Labor & Economic News Blog


Monday, November 24, 2014

Behind the scenes at Best Buy’s Black Friday dress rehearsal

Behind the scenes at Best Buy’s Black Friday dress rehearsal


Rob Delissio, general manager of the Best Buy in Alexandria, goes over Black Friday sales strategy with employees.
An inside look at the excruciating detail that goes into keeping shoppers moving and keeping them happy on one of the busiest shopping days of the year.

 

Falling Wages at Factories Squeeze the Middle Class

Darrell Eberhardt, 49, an assembly line worker in Ohio, has seen his wages drop from $18.50 an hour to $10.50 an hour.
Darrell Eberhardt, 49, an assembly line worker in Ohio, has seen his wages drop from $18.50 an hour to $10.50 an hour.
A new study from the National Employment Law Project shows that real wages for manufacturing workers declined three times as much as for workers as a whole.

 

Getting more realistic on L.A. pension returns

Getting more realistic on L.A. pension returns
In the last year, all three of Los Angeles' public employee pension funds have recalculated their too-rosy estimates of how much they will earn in the years ahead. Those lowered earning forecasts may cost the city in the short term — if it has to deposit more money into the funds now rather than counting on the market to earn the money later. But over the long term, the more conservative assumptions will help ensure that there is enough money to cover the city's pension promises.

 

Wednesday, November 19, 2014

Restaurants are feeling the heat in crackdown on wage theft

Restaurants are feeling the heat in crackdown on wage theft
Precise data on the extent of wage theft are hard to come by. But an often-cited 2009 report by the National Employment Law Project estimated that 1 in 4 low-wage workers surveyed in Los Angeles, Chicago and New York were not receiving the minimum wage, and 75% were not getting overtime pay that they were owed.

 

Wednesday, November 12, 2014

As UC regents debate tuition hike, Brown may hold sway

As UC regents debate tuition hike, Brown may hold sway
The UC regents begin deliberations next week on a proposal to raise tuition by as much as 5% over each of the next five years. And although each member ostensibly has an equal vote, one may well have the strongest sway on public opinion and UC finances: Gov. Jerry Brown.

 

Pension crisis looms

Now get ready for the pension cliff. The lame-duck session will determine the fate of so-called multi-employer pensions. With many of these ...

 

California Nurses Say They'll Strike, Without Talking Wages

California Nurses Say They'll Strike, Without Talking Wages
As many as 18,000 nurses in Northern California are preparing for a two-day strike that will...

 

Labor Dispute Criticized For Slowing West Coast Port Traffic

At odds are Pacific dockworkers and shipping companies. For months they've been trying to work out a new labor agreement. And now ...

 

Four states vote in support of minimum wage hikes


Voters in four states on Election Day expressed a desire for a higher minimum wage — and simultaneously put more Republicans in office. All but two congressional and gubernatorial races in Alaska, Nebraska, Arkansas and South Dakota were won by .

 

For low-wage federal workers, Obama's minimum wage order was nice


“The President's recent executive orders to boost the minimum wage and prevent labor law violations on federal contracts start to address the problem,” reads the short report that makes the case for two new executive orders. “But America's workers need ...

 

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