NEW YORK (AP) — Before the pandemic, Cheryl Woodard used to take her daughter and her friends to eat at a local IHOP in Laurel, Maryland after their dance practice. But now they hardly ever go there because it closes too early. “It’s a bit frustrating because it’s not as convenient as it used to …
Shoppers and workers clash over post-pandemic expectations Read More »
Last Friday’s strong payroll data sparked a lot of discussion about the current labor situation. Often oversimplified and devoid of context, it has created a somewhat misleading image. I have a few thoughts that I’ve been thinking about that will hopefully provide some of the missing context. The labor market presents challenges for investors. Take …
Why aren’t there enough workers? – The Big Picture Read More »
In our click-driven world, the threat of a US freight railroad strike and President Biden’s intervention to prevent it have been the news for the past week. But there are two groups for whom the averted strike is still front and center: the 115,000 railroad workers who will be forced to work under the terms …
The averted national railroad strike is a parable of contemporary American capitalism Read More »
Comment this story Comment For the most part, the jobs numbers released on Friday were excellent: stronger-than-expected job growth, near-record unemployment, hiring across most major sectors of the economy. None of these measures signal an economy in recession, despite the widespread perception among voters that we are already in one. A troubling puzzle remains, however. …
Secretary of Labor Marty Walsh speaks during a press conference at the White House in Washington, April 2, 2021. Erin Scott | Reuters Most American workers dream of a comfortable retirement. Yet many find that their money falls short of this goal when they reach their golden years. Much of the problem is related to …
“It’s a crisis.” Why more workers need access to retirement savings Read More »
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United Furniture owner ‘disappeared’ after company laid off 2,700 workers, report says Read More »
The owner of United Furniture Industries – who last week fired 2,700 workers by text and email while they slept – disappeared after arguing with the company’s board and bankers over whether to file for bankruptcy, The Post has learned. David Belford, a wealthy businessman from Ohio, has remained a mum since the layoffs of …
United Furniture owner ‘disappeared’ after laying off 2,700 workers: sources Read More »
TOPEKA — Seven of 10 classes of Kansas government employees were paid below mid-market rates based on a new survey examining salaries of comparable employers in the state and government employers across the country. state in Nebraska, Oklahoma, Missouri and elsewhere. The Kansas Department of Administration report identified wage shortfalls of 32% for paralegals, 22% …
“It’s a throwback to the bad old days,” said Benjamin Dulchin, campaign leader of Fed Up, a coalition of community groups and labor unions. “Overreacting and sticking with the workers because it’s the only thing they know they can do is the same old prejudice.” Fed Up was among progressive groups that praised Republican Powell …
The message from the left for the Fed: Stop punishing workers Read More »
Amazon employees and their supporters have rallied in dozens of countries to protest the retail giant’s labor policies, activists say. From Germany and France to the United States, from India to Japan and the United Kingdom, Amazon workers lowered their tools or joined marches on Friday demanding better working conditions and fair wages. The actions …
Amazon workers stage walkouts and protests on Black Friday Read More »
