Labor & Economic News Blog
Friday, September 21, 2012
Income Inequality and Educational OpportunityIncome Inequality and Educational Opportunity
Investing in education is not just morally right, but also provides a strong return on investment.
California Debt Higher Than Earlier Estimates, a Task Force ReportsCalifornia Debt Higher Than Earlier Estimates, a Task Force Reports
When Jerry Brown became governor of California he estimated the state’s debt at $28 billion, but that amount is now estimated to be as much as 12 times greater.
Wednesday, September 19, 2012
Verizon Workers Reach 4-Year Tentative PactsVerizon Workers Reach 4-Year Tentative Pacts
The company’s two main unions said the agreements carry an 8 percent pay raise and require workers to pay more for health coverage.
Next School Crisis for Chicago: Pension Fund Is Running DryNext School Crisis for Chicago: Pension Fund Is Running Dry
The Chicago Teachers’ Pension Fund is paying out more than $1 billion a year — much more than it has been taking in — and experts say the fund could collapse within a few years.
Tuesday, September 11, 2012
Education spending rising but access to higher education remains unequal in most countries, says OECDEducation spending rising but access to higher education remains unequal in most countries, says OECD
Governments should increase investment in early childhood programmes and maintain reasonable costs for higher education in order to reduce inequality, boost social mobility and improve people’s employment prospects, according to a new OECD report. Education at a Glance 2012 reveals stark differences between countries in the opportunities they offer young people to enter higher education, notably for children of poor families or whose parents have had a limited education.
In Standoff, Latest Sign of Unions Under SiegeIn Standoff, Latest Sign of Unions Under Siege
The high-stakes strike by 26,000 public school teachers in Chicago is only the latest episode in which the nation’s teachers’ unions have been thrown on the defensive.
Talks Continue in Chicago Teachers’ StrikeTalks Continue in Chicago Teachers’ Strike
Thousands of teachers and supporters took to the streets in downtown Chicago on Monday, wrapping around two blocks. In negotiations, teacher evaluations appear to be the most difficult issue to resolve.
Chicago teachers strike echoes national debate on accountabilityChicago teachers strike echoes national debate on accountability
It strains alliances between the unions and Democratic leaders, whose views on teacher evaluations are shifting.
Employer health premiums increased 4% this year, survey findsEmployer health premiums increased 4% this year, survey finds
Health insurance premiums for employer-sponsored coverage rose a moderate 4% this year, a national survey shows, but experts warn that rates...
Friday, September 07, 2012
Where are the 'job creators'? A Labor Day conversationWhere are the 'job creators'? A Labor Day conversation
In recognition of Labor Day, and recent polls showing jobs as Americans' top concern, UC Berkeley economist Enrico Moretti author of The New Geography of Jobs, shares his thoughts on employment, salaries, tax cuts and what he calls a "new geography of inequality."
Dockworkers return to talks ahead of contract expirationDockworkers return to talks ahead of contract expiration
The union representing U.S. dockworkers and the organization for shipping companies and ports agreed on Thursday to resume labor talks to avert a possible strike that would stop container movement at 36 ports along the U.S. Atlantic and Gulf coasts.
Who Wears the Pants in This Economy?Who Wears the Pants in This Economy?
In the last decade,men, especially working-class and middle-class men, have had very different experiences in this economy from the women around them.
The Job Market Has a Case of the BlahsThe Job Market Has a Case of the Blahs
The sluggish labor market recovery continued in August, with employers adding 96,000 to their payrolls. This rate of job gain is approximately fast enough to keep pace with the growth of the working-age population. If maintained over several months, however, it is too slow to put a dent in the nation’s unemployment rate.