Wednesday, October 8, 2014
Biden Supports LA Mayor Garcetti's Minimum Wage Increase; Walmart Will End Healthcare for 30,000 Employees; Amazon Warehouse Workers' Lawsuits Taken-up by Supreme Court
Vice President Joe Biden joined Los Angeles politicians in support of Mayor Eric Garcetti's plan to raise the minimum wage. He called a minimum wage hike the building block of a stronger economy, and the "bare minimum that we should be doing to re-establish economic growth in this country."
Biden backs Garcetti plan to boost minimum wage to $13.25 by 2017 - LA Times
Walmart should take that advice and provide better wages for their workers, but instead they've decided to no longer provide health insurance for their part-time employees. The company will terminate healthcare insurance for associates who work less than 30 hours a week. It's estimated that about 30,000 workers will be affected by the healthcare termination on January 1.
Walmart to End Health Coverage for 30,000 Part-Time Workers - New York Times
Friday, October 3, 2014
The Fight for a Living Wage isn't Over!
The fight for a living wage is becoming closer to a reality! This week, Mayor Bill de Blasio signed an executive order raising wages to $13.13 an hour for over 18,000 New Yorkers!
But the fight for $15 continues after a year of local leaders took action to raise wages across the country. Seattle lead the way by raising its minimum wage to $15 an hour during a wave of activism, and then not long after the LA City Council voted to raise wages for workers at large hotels to $15.37 an hour.
Thursday, September 25, 2014
FDR's Populism Lives on; LA Workers at Big Hotels Win $15 an hour; Americans No Longer Believe in the American Dream
At a time when the middle class is struggling and workers aren't reaping the fruits of their labor. We all can find hope that populism is alive and well. Ken Burns’s 14-hour PBS documentary “The Roosevelts” in so many ways reminds us that we are living in a country shaped by FDR, and that his legacy will live on in this new generation of populist movements.
New Deal liberalism lives on - Washington Post
"No business which depends for existence on paying less than living wages to its workers has any right to continue in this country," FDR once said. Unfortunately, many businesses in the U.S. pay far less than a living wage, but hope is not lost. The fight for $15 an hour was won yesterday for those working in Los Angeles at large hotels. Workers will soon make $15.37 an hour, which is among the highest minimum wage hikes in the country.
Tuesday, September 23, 2014
Wal-Mart Accused of Violating Campaign-Finance Laws; Economists Offer Wage Increase Ideas; Treasury Announces Rules to Reduce Tax Inversion Benefits
Companies have worked very hard to keep costs low and that includes their labor expenses, which is why wages continue to remain stagnated and productivity continues to rise. The minimum wage hasn't increased in years, allowing businesses to get away with paying low wages, keeping people in poverty. The financial times interviewed economists from across the political spectrum on their ideas to jump-start wage increases.
Economists from across the political spectrum offer their ideas to jump-start wage growth - Financial Times
Thursday, September 18, 2014
The Hobby Lobby Decision and Unintended Consequences...
What's the reason for nearly 8 million workers dropping out of the labor force since late 2007? And more importantly, what are we going to do about it? A series of studies over the past year have found that aging explains about half of the post-2007 drop in labor force participation, but what about the other half? According to William Galston of the Brookings Institute, a major economic solution should be to focus on creating a better balance between "rewards to labor and returns to capital."
Saving the Vanishing American Worker - Wall Street Journal