Labor & Economic News Blog


Tuesday, April 21, 2015

LA restaurants push for tips to count toward minimum wage

LA restaurants push for tips to count toward minimum wage
The battle over boosting the minimum wage in Los Angeles has turned to the dollar bills tucked under an empty coffee cup, the spare change dropped into tip jars and the hasty calculations jotted down on meal tabs.

 

How I Live on a Burger King Salary

Brimage, a 25-year-old father of two, worked 45 hours a week at a Holbrook Burger King for two years, never earning more than $9 an hour.

 

Wednesday, April 01, 2015

Three studies of L.A. minimum wage boosts reach different conclusions


Three studies of L.A. minimum wage boosts reach different conclusions



Would boosting L.A.'s minimum wage to $13.25 or $15.25 an hour pump up the city's economy — or deflate it?
Economists hired by business and labor groups and the city released competing studies Thursday on what would happen if Los Angeles boosted pay for hundreds of thousands of workers. The new analyses mark the latest step in a pitched debate over how or whether the city should increase the minimum wage as part of a national push to reduce poverty and economic inequality.

 

L.A. County supervisors vote 5-0 to study raising the minimum wage

L.A. County supervisors vote 5-0 to study raising the minimum wage

The supervisors agreed to weigh the impact of not only requiring a higher baseline pay for their roughly 100,000 employees — the largest local government workforce in the United States — but also for county contractors and businesses in those unincorporated areas.


 

McDonald's is giving 90,000 workers raises and vacation time

McDonald's is giving 90,000 workers raises and vacation time

Fast-food giant McDonald’s Corp. will raise wages for its workers and plans to provide paid vacation and other benefits for employees at its U.S. restaurants, the company announced Wednesday. The raise, which goes into effect July 1, applies to part-time and full-time employees who work at McDonald’s restaurants owned by the company but not its franchises, which make up nearly 90% of its U.S. stores. The change will affect about 90,000 of the restaurant’s estimated 750,000-person workforce.

 

Tuesday, March 31, 2015

As Job Rate Rises, Older Workers Are Often Left Behind

As Job Rate Rises, Older Workers Are Often Left Behind

An AARP group surveyed 2,492 people ages 45 to 70 who had been unemployed and found about half had managed to find work.

 

The Health Care Wager

The Health Care Wager

 

Raise the minimum wage, but don't forget about the cost of housing

Raise the minimum wage, but don't forget about the cost of housing

A worker would have to earn $33 an hour to afford the average apartment, KPCC reported this year. The state minimum wage of $9 an hour doesn’t have the same buying power in Los Angeles that it does in Bakersfield or Humboldt. So it makes sense to set a higher minimum wage in a pricey urban area.

 

Economic Inequality: It’s Far Worse Than You Think

Economic Inequality: It’s Far Worse Than You Think   

In a candid conversation with Frank Rich last fall, Chris Rock said, "Oh, people don’t even know. If poor people knew how rich rich people are, there would be riots in the streets." The findings of three studies, published over the last several years in Perspectives on Psychological Science, suggest that Rock is right. We have no idea how unequal our society has become

 

Friday, March 20, 2015

Inland Empire: Next 'big dog' in California economy?

Inland Empire: Next 'big dog' in California economy?
In Riverside and San Bernardino counties, the very factors that are hampering economic recovery in the rest of the state are fueling a growth spurt that's already among the fastest in California.

 

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