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Wages

The Establishment vs. Bernie Sanders

John Sanbonmatsu | Posted 02.22.2016 | Politics
Read More: Bernie Sanders, Bernie Sanders 2016, Bernie Sanders Campaign, Sander Campaign, Democrats, Democracy, Democratic Party, Democratic Leadership Council, New Democrats, Democratic National Committee, 2016 Presidential Election, 2016 Presidential Race, Establishment, Dlc, Dnc, Barack Obama, President Obama, Donald Trump, Demagoguery, Demagogue, Climate Change, Environmental Crisis, Global Warming, John Lewis, Congressional Black Caucus, Black Caucus, Civil Rights Movement, Civil Rights, Liberalism, Neoliberalism, Paul Krugman, Paul Krugman New York Times, Paul Krugman on Barack Obama, Hillary Clinton, Hillary Clinton 2016, Madeline Albright, Gloria Steinem, Feminism, Liberal Feminism, Human Rights, Human Rights Campaign, Naacp, Poverty, US Poverty, Housing Crisis, Rental Market, Working Families, Working Class, Socialism, Social Democracy, Democratic Socialism, Citizens United, U.S. Constitution, African Americans, Black Americans, Latino Politics, Immigration, Latinos, Politicos Latinos, Obamacare, Corporations, Corporate Power, Authoritarianism, Wealth, Wealth Gap, Wealth Inequality, Income Gap, Upper Class, Globalization, Capitalism, Corporate-Capitalism, Peggy Noonan, The Fall of the House of Usher, Edgar Allan Poe, Wealthy, Working Poor, Women's Rights, Women, Working Women, Paid Family Leave, Second Shift, Hawks, Foreign Policy, Brookings Institution, Council on Foreign Relations, Foreign Affairs, Empire, US-Empire-Building, Imperialism, US Military, Iraq War, Afghanistan War, War in Afghanistan, War in Iraq, War in Syria, Isis, Miitarism, Militarization, Wages, Minimum Wage, Minimum Wage Increase, Billionaires, Koch Brothers, The Koch Brothers, Republican Primary, Democratic Primary, 2016 Election, New Hampshire Primary, Iowa Caucuses, Nevada Caucus, South Carolina Primary, Racisme, Racism, Immigration Reform, Politics News
John Sanbonmatsu

The very ferocity and coordinated nature of the attacks on Sanders makes clear that the Democratic establishment views Sanders not merely as an annoyance, but as an existential threat. And he may be, at that.

Bernie Sanders Made The Only Attack On Donald Trump That Actually Worked

The Huffington Post | Samantha Lachman | Posted 02.01.2016 | Politics

WASHINGTON -- Donald Trump's opponents have struggled to find a line of attack that would slow the billionaire businessman ahead of Monday evening's I...

Do Janet Yellen and Bernie Sanders Agree on More Than What's the Coolest Hair Color?

Ian Reifowitz | Posted 02.01.2016 | Politics
Ian Reifowitz

Whether or not he secures the nomination and ultimately the White House, my hope is that the longer Bernie Sanders remains front and center on the American political scene, the more likely it is that his ideas will influence the path Janet Yellen and the Federal Reserve choose to take.

Don't Believe the Wal-Mart Hype: Here's Proof it Still Isn't Paying its Workers Enough

Sean McElwee | Posted 02.03.2016 | Politics
Sean McElwee

Wal-Mart's high profile as America's largest employer makes its wage decisions particularly important. Wal-Mart has a singular opportunity to lead on the improvement of wages and schedules, setting a higher floor for workers who deserve better.

Disability: A New Campaign Issue About Not-so-new Concerns

David Pettinicchio | Posted 01.28.2016 | Politics
David Pettinicchio

Democratic presidential frontrunner Hillary Clinton recently proposed increased early screenings and more resources for treating autism.

Will I Get Paid If My Office Is Closed For Snow?

Donna Ballman | Posted 01.25.2016 | Business
Donna Ballman

If you're hit with the big storm, get in touch with your supervisor or manager as soon as possible to find out whether or not you're expected to be at work. If you can't get in touch with anyone, then only go in if it's safe for you to do so. I hope you and yours stay safe. Make a snowman for me!

Weak Bounce Wednesday

Phil Davis | Posted 01.13.2016 | Business
Phil Davis

It's entirely possible, since it benefits the most Fund Managers, that we pop 2.5 percent and end up even for the month -- right back where we started when they sold all those option contracts on Dec 18th.

December Job Numbers: Is the Great Vacation Coming to an End?

Dean Baker | Posted 01.11.2016 | Business
Dean Baker

The disconnect between the low unemployment rate and other measures of labor market strength is explained by the large number of people who have dropped out of the labor market over the last five years.

US and UK CEOs Have Already Made More Than the Average Worker Will Earn All Year

Sarah Anderson | Posted 01.06.2016 | Politics
Sarah Anderson

By late afternoon on January 5, the second working day of the year, Britain's top bosses had earned more than the average UK worker would earn in the entire year, according to the High Pay Centre, an independent think tank.

4 Trends to Watch in the Big Economic Shift from Wages to Benefits

Dr. Andrew Chamberlain | Posted 01.05.2016 | Business
Dr. Andrew Chamberlain

Why are U.S. employers shifting from wages to benefits? There are many plausible theories: tax savings, rising health care costs, competition for key employees, quirks of the business cycle, and more.

Outlook for 2016: Middle-class Woes, Hopeful on Wages, the Fear Factor

The Conversation US | Posted 01.04.2016 | Business
The Conversation US

We asked a few of our regular writers to weigh in on what will (or should) be the key economic themes and issues of 2016 or offer their predictions.

If My Office Is Closed Due to Flooding, Am I Entitled to Wages?

Donna Ballman | Posted 12.30.2015 | Business
Donna Ballman

With winter storms wreaking havoc in the Midwest, causing flooding and tornadoes, you may find your office is closed. Going without pay can wreak its own havoc on your household, especially during the holidays. But you may be entitled to be paid even if your office is closed due to a storm.

The Federal Reserve Board and the Presidential Candidates

Dean Baker | Posted 12.22.2015 | Business
Dean Baker

When it comes to the Federal Reserve Board and its importance to the economy, most of the candidates seem to be failing as badly as Donald Trump did on his nuclear triad test.

3 Charts That Show Why The Fed Should Have Waited To Raise Rates -- And The One Reason It Didn't

The Huffington Post | Ben Walsh | Posted 12.16.2015 | Business

Seven years after it cut interest rates to zero in the depths of the financial crisis, the Federal Reserve raised rates on Monday. Normally, the Fed r...

How Economics and Race Drive America's Great Divide

Lynn Parramore | Posted 12.10.2015 | Politics
Lynn Parramore

In the America of haves and have-nots, fewer folks are "movin' on up" like George Jefferson of the classic sitcom. In a new paper for the Institute for New Economic Thinking, Peter Temin, MIT economist and economic historian, breaks down how it happened.

Who Tips Better: Democrats Or Republicans?

The Huffington Post | Sam Stein | Posted 12.01.2015 | Politics

Six weeks ago, New York restaurateur Danny Meyer caused a stir when he announced the elimination of tips at his restaurants and an increase of meal pr...

If Mega-Retailers Want to Start Black Friday Early, Employees Should Receive Double Pay on the Holiday

Lorena Gonzalez | Posted 11.25.2015 | Politics
Lorena Gonzalez

Forty-seven years ago, Robert Kennedy cautioned that "too much and for too long, we seemed to have surrendered personal excellence and community values in the mere accumulation of material things."

How Brazil (and Latin America) Can Preserve Job Growth

Augusto de la Torre | Posted 11.18.2015 | World
Augusto de la Torre

Over the past 15 years, Brazil has created 19 million new formal jobs, the economy went into a rather prolonged period of full employment, and the quality of employment improved because on average wage gains were large and highest among poor workers.

The Trucking Industry Is Struggling, But Maybe Not For Long

The Huffington Post | Shane Ferro | Posted 11.15.2015 | Business

Trucking, the backbone of American commerce, is in a tough spot. There might be a future, a very long time from now, when long-haul drivers are replac...

What The No Tipping Trend Could Mean For Restaurant Staff And Customers

MoneyTips | Posted 11.06.2015 | Business
MoneyTips

When tipping amounts are disconnected from the perceived level of service and do not serve their original purpose, it is time for the practice to end. Wages for restaurant staff should be more predictable and reasonable. Going tip-free makes the experience simpler for all involved.

Federal Government as Employer: High Road or Bottom Feeder?

Dean Baker | Posted 11.02.2015 | Business
Dean Baker

President Obama has been using his executive power to try to promote good workplace practices among federal contractors. But at the same time, his administration has been looking to restructure federal agencies with the hope of saving money by downgrading the job quality of large numbers of positions.

Democrats Get a Gift from the Fed

Dean Baker | Posted 10.19.2015 | Business
Dean Baker

Last week, the Democrats received an unexpected gift from the Federal Reserve Board. Lael Brainard, a member of the Fed's Board of Governors, gave a speech in which she questioned the need for the Fed to raise interest rates.

Living on $2 Per Day

Peter A. Georgescu | Posted 10.14.2015 | Impact
Peter A. Georgescu

We can hire more people tomorrow. We can invest in new ventures next week. Most of all, we can raise wages. These are choices people in the private sector can be making immediately--nothing is stopping us but our willful blindness to the crisis around us.

Rethinking Employer-Based Benefits

Douglas Holtz-Eakin | Posted 10.13.2015 | Politics
Douglas Holtz-Eakin

Many Americans receive a long list of important benefits through their employers. In part, this is an accident of history. It is also, in part, bad policy.

Body Fascism: The Ugly Truth About Appearance in the Workplace

Martha T.S. Laham | Posted 10.08.2015 | Fifty
Martha T.S. Laham

Can an employee be fired from a job for not adhering to dress codes, not meeting makeup requirements, sporting tattoos or piercings, or for other personal qualities or forms of self-expression? Apparently, yes.