though, because the ratio was 1,200-to-1 in 2012....
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Ed Brown, via Wikimedia CommonsThe U.S. Labor Department is out with another weekly jobless claims reading. Weekly claims rose by 24,000 to 329,000 in the past week, and the prior week’s reading...
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ThinkstockThe U.S. Census Bureau releases some interesting studies throughout the course of the year. Considering that it has the Census report, it does after all have access to solid data about the...
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courtesy of USPSUnion workers for the U.S. Postal Service (USPS) plan to protest a deal between the Post Office and Staples Inc. (NASDAQ: SPLS) that was struck late last summer and has so far...
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Workers at two of Amazon's logistics centers began a one-day strike Thursday morning that could see more than 1,000 employees on the picket lines.
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