Quick quiz: You’re a young ad executive, and you’ve just been promoted after nine months. A recruiter calls about a bigger job at another agency. It would be your first supervisory role, and the salary jump is $25,000. What do you do? For many people, the answer is obvious: Put on your running shoes. That’s […] Read More → 
Bob Adelmann | New American The city of SeaTac, which holds the Seattle-Tacoma International Airport, raised the minimum wage to $15 an hour starting January 1 for some businesses. Within weeks of the beginning of the SeaTac “experiment,” the impact of the passage of Proposition One had become evident. Despite the fact that the new […] Read More → 
The Economic Collapse – by Michael Snyder Should we be concerned that the percentage of Americans that are either working or looking for work is the lowest that it has been in 36 years? In August, an all-time record high 92,269,000 Americans 16 years of age and older did not “participate in the labor force”. […] Read More → 
Los Angeles, the second-largest U.S. city by population, would boost its minimum wage to $13.25 an hour by 2017, almost twice the current federal regulation, under a proposal by Mayor Eric Garcetti. Garcetti, a 43-year-old Democrat, said he will ask the City Council to lift the prevailing $9 minimum to $10.25 next year, then phase-in […] Read More → 
Larry Kudlow – Co-written by Robert Sinche Neel Kashkari, the Republican candidate for governor of California, just recounted in The Wall Street Journal his week on the streets of Fresno posing as a homeless man looking for work. At the end of his op-ed, Kashkari lamented that he didn’t need a higher minimum wage, paid sick […] Read More → 
The Federal Reserve said the labor market still has plenty of room for improvement, even after a surprising drop in unemployment, bolstering the case for keeping interest rates low. “A range of labor-market indicators suggests that there remains significant underutilization of labor resources,” the Federal Open Market Committee said today in a statement in Washington, […] Read More → 
Peter Morici Friday, the Labor Department is expected to report the economy added 235,000 jobs in July, and the unemployment rate remained steady at 6.1 percent, but that hardly tells the story. The jobless rate may be down from its recession peak of 10 percent, but much of this results from adults, discouraged by the […] Read More → 
Microsoft (MSFT) announced Thursday in a memo from CEO Satya Nadella that it will cut a total of 18,000 jobs in the next year. The action is more than triple the company’s 2009 elimination of 5,800 positions. Last year’s acquisition of Nokia’s handset business brought the number of employees up from 99,000 to 127,000. Microsoft […] Read More → 
The unemployment rate is an estimated measurement of the number of people who are not working as a percentage of the population that is or wants to be employed. It does not include people who are not working. These people make up what is described as the labor force, and all other people are removed. […] Read More → 
The percentage of Americans on welfare in 2011 was the highest yet calculated According to the 2014 version of a report that the Department of Health and Human Services is required by law to issue annually, the percentage of Americans on welfare in 2011 was the highest yet calculated. The data for 2011 is the most recent […] Read More → 
A Seattle business group has submitted signatures to try to force a public vote to repeal a municipal measure that would raise the city’s minimum wage to $15 an hour, a leader of the organization said on Thursday. Forward Seattle, which represents restaurants, retailers and other businesses, handed in just under 20,000 signatures to the […] Read More → 
Michael Snyder | American Dream Do you wish that you had a better job? If so, you are not alone. In fact, there are millions upon millions of Americans that get up every day and go to a job that they wish that they could afford to quit. Unfortunately, most Americans end up just desperately […] Read More → 
Even as millions of baby boomers approach retirement, the Social Security Administration has been closing dozens of field offices, forcing more and more seniors to seek help online instead of in person, according to a congressional report being released Wednesday. The agency blames budget constraints. As a result, seniors seeking information and help from the […] Read More → 
“When I go to the doctor, I pay for that,” she says. “At work, they don’t give you 40 hours. … That’s why it’s not enough.” A White House spokesperson declined to comment. Ferrier is one of several hundred nonunion workers employed by private companies under federal contracts who signed a letter to Obama to […] Read More → 
Hector Barreto Sometimes it seems like everything in Washington is pure politics – even the simple act of two government workers deciding where to grab their Friday lunch. Of course, that’s especially true if the two coworkers are President Barack Obama and Vice President Joe Biden. Last month the duo ducked into the Washington, D.C. […] Read More → 
In what is undoubtedly another “foot in mouth” statement by Biden, he explains that he and Barack never promised good paying jobs. Leave it to Biden to look for a loophole. As if you would campaign on getting people low paying jobs?! Biden defended the economic recovery (that never happened) and admitted that the White […] Read More →