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Department of Labor

Rep. Wagner Introduces Anti-Investor 'Retail Investor Protection Act'

Barbara Roper | Posted 02.26.2015 | Business
Barbara Roper

If a contest for the most Orwellian bill title were held, Rep. Ann Wagner's newly reintroduced "Retail Investor Protection Act" would be a serious contender. Despite its title, this legislation has nothing to do with protecting retail investors.

Obama: Stop Wall Street Brokers From Putting Their Interests Above Clients Saving for Retirement

Dennis M. Kelleher | Posted 02.24.2015 | Politics
Dennis M. Kelleher

We're not suggesting that everyone who gives retirement investment advice is taking advantage of their clients, since many advisers do act in their client's best interest. But, because the law does not require them to do so, far too many do not. That's why the President's recent action is so important.

Industry to DOL: (Don't) Mind Your Own Business

Barbara Roper | Posted 02.24.2015 | Business
Barbara Roper

In addition to shedding crocodile tears over the potential harm to middle-income savers if brokers have to start acting in their customers' best interests, financial services firms and their lobbyists have increasingly voiced their outrage that the Department of Labor believes it has a role to play in regulating retirement advice.

UBS Exec's Bullying of Brokers Illustrates Need for Best Interest Standard

Barbara Roper | Posted 02.13.2015 | Business
Barbara Roper

Ever wonder what the fuss about a fiduciary standard is all about? Last week's Reuters article revealing how the Puerto Rico arm of UBS drove reluctant brokers to sell high-risk bond funds to their customers offers a perfect illustration.

Financial Firms Fight to Protect their Right to Profit at Customers' Expense

Barbara Roper | Posted 02.05.2015 | Business
Barbara Roper

Ever since the Department of Labor proposed several years ago to close regulatory loopholes that allow financial firms to offer conflicted retirement advice without having to act in the best interests of the retirement savers who rely on that advice, financial services firms have been nearly apoplectic in their opposition.

Health Care and the Outdoor Industry: Get together already

Stacy Bare | Posted 01.29.2015 | Impact
Stacy Bare

There are side effects to time outdoors: an increased sense of awe, community, experience, connection and even the occasional life-changing experience.

More Lessons From Latinos With Dream Jobs in Gov Tech

Pablo Manriquez | Posted 01.21.2015 | Latino Voices
Pablo Manriquez

Much has been written about the how conspicuously few Latinos currently work at the top of the tech game. Much less has been written about those few Latinos trailblazers doing outstanding work every day in technology.

Credit Suisse: Big Crimes Become Big Business

Ralph Nader | Posted 01.16.2015 | Politics
Ralph Nader

These elaborate illegal acts over many years show a deliberate willingness by Credit Suisse AG officials to knowingly engage in profitable activities that defrauded the U.S. Treasury and burdened honest taxpayers. But the Credit Suisse story does not end there.

Do Financial Advisers Work for You or Wall Street?

Liz Shuler | Posted 01.07.2015 | Politics
Liz Shuler

Did Wall Street win on Election Day? The U.S. Department of Labor's watchdog agency charged with protecting pension and retirement savings is on the verge of issuing new worker and retiree protections.

Community College Networks for Biotech Education

Dr. Gary M. Green | Posted 01.06.2015 | College
Dr. Gary M. Green

Speaking to the Southern Governors Association in August 2014, former President Bill Clinton articulated his theme for economic development: "Everywh...

Obama to Blame for Hurricanes, Disease -- and Everything Else

Jeff Schweitzer | Posted 02.20.2015 | Politics
Jeff Schweitzer

In spite of the intense, unyielding, never-ending opposition to the Affordable Care Act (ACA), or Obamacare, nobody can deny that Obama has tackled the problem of health care costs growing out of control when nobody before him would. And that's not all.

Iran Cares More About New Mothers Than the United States

Kurt A. Gardinier | Posted 02.14.2015 | Politics
Kurt A. Gardinier

The United States is the only developed country in the world without paid maternity leave. The only one.

Shadee Ashtari

Judge Cites Hobby Lobby To Excuse Fundamentalist Mormon From Child Labor Testimony

HuffingtonPost.com | Shadee Ashtari | Posted 09.18.2014 | Politics

Less than three months after Justice Ruth Bader Ginsburg warned about the widespread repercussions of the Supreme Court’s majority decision in Burwe...

Labor Day: Upholding the Promise of Opportunity

Thomas E. Perez | Posted 10.29.2014 | Politics
Thomas E. Perez

This Labor Day, let's remember that hardworking men and women are the backbone of our country, and let's redouble our efforts to uphold our nation's great promise to them: that if you work hard and play by the rules, you can make it in America.

Arthur Delaney

This Administration Official Sometimes Feels Like Punching Members Of Congress

HuffingtonPost.com | Arthur Delaney | Posted 07.08.2014 | Politics

WASHINGTON -- When members of Congress suggest unemployed Americans aren't trying hard enough to get jobs, U.S. Labor Secretary Thomas Perez gets mad....

21st Century Lessons Emerge from Chinese Railroad Workers of the Past

Ai-jen Poo | Posted 08.06.2014 | Politics
Ai-jen Poo

The choice to make care jobs and other low-wage wage service jobs good jobs will have an impact on generations to come.

Kate Sheppard

Federal Agencies Propose Tougher Chemical Safety After Disaster In West, Texas

HuffingtonPost.com | Kate Sheppard | Posted 06.06.2014 | Politics

WASHINGTON -- A federal working group released a report Friday that details how the government can improve chemical plant safety and security, more th...

Southern Fried Sex Ed

Lester & Charlie | Posted 06.11.2014 | Comedy
Lester & Charlie

There's been oodles of talk lately about women in America! Aren't they better off (as some conservatives suggest) seeking a rich husband than a good job? Do they deserve equal pay?

The President's Overtime Makeover -- And the Winners Are?

Wendy N. Powell | Posted 05.19.2014 | Politics
Wendy N. Powell

President Obama stated, "Overtime is a pretty simple idea. If you work more, you should get more." This sounds like a pretty simple concept, but in all actuality, what this would mean for employees, businesses and consultants is entirely another matter.

Court Okays Labor Department Rule: Guestworkers Must Earn Prevailing Wages

Michelle Chen | Posted 04.18.2014 | Politics
Michelle Chen

In 2011, the Department of Labor (DOL) issued major reforms to a flagship guestworker program known as H-2B. Business groups, predictably, sued to block the regulations -- but last week, an appeals court finally put their arguments to rest.

Feds To Investigate Florida's Unemployment Benefits Failures

Reuters | Posted 03.17.2014 | Miami

By Bill Cotterell TALLAHASSEE, Fla., Jan 15 (Reuters) - U.S. Department of Labor officials will travel to Florida to investigate the ...

The Giant Sucking Sound of Youth Joblessness: Your Tax Dollars at Work

Jessica Adair | Posted 03.11.2014 | Politics
Jessica Adair

Concerned about the national debt? Pay attention. When you include the millions of young people who left the job market entirely during the Recession, our federal and state governments miss out on $25 billion in revenue every year!

Dave Jamieson

5 Years On, Walmart's STILL Fighting Fine Over Black Friday Death

HuffingtonPost.com | Dave Jamieson | Posted 11.21.2013 | Business

WASHINGTON -- Five years after a worker was killed in a crush of shoppers on Black Friday, Walmart still hasn't paid the $7,000 it was fined for alleg...

Maverick Financial Advisor is Warning Businesses About the Dangers of 401(k) Plans

Ilana Greene | Posted 01.23.2014 | Money
Ilana Greene

Unfortunately, the Department of Labor's version of transparency is to create a mountain of additional paperwork that nobody understands but the bureaucrats responsible for creating it.

It's Not Safe Out There

Leo W. Gerard | Posted 01.23.2014 | Business
Leo W. Gerard

OSHA, the underfunded agency charged with enforcing the law, can't effectively shield either workers or whistleblowers. The agency is a soleless work boot -- fine on the surface but failing its purpose. As a result, it's not safe at work and not safe reporting dangers at work.