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Wages

Why Equal Pay Is Worth Fighting For

Credit.com | Posted 04.18.2014 | Politics
Credit.com

By Sen. Elizabeth Warren for Credit.com I honestly can't believe that we're still arguing over equal pay in 2014. When I started teaching elementary...

Invisible Hand To Mouth

Scott Vrooman | Posted 04.08.2014 | Comedy
Scott Vrooman

I'm hearing a lot of complaints about wages, which surprises me because I thought we had all agreed that everything is fine with everything and we were all going to stop protesting, get a dog and stretch more.

Economic Security = Engaged Employees

Eve Tahmincioglu | Posted 04.03.2014 | Business
Eve Tahmincioglu

There are six components we've identified of an effective workplace, including everything from work-life fit to a climate of respect. But there's one that often gets overlooked -- economic security.

Why Women Are Paid Less Money Than Men in 2014

Debbie Hines | Posted 03.28.2014 | Politics
Debbie Hines

As we approach Equal Pay Day on April 8, the symbolic day on which a woman must work in 2014 to catch up to a man's wages earned in 2013, the arguments on the gender pay gap heat up again. Unfortunately, the results for women in 2014 still remain the same.

My Tailspin Into Brokeassdom

Chi Sherman | Posted 04.02.2014 | Politics
Chi Sherman

I got laid off from a full-time job due to the belly-up economy. I didn't realize just how much of my identity I had associated with "being important" -- dressing up, interacting with clients, being seen as a professional. Now I was aimless, wearing jeans and flip flops, and worrying about money in a way I never had before.

Money in Hyping the Generational War Story

Dean Baker | Posted 03.18.2014 | Business
Dean Baker

There's a simple explanation for the prominence of the Social Security scare stories. There is a lot of money behind it. The 1 percent types, who have benefitted from the upward redistribution of the last three decades, find it very useful that national debate focus on $1,300 a month Social Security checks rather than the policies that made them incredibly wealthy.

Dave Jamieson

More Bad News For McDonald's

HuffingtonPost.com | Dave Jamieson | Posted 03.18.2014 | Business

New York state has reached a settlement with the owner of seven McDonald's franchises that will give nearly $500,000 to fast-food workers who claimed ...

The New Populist Movement: Organizing to Take Back America.

Roger Hickey | Posted 03.16.2014 | Politics
Roger Hickey

A new progressive populist movement is rising up in the United States. Inspired by an expansive vision of greater economic opportunity for all Americans, this new movement is also fueled by anger over politicians' broken promises.

The 'Paid-What-You're-Worth' Myth

Robert Reich | Posted 03.14.2014 | Business
Robert Reich

It's often assumed that people are paid what they're worth. According to this logic, minimum wage workers aren't worth more than the $7.25 an hour they now receive. If they were worth more, they'd earn more. Any attempt to force employers to pay them more will only kill jobs.

Six Reasons to Cheer for Unions This International Women's Day

Mary Kay Henry | Posted 03.08.2014 | Politics
Mary Kay Henry

In spite of these strides, millions of female workers are getting the squeeze in today's economy. Even as women break the glass ceiling in business and politics, they still earn on average, 77 cents to every dollar earned by men -- and unions are a big part of the solution.

Labor Unions Should Transform To Producers' Ownership Unions

Gary Reber | Posted 03.07.2014 | Politics
Gary Reber

Simply increasing wage levels and extending jobless benefits once again won't solve the problem of long-term unemployment and underemployment, and the diminishing impact income losses have on the long-term productive capacity of the United States economy.

Self-Employment: The Answer for an Aging Workforce and a Sluggish Economy?

Kevin E. Cahill | Posted 03.05.2014 | Business
Kevin E. Cahill

Is self-employment the answer for an aging workforce and a sluggish economy?

A City Unites to Demand Better From Its Largest Employer

Mary Kay Henry | Posted 03.03.2014 | Business
Mary Kay Henry

We can learn a lot from what they're doing in Pittsburgh. UPMC is hardly alone -- across the country, big corporations are raking in record profits and paying poverty wages.

Is Obamacare Bad News for the 'It's Hard to Find Good Help' Crowd?

Dean Baker | Posted 02.25.2014 | Business
Dean Baker

While CBO didn't explore this issue, other things equal, a reduction in the supply of labor would be expected to lead to a rise in its price. In other words, wages would rise. That would be good news for workers who have seen their wages stagnate for more than three decades.

America Without Unions

Jeff Faux | Posted 02.20.2014 | Politics
Jeff Faux

It is no accident that as union strength declined, the social contract in America was systematically shredded. Yes, globalization and technology have changed the economy. But as labor weakened, both politically and on the job, business interests have been able to wring the benefits from these changes and shift the costs to workers.

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.

The Good News On The Affordable Care Act

Dean Baker | Posted 02.11.2014 | Business
Dean Baker

Since we have a Congress that is unwilling to take the steps to increase demand in the labor market, the best way we may have of increasing job openings is by reducing supply.

The Affordable Care Act Will Raise Wages

Mary Manning Cleveland | Posted 04.12.2014 | Politics
Mary Manning Cleveland

Mayor DeBlasio and other good Democrats may not understand how public benefits raise wages, but their opponents sure do.

Senate Women Say: Raise The Minimum Wage!

Sen. Elizabeth Warren | Posted 04.07.2014 | Politics
Sen. Elizabeth Warren

At a time when 400 American families have more wealth than 150 million, an American single mom earning minimum wage at a full-time job takes home just $15,000 a year to support her family -- below the poverty line.

Trade Yes, But a Different Track

Larry Cohen | Posted 04.06.2014 | Politics
Larry Cohen

Voters overwhelmingly expect the TPP to be a good deal for large corporations at the expense of small businesses:

The Attack of the Robots: Economists' Silly Fantasies

Dean Baker | Posted 04.05.2014 | Business
Dean Baker

Remember the story about how the aging of the baby boomers will bankrupt us because we will have too few workers to support the surge of retired baby boomers? Now we are supposed to be worried that we won't have any work for people to do because the robots will be there to do it faster and cheaper. Either of these stories could in principle be true, but they cannot both be true.

President Obama's Inequality Story

Dean Baker | Posted 03.29.2014 | Business
Dean Baker

The question is whether President Obama is prepared to talk about inequality in a way that gets to the core of the problem as opposed to just clipping away at the edges. It's a safe bet that we will see the latter.

If I Were President . . .

William B. Bradshaw | Posted 03.27.2014 | Politics
William B. Bradshaw

If I were President of the United States -- the current President or a newly elected one -- I would immediately convene in the White House a meeting of respected and imaginative representatives of both labor and management from a wide segment of the marketplace.

When Work Does Not Work

Max Fraad Wolff | Posted 03.25.2014 | Business
Max Fraad Wolff

Sure, the headline unemployment rate has fallen to 6.7 percent. This means we officially had 10.4 million people actively looking for work and not finding it in December 2013.

Wage Growth Is At 50-Year Lows, Fueling The Corporate-Profit Boom

The Huffington Post | Mark Gongloff | Posted 01.23.2014 | Business

We all know American wages are too low and growing too slowly. But it took Goldman Sachs, of all things, to point out just how historically bad wage g...