Labor & Economic News Blog
Thursday, August 23, 2012
Silicon Valley Techies Fight to Save a Popular but Illegal HavenSilicon Valley Techies Fight to Save a Popular but Illegal Haven
A cavernous California warehouse that serves as an informal office building for the tech-enamored doesn’t comply with city regulations. But no one, including the city, wants to close it.
Study Finds Big Loss in Income for Those Near RetirementStudy Finds Big Loss in Income for Those Near Retirement
The typical American between the ages of 55 and 64 has a household income almost 10 percent less than it was when the recovery began three years ago.
Wednesday, August 22, 2012
L.A. considers tax hikes, pension changeL.A. considers tax hikes, pension change
A staggering deficit drives the City Council to consider seeking voter approval of tax hikes and an increase in the retirement age for new employees.
Friday, August 17, 2012
Is Simple Demography Behind Weak Economy?Is Simple Demography Behind Weak Economy?
How important are demographic trends to the great growth slowdown of the last 12 years?
Long-Term Jobless Regroup to Fight the OddsLong-Term Jobless Regroup to Fight the Odds
For a group of jobless professionals in California, grim frustration battles with the simple hope to find a way out.
Ranking employees falls out of favor among companiesRanking employees falls out of favor among companies
Many American companies that had adopted a much-vaunted employee evaluation system have lately been turning away from it.
New rules expose bigger funding gaps for public pensionsNew rules expose bigger funding gaps for public pensions
New accounting rules will put even more pressure on cash-strapped state and local governments to reduce public employee pension benefits.
Top 10 Myths of the Jobs Argument Against Military CutsTop 10 Myths of the Jobs Argument Against Military Cuts
From the crowd that wants to shrink government because that would create jobs, we are now hearing that we can't shrink the Pentagon because that would cost jobs. Here are the main points of their case, rebutted one by one.
Executive Excess 2012: The CEO Hands in Uncle Sam's PocketExecutive Excess 2012: The CEO Hands in Uncle Sam's Pocket
Nationwide budget cuts have axed 627,000 public service jobs since June 2009, yet tens of billions of scarce tax dollars are subsidizing mega-million paychecks of top executives at our nation's biggest banks and corporations.
At Target job fair, tales of anxious hopeAt Target job fair, tales of anxious hope
At a job fair in West Los Angeles, hundreds of unemployed and underemployed workers lined up to apply for positions at the new Target store opening in...
Brown administration backs proposed workers' comp overhaulBrown administration backs proposed workers' comp overhaul
California Gov. Jerry Brown is supporting an ambitious effort to overhaul the state's system for giving medical care and...
Unemployment rates up in 44 US states in July, including 9 presidential battlegroundsUnemployment rates up in 44 US states in July, including 9 presidential battlegrounds Unemployment rates rose in 44 U.S. states in July, the most states to show a monthly increase in more than three years and a reflection of weak hiring nationwide.
Thursday, August 02, 2012
A Campus Built by Labor Is Going on the BlockA Campus Built by Labor Is Going on the Block
Faced with diminishing membership and revenues, organized labor is selling the site of its accredited institution of higher learning, the National Labor College, on 47 prime acres ripe for development just off the Capital Beltway here.
Where Have all the Good Jobs Gone?Where Have All the Good Jobs Gone?
The U.S. economy has lost about one-third of its capacity to generate good jobs, according to a new report from the Center for Economic and Policy Research (CEPR). Despite substantial increases in the education, age, and quantity and quality of technology over the last three decades, the share of workers with a “good job” has fallen since 1979, the CEPR researchers concluded.