Labor & Economic News Blog
Monday, March 02, 2015
How longshoremen command $100K salaries in era of globalization and automation
More than 4,400 ships bring nearly $400 billion worth of goods through the ports of Los Angeles and Long Beach every year, a crucial link in the global supply chain of factories, warehouses, docks, highways and rail lines.
Tuesday, February 17, 2015
Who would win and who would lose if the ports shut downWho would win and who would lose if the ports shut down
On any given day, up to a dozen ships handle more than $1 billion worth of goods in the mammoth ports of Los Angeles and Long Beach, the nation's busiest seaport.
Port dispute: What you need to know
hipping companies say West Coast ports, including those in Los Angeles and Long Beach, could shut down if a new contract isn’t reached with dockworkers.
Work at West Coast ports to scale back for 4 days
est Coast ports — including the nation's busiest in Los Angeles and Long Beach — will partially shut down for four days as shipping companies plan to dramatically slash dock work amid an increasingly contentious labor dispute.
Port labor dispute has some local employers looking to cut costs
Wednesday, February 11, 2015
The Van Hollen Plan Takes on Soaring CEO Pay: A Debate We Need to HaveThe Van Hollen Plan Takes on Soaring CEO Pay: A Debate We Need to Have
Taxpayers are subsidizing ever-larger executive pay packages while their own wages stagnate. For the middle class to prosper, that needs to change.
How growing income inequality is hurting Social SecurityWith wages stagnant, there’s not as much being paid in payroll taxes as there could be.
Friday, February 06, 2015
Employment in California's oil towns suffers as prices plungeEmployment in California's oil towns suffers as prices plunge
Many Californians cheer the rapid fall of gasoline prices. But for those who rely on the oil industry for a paycheck, the last few months have been nerve-wracking. Oil companies have already cut nearly 22,000 jobs nationwide since the summer, when oil prices began plunging, according to outplacement firm Challenger, Gray & Christmas Inc. And if past price dives are any indication, more layoffs are coming.
Private-sector job growth cooled to 213,000 in January, ADP says
rivate-sector hiring cooled last month, with employers adding a still-solid 213,000 net new jobs, payroll firm Automatic Data Processing Inc. said Wednesday.
California has big gaps in distribution of high-skill industries
alifornia has one of the nation's largest concentrations of "advanced industry" workers, but a new study points out that the state still faces big challenges in Stockton, Fresno, the Inland Empire and elsewhere.