California Minimum Wage Soars to $10
ThinkstockCalifornia Governor Jerry Brown signed a bill that will take the state’s minimum wage to $10 from the current $8 in two stages — $9 an hour next year and $10 in 2016. The…
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Newest first · Page 55BlackBerry Layoffs and a Week of Firings Elsewhere Stand as Warning
ThinkstockMaybe it just feels like it (or looks like it), but the upcoming layoff of 4,500 people at BlackBerry Ltd. (NASDAQ: BBRY) had some company this past week. A number of other firms across…
Are Weekly Jobless Claims Becoming Impossible for the Markets to Rely Upon?
ThinkstockThe U.S. Labor Department has long had criticism of its calculations, reporting and even its computer systems. That has been true under all administrations in our lifetimes, and may be true under all administrations…
Another Reason Not to Be Poor
ThinkstockAmong the most common comments about the new Census Bureau data on income, poverty and insurance coverage is that the rich have gotten richer and, at best, the middle and lower classes have held…
More Positive Employment Trends, Quicker End to Fed Quantitative Easing
ThinkstockThe Conference Board’s Employment Trends Index rose in August to 113.54 from an upwardly revised 112.80 in July. While the number on the surface is small, it should stand out that the Employment Trends…
San Francisco Fed: Part-Time Work Remains Extremely High
ThinkstockNew data from the Federal Reserve Bank of San Francisco about the stubborn presence of part-time workers in the U.S. economy: Part-time work spiked during the recent recession and has stayed stubbornly high, raising…
Many Workers Still Anxious Years After Recession
ThinkstockThe recession may have ended almost three years ago, but many American workers fell it was only yesterday when the jobless rate rose into double digits and the economy was shedding more than 500,000…
Unemployment Above 25% in Spain and Greece
ThinkstockIf the European economy has improved at all, it has not shown up in unemployment numbers among the region’s weakest nations. According to Eurostat, within the region: Among the Member States, the lowest unemployment…
As Workers Strike for Higher Wages, Public Shows Support for Unions
ThinkstockAs retail and fast-food workers strike across 60 cities as a means to get their employers to raise wages as high as $15 an hour, most Americans support the labor union system, a fact…
Seven Highly Educated Jobs Making the Least Money
ThinkstockMore than two-thirds of 2011’s college graduates had student debt. Those students, according to the Project on Student Debt, had an average of more than $25,000 in back loans. To make matters worse for…
America’s Most Popular Six-Figure Jobs
ThinkstockThe median household income in the United States has increased slightly over the past two years, but it is still down more than 6% from the start of the recession. As of June, a…
Why Double-Digit Unemployment Persists in Pockets
ThinkstockBased on recent national unemployment rates, it would appear that job creation has improved sharply from when the economy was shedding half a million jobs a month and the jobless rate rose to more…
America’s Disappearing Jobs
ThinkstockBecause of a major decline in jobs during the recession, the number of nonfarm workers is up just 5% over the past 10 years. While the past decade’s painful recession and the slow job…
The 10 Fastest-Growing Jobs in America
ThinkstockOver the past 10 years, the number of nonfarm workers rose by just 5%. But despite past decade’s painful recession and the slow job growth that has followed, several occupations have more than doubled…
As Fast Food Forward Movement Spreads, Its Leader Makes Over $250,000
ThinkstockThe Fast Food Forward movement to increase pay for people who work at fast-food companies like McDonald’s Corp. (NYSE: MCD) and Yum! Brands Inc. (NYSE: YUM) seems to have a fair point. These workers cannot live much…