Wednesday, October 9, 2013
Faith Leaders Demand Fair Pay and Justice for Low-wage Government Contact Workers; Another Deadly Factory Disaster in Bangladesh; Oracle's Pay Practices are Out of Control
Creating good jobs through taxpayer dollars doesn’t just make good economic sense, it’s also morally right. So say leaders of several different faith denominations in the Washington Post. They ask President Obama to set an example and bring justice to these workers. Morality demands it.
COMMENTARY: Federal workers deserve a living wage - Washington Post/RNS/Daily Me
It's upsetting to know the federal government allows contractors to pay workers poverty wages. But the recent tragedies happening in Bangladesh due to poor working conditions are catastrophic. On Tuesday, 10 people were killed and dozens injured in a fire that swept through a garment factory in Bangladesh. This isn't the country's first garment factory disaster, in April the Rana Plaza factory in Savar collapsed killing 1,100 people and in November of 2012, at least 111 people died in a fire at the Tazreen Fashions factory.
Deadly Fire Hits Bangladesh Factory - Wall Street Journal
There is something wrong when some are making money hand over fist, while others continue to struggle to survive. This past fiscal year, Oracle CEO Lawrence Ellison took home close to $80 Million. But this type of limitless pay practice embodied by Oracle isn't going unnoticed. The CtW Investment Group is expected to send a letter to shareholders on Tuesday, urging them to again vote against the executive compensation by the enterprise software giant at the annual meeting on Oct. 31.
Tuesday, October 8, 2013
Low-wage Federal Contract Employees Would like to Work, and for Living Wages
Over the weekend, federal workers could rest easy knowing their compensation won't be affected despite the government shutdown. But for low-wage federal contract employees, who work in federal buildings, the shutdown means no work, no pay, and little recourse.
During Shutdown, Fast Food Workers in Government Buildings Are Shit Out of Luck - Washington City Paper
How can we fund living wages for low-wage federal contract workers? First, an estimated $23.9 Billion is spent compensating top executives of private contracts that make more than the Vice President of the United States. If we capped their compensation at the VP salary range, the government would see billions of dollars in savings to use towards paying 560,000 contract workers -- who earn $12 per hour or less -- a living wage.
How the Government Subsidizes Inequality - BillMoyers.com
"As long as corporations work for Washington, taxpayer-funded federal contracts should reflect the values of a democratic social contract." President Obama has the authority to put these values into action immediately for low-wage contract employees instead of waiting on congress to increase the minimum wage. By taking executive action, the President can lift 650,000 federal contract workers out of poverty and lead by example.
When Federal Contracts Turn Into Corporate Welfare - Huffington Post/In These Times
Friday, September 27, 2013
President Obama: Sign an Executive Order to Lift Government Contracted Employees out of Poverty.
On Wednesday, 175 federally contracted low-wage workers went on strike and took it straight to President Obama's doorstep. They're asking the President to sign an executive order to ensure government contracts are awarded only to employers that pay living wages. The workers sent President Obama a clear message, he should keep his word and take necessary action to lift an estimated two million workers out of poverty nationwide.
Federal Contractors, Low Wages - The New York Times
After 19 years cleaning floors and bathrooms in Union Station, Vilma Martinez still earns only $8.25 per hour. Vilma is one of the many workers asking President Obama to sign an executive order to make federal contracted employers pay their workers a living-wage. Workers gathered outside the White House, chanting slogans like "we can't survive on $8.25" in English and Spanish and were accompanied by Christian, Jewish and Muslim clerics. At noon, six workers met with White House officials to discuss their personal stories.
Low-wage workers at federal buildings rally for higher pay - Washington Post
Rep. Keith Ellison, D-Minn., joins the NOW panel to discuss income inequality in the U.S. and low-wage federal contracted workers striking in front of the White House in the hopes of pressuring President Obama to raise their pay.
Low-wage contractors want Obama to raise pay (VIDEO) - Now with Alex Wagner, MSNBC
Friday, September 20, 2013
Great Recession: Middle-Class Sinking Even Further
A lot has changed since 1988, but definitely not the amount a typical household makes each year. Today, a typical household makes $51,017 according to the Census Bureau, roughly the same amount a typical household made in 1988. It's not something you'd expect from the richest and most technologically advanced nation. “Almost all of the benefits of growth since the trough of the Great Recession have been going to those in the upper classes,” said Timothy Smeeding, who heads the Institute for Research on Poverty at the University of Madison-Wisconsin.
America’s Sinking Middle Class - New York Times
Having two jobs doesn't always translate to having a roof over your head. In New York City, some people are working long hours and sometimes two jobs at a time, but cannot afford housing. “A one-bedroom in East New York or the South Bronx is still $1,000 a month,” said Patrick Markee, senior policy analyst with the Coalition for the Homeless, an advocacy and housing services group. “The jobs aren’t enough to get people out of homelessness.” Read more to learn about two NYC women struggling to pull themselves out of poverty.
In New York, Having a Job, or 2, Doesn’t Mean Having a Home - New York Times
This week the Census Bureau reported the latest depressing decline in middle-class incomes during the so-called economic recovery, but they missed an important factor. Middle-class incomes have steadily fallen alongside the steadily decreasing union membership rates. Read more and view the chart:
Monday, September 16, 2013
Rich-Poor Employment Gap Highest on record; Minimum wage goes up in CA and Paul Krugman’s call to Give Jobs a Chance
"Rates of unemployment for the lowest-income families — those earning less than $20,000—have topped 21 percent, nearly matching the rate for all workers during the 1930s Great Depression," according to data tracked by the Associated Press that began a decade ago. The analysis shows an increase of middle-income workers pushed into lower-wage jobs, which then displaces lower-skilled, low-income workers, who become unemployed or forced to work fewer hours.
Rich-Poor Employment Gap Now Widest On Record - Associated Press
California residents might see their minimum wage increase to $10 an hour. The California Legislature approved a bill to increase the minimum wage to $10 an house by 2016 if signed into law by Governor Gerry Brown. This increase doesn't go far and it's long overdue, a study released in June by the Restaurant Opportunities Centers United, a national organization focusing on racial equity in the restaurant industry, found that $10.10 minimum wage would have pulled roughly 58 percent of the nation’s 10.4 million working poor out of poverty in 2011.
These 2 Stats Prove California's $10 Minimum Wage Is A Big Deal - Huffington Post
The Federal Reserve's Open Market Committee —the group who sets the U.S monetary policy - will be holding its sixth meeting of this year, and is expected to announce the "taper" — a slowing of the pace at which it buys long-term assets. " Please don't do it. If you think about the balance of risks, this is a bad time to be doing anything that looks like a tightening of monetary policy," said Paul Krugman, Columnist for the New York Times.