Tag: Wages and Salaries

Small Business Loans Flowed to Health Care, Construction and Big States

WASHINGTON — Initial data released Monday by the Trump administration showed that businesses in big states like California and Texas received the most in loans from the government’s small business relief program, with health care, professional services and construction among the sectors that have tapped the largest amount of funding. Of the $521 billion allocated […]

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European Workers Draw Paychecks. American Workers Scrounge for Food.

LONDON — In the southeast corner of Ireland, Brian Byrne’s event-planning business was confronting a calamity. It was the middle of March, and the coronavirus pandemic was nearing peak lethality. As the government barred gatherings like music festivals, his revenue disappeared, forcing him to consider laying off his four full-time workers. But a swiftly arranged […]

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N.F.L. Owners and Players in Talks on How to Offset Loss of Fans

N.F.L. team owners and the players’ union, chastened by the spread of the coronavirus and mindful of other professional leagues’ struggles to return to play, are considering playing the 2020 regular season with few or no fans in attendance and are actively discussing how to absorb lost revenue potentially worth billions, according to three people […]

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Who Will Recover Faster From the Virus? Europe or the U.S.?

BRUSSELS — After the devastating financial crisis of 2008 and 2009, the United States recovered much more quickly than Europe, which suffered a double-dip recession. This time, many economists say that Europe may have the edge. The main reason America did well was the rapid response of the government and the flexible nature of the […]

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Mayor de Blasio, Bring Back Summer Jobs

As our country grapples with both a global pandemic and the devastating impacts of long-term systemic racism, political leaders are rightfully looking to enact policies that meaningfully benefit low-income and minority communities. Many solutions will take time, but there is one action that mayors across the country — including in New York City — can […]

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Uber Rides Cost More? OK

The underpinning of countless Silicon Valley success stories is a method of commerce that treats millions of workers as disposable and deprives them of protections regular employees enjoy, like employer-paid health care. Keeping Uber drivers and DoorDash food couriers classified as contractors saves the companies billions in costs and has helped fuel billions more in […]

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Baseball Avoided a Lost Season. But Bigger Threats May Lie Ahead.

The tremors are over. When major league players stick their cleats into the dirt for training camp next week, the ground below them will be still. The invisible threat to their season — the coronavirus — is still out there, of course. But the game is coming back in an unprecedented form. It will be […]

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When Bosses Shared Their Profits

After the bruising crises we’re now going through, it would be wonderful if we could somehow emerge a fairer nation. One possibility is to revive an old idea: sharing the profits. The original idea for businesses to share profits with workers emerged from the tumultuous period when America shifted from farm to factory. In December […]

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The Black-White Wage Gap Is as Big as It Was in 1950

Black Share of Wages That’s remarkable. Despite decades of political change — the end of enforced segregation across the South, the legalization of interracial marriage, the passage of multiple civil rights laws and more — the wages of black men trail those of white men by as much as when Harry Truman was president. That […]

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Income and Wealth Inequality Has Devastated American Workers

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Why Do We Pay So Many People So Little Money?

With notable abruptness, thanks to the advent of the coronavirus, much of the public has become aware of its dependence on hospital orderlies, cleaners, trash collectors, grocery workers, food delivery drivers, paramedics, mortuary technicians, and postal, shipping, maintenance, wastewater treatment, truck stop and mass transit employees — on what, to many, had been a largely […]

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American Workers Deserve to Live With Dignity

Companies across the United States are scrambling to address chronic diversity shortcomings in response to the peaceful protesters marching for racial justice in America. But there’s a related injustice that few business leaders have acknowledged. It’s the increasingly poor treatment of lower-income workers in the United States over the past half century, a trend that […]

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Players Reject 60-Game Plan, Leaving Manfred to Determine M.L.B. Season

Nearly three months of rancorous negotiations between Major League Baseball’s players and the owners of its 30 teams landed on Monday in the same place they started: without an agreement on how to play the season. The players’ union overwhelmingly rejected M.L.B.’s proposal for a 60-game season at full prorated salaries on Monday, essentially daring […]

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As Baseball Teeters, Rob Manfred’s Words Ring Hollow

Bud Selig presided over a canceled World Series, which would seem to be about as bad as it gets for a baseball commissioner’s legacy. Yet his successor, Rob Manfred, may sink even lower. Manfred just might cancel the entire 2020 season. On the First-Year Player Draft broadcast last week, Manfred said with absolute certainty — […]

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After More Proposals, Players Tell M.L.B.: ‘Tell Us When and Where’

What once seemed like a worst-case scenario for Major League Baseball — a regular season of roughly 50 games — now appears to be all but inevitable. In yet another round of sharply worded statements and correspondence on Saturday night, the players’ union rejected the league’s latest salary proposal and essentially dared the league commissioner, […]

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As Money Squabbles Delay M.L.B., Many Workers ‘Just Get Steam-Rolled’

Like thousands of minor league baseball players, Zack Kelly knew May 31 was an important date. With professional baseball on pause because of the pandemic, M.L.B. had ensured minor leaguers would be paid $400 a week through the end of the month — and Kelly had a hunch that some players would be released as […]

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The Stark Racial Inequity of Personal Finances in America

We cannot quantify the injustice of a white policeman holding his knee on the neck of a handcuffed, dying black man. And mere numbers cannot fully express the power imbalance involved in the deaths of George Floyd and too many others like him. But we can measure the economic inequity that serves as their backdrop. […]

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As Baseball Squabbles Over Money, It Risks a ‘Disastrous’ Outcome

It was all there for baseball, a chance to fulfill some of its high-minded ideals, to be a symbol of renewal and a comforting distraction in times of trouble. And even if you don’t buy into that vision, you have to admit: It sure would be nice to have some original, live programming instead of […]

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Amazon Warehouse Workers Deserve Continued Hazard Pay

Video by Sanya Dosani and Taige Jensen Video transcript Back transcript We Work in an Amazon Warehouse. We Didn’t Sign Up to Be Heroes. Thanks for the flattering commercials, but we’re about to lose our hazard pay. My typical morning, my cat usually jumps on my face. Then my alarm goes off about 4 o’clock. […]

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Who Should Bear the Financial Brunt of the Coronavirus in Baseball?

Kevin Cash wore a mask for eight years as a major league catcher. He never needed one as a manager until this week, when his Tampa Bay Rays began voluntary workouts at Tropicana Field. “We walk in with them on and basically leave them on,” Cash said by phone after Wednesday’s practice. “If we take […]

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After the Coronavirus, Don’t Forget the Paramedics

On the morning of Sept. 11, 2001, I was working as a paramedic in Lower Manhattan. I responded to the attacks on the World Trade Center. In dust so thick it shrouded the sun, my fellow rescue workers and I picked our way through the rubble, looking for survivors. Very few of us had masks. […]

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Coronavirus Hits China’s Economy, and Young Workers Suffer

Ms. Huang, who graduated last year from one of China’s most prestigious drama schools, got an offer in December for her first job in show business, working for a company that books bands for bars in Beijing and Shanghai. The coronavirus, which virtually froze China for weeks, brought that gig to an end before it […]

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Pay Cuts Become a Tool for Some Companies to Avoid Layoffs

It was late and Martin A. Kits van Heyningen feared he was letting the team down at the company he co-founded, KVH Industries. Rather than lay off workers in response to the coronavirus pandemic, he had decided to cut salaries, and when he emailed a video explaining his decision at 3 a.m. last month, he […]

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Kayleigh McEnany Displays One of Trump’s Checks in a Little Too Much Detail

WASHINGTON — It’s a feel-good story that President Trump’s press secretaries have relished over the years: the quarterly announcement of which government agency Mr. Trump has selected to be the lucky recipient of his salary, an easy way to show the president sticking to his 2016 campaign pledge to forgo his $400,000 salary and donate […]

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Could the Coronavirus Bring Europe Back Together?

PARIS — When Jean Monnet, one of the founding fathers of the European Union, warned decades ago that Europe would be forged through crises and “would be the sum of its solutions,” little could he have imagined that his prediction would one day be put to the test by a virus. On Monday, speaking jointly […]

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Could the Coronavirus Bring Europe Back Together?

PARIS — When Jean Monnet, one of the founding fathers of the European Union, warned decades ago that Europe would be forged through crises and “would be the sum of its solutions,” little could he have imagined that his prediction would one day be put to the test by a virus. On Monday, speaking jointly […]

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Facebook Starts Planning for Permanent Remote Workers

OAKLAND, Calif. — Facebook said on Thursday that it would allow many employees to work from home permanently. But there’s a catch: They may not be able to keep their big Silicon Valley salaries in more affordable parts of the country. Mark Zuckerberg, Facebook’s chief executive, told workers during a staff meeting that was livestreamed […]

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