Thursday, March 12, 2015
Wall Street Employees Collectively Receive Billions in Bonuses; Cambodian Garment Workers Face Government Crackdown; Workers' Fight Against Wage-Theft
On average, Wall Street Bank employees earn around $190,000 annually. But guess how much 167,800 employees received in bonuses last year? I won't give it away, but to put it in perspective, it's over the $17 billion that could lift the wages of over 2 million people working in fast-food to $15 an hour.
The minimum wage is low in America, but it's even lower for Cambodian garment workers. After being over worked and underpaid, workers have continued to push for higher wages, facing deadly strikes. Last January, garment workers got a raise of $128 a month. However, this is well below the government's own living-wage calculation from 2013, which found that a living-wage is between $157 and $177 a month.
Friday, February 13, 2015
Our Global Supply Chain, from China and Bangladesh to the West Coast Ports
It's New York fashion week, the week where top designers have the latest in fashion modeled. But what happens behind the scenes in our global fashion supply chain in places like Bangladesh. Over a year ago, Bangladesh made headlines when the Rana Plaza factory collapsed, killing more than 1,100 garment workers. The Bangladesh garment industry has over 4 million workers, 80 percent women, who are paid poorly and work in unsafe conditions.
Fast fashion’s lack of American-made clothing (VIDEO) - MSNBC
Wednesday, January 28, 2015
US Maternity Leave is Messed-Up; Middle-class is Shrinking and Income Inequality is the Culprit; Bad Non-Union Jobs Might Be Killing People
We all know the middle-class is in deep trouble. But maybe you didn't know why many haven't really noticed until recently. That's because until 2000, Americans moved up and out of the middle class, which is not the case anymore. The percent of working people who have dropped out of the middle-class has increased significantly, which is why more and more people are visiting food pantries and are forced to rely on public assistance.
Middle Class Shrinks Further as More Fall Out Instead of Climbing Up - New York Times
"I have trouble diagnosing just what went wrong in that odyssey from sleek distance runner to his death at 54, but the lack of good jobs was central to it," said Nickolas Kristof, New York Times. Kevin who worked hard and benefited from good middle-class union jobs, until many of those jobs went down the drain and Kevin hurt his back. Because Kevin hurt his back, he was laid off and forced to go on disability.
Where’s the Empathy? - New York Times
Thursday, January 22, 2015
McDonalds workers filed Civil Rights Lawsuit; Former Target CEO of Canada Took Home $61 Million U.S. Dollars; Republicans Refocus Policy and Messaging on Stagnant Middle Class
McDonalds workers filed a civil rights lawsuit after three Virginia stores fired a total of 17 minority staff members in May. Workers say that they were told by supervisors that there were "too many black people" working at the franchises. In the complaint, workers said store managers told them at the time that it was "too dark" in the restaurants and that they "need to get the ghetto out of the store."
Fired McDonald’s workers say they were dismissed for being minorities - Washington Post
Target announced it would close its Canadian branch in the next four months laying off their 17,600 employees. But before the big announcement, last spring Canadian Target CEO Gregg Steinhafel took home a total of $61 million in U.S. dollars after leaving his post, which is more than the fund setup to pay all 17, 600 Target employees ($56 million in U.S. dollars) over the last four months.
Wednesday, January 14, 2015
One Million Low-wage Jobs Created in 2014; More Silicon Valley Shuttle Drivers Want to Unionize; N.C.A.A. Responds to Athletes Call for Union By Giving Championship Reimbursements to Families
On Sunday, the New York Times Editorial Board addressed the 2014 jobs report, released last week, showing the best year in job creation. Nearly three million jobs were created since the recession began in 2007, but one million of those the jobs created were in low-wage sectors, including retail, restaurants, bars and hotels.
Toward a Better Job Market in the New Year - New York Times
In an effort to form a union, shuttle drivers from South San Francisco-based Compass Transportation, driving for companies like Amtrak, Apple, eBay, Genentech, Yahoo and Zynga, want to unionize for better wages and working conditions.
More Silicon Valley shuttle drivers look to unionize - USA Today