by Michael Saltsman. NY needs to take note of SF. Couples across the country spent Valentine’s Day watching the rom-com “You’ve Got Mail,” where Tom Hanks and Meg Ryan fight over customers as his bookstore behemoth threatens to gobble up her neighborhood Shop Around The Corner. That storyline resonated with viewers in 1998, and ... MORE
Showing posts with label unemployment. Show all posts
Showing posts with label unemployment. Show all posts
Killing Jobs & Closing Doors — A Minimum-Wage Warning
by Michael Saltsman. NY needs to take note of SF. Couples across the country spent Valentine’s Day watching the rom-com “You’ve Got Mail,” where Tom Hanks and Meg Ryan fight over customers as his bookstore behemoth threatens to gobble up her neighborhood Shop Around The Corner. That storyline resonated with viewers in 1998, and ... MOREBusinesses Find Ways To Cope With Minimum Wage Hikes
by Chris Kirkham. Low-skill workers, consumers pay the price. When the minimum wage in San Jose went from $8 to $10 an hour in 2013,
Adolfo Gomez started sending kitchen staff at his Mexican restaurant
home early. His mother and brother handled the extra work. In
Albuquerque, Myra Ghattas told cooks and hostesses to come in later when
the ... MORE
Jim Clifton: The Big Lie: 5.6% Unemployment
Official lies from government. Here's something that many Americans -- including some of the smartest and most educated among us -- don't know: The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading. Right now, we're hearing much celebrating from the media, the White House and Wall ... MORERecord 92,898,000 Americans Not In The Workforce
by Caroline May. But no worries, government also says unemployment rate drops to 5.6%. A record 92,898,000 Americans 16 years and older did not participate in the labor force last month, according to data released by the Bureau of Labor Statistics. The BLS defines people not in the work force as people 16 years and
up who are not employed and ... MOREWalter E Williams: Black Progression And Retrogression
What if racism is not the problem? There is no question, though it's not acknowledged enough, that black Americans have made greater gains, over some of the highest hurdles and in a very short span of time, than any other racial group in mankind's history. What's the evidence? If black Americans were thought of as a nation with their own gross ... MOREKatie Kieffer: Next Time, Try Rogaine
How to not share the hair. “Desperate” is not disguising a bald spot with spray paint or treating a thinning scalp with Rogaine; desperate is murdering over a lock of human hair—and unemployed Americans are growing desperate. Despite Michelle Obama’s claim that her hubby unleashed a “huge recovery,” the only visible recovery is on ... MORETim Stanley: Numbers Prove Life Under Obama Sucks
America is so over Obama. In 2008, the media and a majority of the voters were head-over-heels in love with the man who told them that “yes, we can” overcome war and recession. By 2012, the amour had cooled but they were willing to give four more years to the guy who was – if nothing else – way hotter than Mitt Romney. But now it’s 2014 ... MORE
Minimum Wage Backfire: McDonald's Move To Automate
from the Wall Street Journal. If there’s a silver lining for
McDonald’s
in Tuesday’s dreadful earnings report, it is that perhaps union
activists will begin to understand that the fast-food chain cannot solve
the problems of the
Obama
economy. The world’s largest restaurant company reported a 30%
decline in quarterly profits on a 5% ... MOREHave Entitlements Become More Attractive Than Work?
A new food stamp pattern. The food stamp program (more formally, the Supplemental Nutrition Assistance Program, or SNAP) is intended to help low-income Americans with their food bills. Traditionally, the number of Americans receiving SNAP benefits rises during poor economic times and falls during good ones. But that is not what is ... MORESmall Restaurants Feel Pinch of Minimum Wage Hike
by Kevin Mooney. Bad news for mom and pop. As far as Rob Pluta is concerned, New Jersey lawmakers who say they want to help restaurant workers by raising the state’s minimum wage for tipped employees have it all wrong. If Trenton wants to help these workers, says Pluta, who owns and operates Leonardo’s II, an Italian eatery in Lawrenceville, it ... MOREMinimum Skills Translate To A Minimum Wage
by Abdul-Hakim Shabazz. Whenever I read an article about fast-food workers demanding $15 an hour I have to double check and make sure I am not getting my news from the Onion or some other satirical website. You’ve seen the headlines as of late. A group of low-skilled, usually low-educated, workers are demanding $15 an hour just ... MOREEli Lehrer: Hiking the Minimum Wage Won't Help the Poor
Doing more harm than good. The ground has been shifting in the battle over the minimum wage. With President Obama's proposal to hike the national minimum from $7.25 to $9 an hour stalled in Congress, local labor activists have been aiming even higher, getting behind a vastly higher minimum wage of $15 an hour. The proposals are ... MOREIBD: The Worst Job Stat Continues To Get Even Worse
by Jed Graham. Amid all the focus on boosting the minimum wage and legislating living wages, virtually no one seems to have noticed what is happening to the workweek in low-wage industries.
Since December 2012, private industries paying up to about $14.50 an hour have added, on net, 972,000 nonsupervisory jobs with an average workweek of a mere 17.7 hours, an IBD analysis finds.
That doesn't mean new employees are being hired for such few hours. Rather, it reflects a combination of reduced hours in existing jobs and ... MORE
When It’s Easier To Pay No Wages Rather Than A Minimum
by Tyler Durden. As of today there is no hotter subject following on the heels of Obama-Care than the current fight brewing in the minimum wage debate. Regardless of which side of the aisle (or counter) you’re on, the argument as to demand a government regulated hike of upwards of 50% or more in some places puts a question squarely on the ... MOREYoung, Bummed & In Debt: Why Aren't Millennials Angrier?
by Veronique de Rugy. Until recently, a bad job market was nearly always bad news for political incumbents. Unemployed and anxious voters have a habit of throwing the bums out. But headed into the 2016 election season, one large demographic group is still likely to vote Democratic: millennials. Which is weird, because when it comes to the labor ... MORE
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