Labor & Economic News Blog
Monday, June 30, 2014
California voters reject tenure, layoff rules for public school teachersCalifornia voters reject tenure, layoff rules for public school teachers
A strong majority of California voters oppose the state’s tenure and layoff policies for public school teachers, according to a new poll released just days after the landmark Vergara court case invalidated both statutes as unconstitutional.
State Public Pension Investments Shift Over Past 30 YearsState Public Pension Investments Shift Over Past 30 Years
The Pew Charitable Trusts ... In a bid to boost investment returns, public pension plans in the past ... With $3 trillion in assets and the retirement security of 14.5 million state and local employees at stake, sound investment ...
What’s the Matter With Eastern Kentucky?What’s the Matter With Eastern Kentucky?
Coal country is the most disadvantaged part of our nation. Why have decades of federal intervention failed?
Supreme Court Rejects Contraceptives Mandate for Some CorporationsSupreme Court Rejects Contraceptives Mandate for Some Corporations
The Supreme Court ruled, 5 to 4, that family-owned corporations cannot be required under the Affordable Care Act to pay for insurance coverage for contraception.
Justices Rule Some Public Workers Need Not Pay Union FeesJustices Rule Some Public Workers Need Not Pay Union Fees
In a 5-4 decision, the court said there was a type of worker — a partial public employee — who could choose not to join a union.<
Friday, June 27, 2014
As Panama Canal Expands, West Coast Ports Scramble to Keep Big ShipsAs Panama Canal Expands, West Coast Ports Scramble to Keep Big Ships
Tacoma, Wash., Seattle and other West Coast ports are spending billions on upgrades to keep themselves competitive in the overall fight for foreign trade.
Ikea to raise its average minimum hourly wage to $10.76 ...Ikea to raise its average minimum hourly wage to $10.76 ...
Swedish furniture giant Ikea is wading into the contentious American minimum wage debate by raising pay in its U.S. stores.
At CVS, only the very rich get much richerAt CVS, only the very rich get much richer
At CVS Caremark, it doesn't pay to be really good at your job. The nation's second-largest drugstore chain adjusts its annual raises to how much an employee makes. The higher your salary, the lower your raise. The top workers at CVS stores — those earning the highest hourly wage for their job classification — are "red lined" by the company and receive no raises at all.
Thursday, June 26, 2014
Economy in First Quarter Was Worse Than Everybody ThoughtEconomy in First Quarter Was Worse Than Everybody Thought
NYC Mayor Bill De Blasio Leads Pledge Of Income EqualityNYC Mayor Bill De Blasio Leads Pledge Of Income Equality
Wednesday, June 25, 2014
The economy shrank almost 3 percent in Q1. Holy guacamole.
Comparing the Effects of State Minimum Wage Increases in ...Comparing the Effects of State Minimum Wage Increases in ...
Institute for Research on Labor & Employment
Center on Wage and Employment Dynamics
Tuesday, June 24, 2014
It’s Official: The Boomerang Kids Won’t LeaveIt’s Official: The Boomerang Kids Won’t Leave
A Job Seeker’s Desperate ChoiceA Job Seeker’s Desperate Choice
5 years after the Great Recession: Where are we now?It was the worst U.S. economic calamity since the 1930s. Over 19 months, the Great Recession erased trillions of dollars of wealth, destroyed 8 million jobs and robbed tens of thousands of their homes. More than half of adults lost a job or saw a cut in pay or hours, and almost everybody's wealth fell. In the five years since the recovery began, the economy has grown slowly, in fits and starts.
Obama urges Congress and employers to expand benefits for familiesObama urges Congress and employers to expand benefits for families
Tuition financial aid on the way for middle-class California familiesTuition financial aid on the way for middle-class California families
Wednesday, June 18, 2014
California set for more exports, strong manufacturing
The Economy May Be Improving. Worker Pay Isn’t.The Economy May Be Improving. Worker Pay Isn’t.
Good Cop, Bad Cop: How Infighting is Costing NJ TaxpayersGood Cop, Bad Cop: How Infighting is Costing NJ Taxpayers
New Jersey taxpayers are footing the bill for millions of dollars worth of legal costs and settlements for lawsuits against local police officers, police departments and towns. The majority of those cases are legal spats between individual officers or officers and departments, not civilian suits.
Are You Ready for Retirement?Are You Ready for Retirement?
IMF chief wants U.S. to raise the minimum wageIMF chief wants U.S. to raise the minimum wage
Lagarde said more policy changes would lead to "medium-term fiscal growth."
Report says too many teachers-to-be are poor students...Report says too many teachers-to-be are poor students...
Higher education institutions are training some of the weakest students to lead the nation's classrooms.
That’s one of the conclusions of a new report from the National Council on Teacher Quality. On top of that, the advocacy group says fewer than 10 percent of the teacher training programs it's assessed are doing a stellar job.
Report finds low graduation rates, but high federal aid
Tuesday, June 17, 2014
Expanding apprenticeships is worth the investmentExpanding apprenticeships is worth the investment
US Secretary of Labor Thomas Perez spoke today at the Urban Institute about the value of investing in a robust apprenticeship program. Young people today face high student debt, high unemployment rates for young workers, and weak future job prospects. Apprenticeships may be the answer to these problems.
Monday, June 16, 2014
Home, Food Or Health Care: A Choice Many Renters Can't ...Home, Food Or Health Care: A Choice Many Renters Can't ...
Many renters now pay more than 50 percent of their income on rent. ... Home, Food Or Health Care: A Choice Many Renters Can't Afford.
Starbucks Brews Up College Educations For EmployeesStarbucks Will Pay For Employees To Complete College ...
Starbucks will pay for the online college education of thousands of its U.S. employees, according to The New York Times. The program is part
If a Teenager Lands a Summer Job, the Value Is LastingIf a Teenager Lands a Summer Job, the Value Is Lasting
Finding Shock Absorbers for Student DebtFinding Shock Absorbers for Student Debt
Measuring Recovery? Count the Employed, Not the UnemployedMeasuring Recovery? Count the Employed, Not the Unemployed
Definition of ‘Rich’ Changes With IncomeDefinition of ‘Rich’ Changes With Income
A little-known worker benefit: Employee assistance programs
Starbucks to cover large portion of college tuition for workersStarbucks to cover large portion of college tuition for workers
The Seattle coffer purveyor announced Monday that it will give about $6,500 a year in tuition reimbursement to employees who enroll in Arizona State University's online bachelor's degree programs. That would cover about half of tuition costs.
Minimum wage hike won't help many workers in S.F.Minimum wage hike won't help many workers in S.F.
A proposal to increase San Francisco's minimum wage, already the highest in the nation, won't do much to close the income gap in this high-cost city.
Friday, June 13, 2014
The Impact of Oakland’s Proposed City Minimum Wage Law: A Prospective Study
Thursday, June 12, 2014
More than 10,000 suicides attributed to Great Recession, study findsMore than 10,000 suicides attributed to Great Recession, study finds
The authors suggest investing in work re-entry programs could reduce the risk of suicide
CEOs Make 296 Times More Than Their Workers in 2013
The middle class gets creamed again: Why CEO performance pay is awful for everyone but CEOs
The middle class gets creamed again: Why CEO performance pay is awful for everyone but CEOs
A new paper reveals that soaring CEO salaries aren't just unfair but deeply harmful to the economy
Tuesday, June 10, 2014
Key teacher job protections unlawful, judge rulesKey teacher job protections unlawful, judge rules
The ruling, a major loss for unions, comes in a lawsuit alleging that the process for laying off, dismissing and granting tenure to teachers hurts students by leading to ineffective instruction
Monday, June 09, 2014
Farm Workers' Low Wages Hinder San Joaquin Valley's ...
Job Outlook Brightens For Graduates, Though Problems ...Job Outlook Brightens For Graduates, Though Problems ...
Millennials struggling to provide a boom to the housing marketMillennials struggling to provide a boom to the housing market
Most L.A. city employees don't live in L.A., Times analysis finds
The Age Premium: Retaining Older WorkersThe Age Premium: Retaining Older Workers
Valuing knowledge and experience, some employers are making extra efforts to encourage longtime workers to stay.
Noncompete Clauses Increasingly Pop Up in Array of JobsNoncompete Clauses Increasingly Pop Up in Array of Jobs
Once largely limited to the technology and sales sectors, the agreements are entering a range of fields; even camp counselors and hairstylists are being required to sign.
Minimum Wage: Who Makes It?Minimum Wage: Who Makes It?
Most workers who earn the minimum wage are older than they used to be and more educated.
Friday, June 06, 2014
U.S. military veterans and nonveterans in the labor force, 2013U.S. military veterans and nonveterans in the labor force, 2013
June 6 is the 70th anniversary of the Allied Invasion of Normandy during World War II. To mark the occasion, we take a brief look at the 21.4 million men and women in 2013 who were U.S. military veterans. These veterans accounted for 9 percent of the civilian noninstitutional population age 18 and older.
The French Sensation: Income Inequality in 700 Pages and a Hundred GraphsThe French Sensation: Income Inequality in 700 Pages and a Hundred Graphs
Capital is a giant, data-packed tome on income inequality covering three hundred years of history by the French economist Thomas Piketty. Is there a reason he’s getting the rock star treatment? Is it the symptoms that resonate so — our drift into oligarchy — or the cure — a progressive tax on wealth?
Americans Say Big Business Helps Overseas, Less So at HomeAmericans Say Big Business Helps Overseas, Less So at Home
Majority says large U.S. companies do poor job helping grow U.S. economy
U.S. job market recaptures all the jobs that were lost during the recessionU.S. job market recaptures all the jobs that were lost during the recession Businesses created 217,000 new jobs in May, while the jobless rate held steady at 6.3 percent.
For Some Retirees, a Second Act Is Easier Than ExpectedFor Some Retirees, a Second Act Is Easier Than Expected
Skills honed during decades spent in one career can be relevant to strikingly different positions, experts say.
2014 Milliman Medical Index2014 Milliman Medical Index
$23,215. That’s how much is spent in 2014 on healthcare for a typical American family of four covered by an average employer-sponsored health plan according to the 2014 Milliman Medical Index (MMI). And yet while the amount has more than doubled over the past 10 years, growing from $11,192 to $23,215, the 5.4% growth rate from 2013 to 2014 is the lowest annual change since the MMI was first calculated in 2002.
More Fathers Who Stay at Home by ChoiceMore Fathers Who Stay at Home by Choice
How the Recession Reshaped the Economy, in 255 ChartsHow the Recession Reshaped the Economy, in 255 Charts