Tag: Wages and Salaries

Big Contracts, Big Buyouts, Big Pressure: College Football Coaches Hit the Jackpot

The contract terms for Louisiana State University’s new football coach promise an unusually enormous payout for mediocrity: If the Tigers win just half of their regular-season games, de rigueur for a program with three national championships since 2003, Brian Kelly will receive $500,000 — on top of at least $9 million a year in other […]

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November 2021 Jobs Report: A Gain of 210,000

Employers recorded the year’s weakest hiring in November, adding only 210,000 jobs on a seasonally adjusted basis, the Labor Department said Friday. Economists had expected the number to be above half a million for the second straight month. The shortfall was particularly stark given that the data was collected before the emergence of the Omicron […]

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Why the Fed Chair Won’t Call Inflation ‘Transitory’ Anymore

Jerome Powell, the Federal Reserve chair, picked an interesting time to banish “transitory” from his vocabulary. All year he has been describing the rise in inflation as transitory — five times in a single speech in August, for example. On Tuesday he publicly changed his mind, telling the Senate Banking Committee that it was “probably […]

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November Jobs Report Shows Workers Remain Optimistic

For many economists, the American labor market remains a puzzle. The November jobs report, released on Friday by the Labor Department, shows that the unemployment rate edged down to 4.2 percent and is getting closer to its level before the pandemic. The number of nonfarm payroll jobs rose by 210,000, disappointing expectations of a more […]

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What Europe Can Teach Us About Jobs

Americans have a hard time learning from foreign experience. Our size and the role of English as an international language (which reduces our incentive to learn other tongues) conspire to make us oblivious to alternative ways of living and the possibilities of change. Our insularity may be especially damaging when it comes to countries with […]

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Amazon Union Vote in Alabama Is a Step Closer to Being Overturned

A regional office of the National Labor Relations Board on Monday ordered a new election at an Amazon warehouse in Alabama where workers opposed a union in a vote earlier this year two to one. The office’s order, confirmed by a spokeswoman for the labor board, was widely expected after a hearing officer recommended in […]

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Supply Chain Shortages Help a North Carolina Furniture Town

HICKORY, N.C. — Six months into the coronavirus pandemic, as millions of workers lost their jobs and companies fretted about their economic future, something unexpected happened at Hancock & Moore, a purveyor of custom-upholstered leather couches and chairs in this small North Carolina town. Orders began pouring in. Families stuck at home had decided to […]

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Pinterest Pledges $50 Million on Reforms to Resolve Discrimination Allegations

Pinterest pledged $50 million to overhaul its corporate culture and promote diversity as part of an agreement to resolve allegations that it discriminated against women and people of color, according to court documents and statements from the plaintiffs and the company. The settlement was announced on Wednesday by Seth Magaziner, the general treasurer of Rhode […]

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N.Y.C. Severs Ties With Housing Nonprofit Run by Jack A. Brown III

Nine of the 62 groups that run shelters are on an internal city watch list for issues that include conflicts of interest and financial problems. All of them continue to receive city funding. In February, after a Times investigation uncovered abuses by another homeless shelter operator in the Bronx, Mr. de Blasio ordered a sweeping […]

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The Searing Beauty, and Harsh Reality, of a Kentucky Tobacco Harvest

I step into the tobacco field as the first rays of sunlight begin to pierce the early-morning fog. The men of the cutting crew are already hard at work harvesting the tall burley tobacco plants that have taken root in the soil over the past few months. The sound of hatchets resonates across the field: […]

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Solutions for the Shortage of Truck Drivers

As the article notes, only 7 percent of truckers are women. A way to grow the field of truckers is recruiting and retaining more women drivers. A report by Time’sUp Foundation and the Institute for Women’s Policy Research shows that sexual harassment can flourish in isolated, male-dominated fields such as trucking, pushing women out of […]

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Joe Biden’s Infrastructure Bill Is a Big Success

Joe Biden came to the White House at a pivotal moment in American history. We had become a country dividing into two nations, one highly educated and affluent and the other left behind. The economic gaps further inflamed cultural and social gaps, creating an atmosphere of intense polarization, cultural hostility, alienation, bitterness and resentment. As […]

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Striking Deere Workers Approve a New Contract on the Third Try

About 10,000 workers at the agriculture equipment maker Deere & Company will go back to work after the approval of a contract on Wednesday, bringing to an end a five-week strike that affected 14 facilities primarily in Iowa and Illinois. The six-year contract was ratified, 61 percent to 39 percent, after workers voted down two […]

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Hollywood crew union narrowly ratifies its contracts with studios.

Camera operators, prop makers, lighting technicians and other members of the International Alliance of Theatrical Stage Employees ratified new contracts with Hollywood studios on Monday. But the margin was perilously narrow, with many members viewing the pact as toothless in terms of preventing long working hours — the kind of conditions recently endured on the […]

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Monopoly’s Bad Cousin

The Penguin complaint focuses on the potential harm to the authors who get the largest payments from publishers, people like Mr. King and the Obamas. It’s not a particularly sympathetic group of possible victims, but the choice is strategic. Antitrust minimalism is deeply ingrained in the federal judiciary. The Biden administration is trying to shift […]

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Kaiser Permanente Averts Strike, Reaching Tentative Deal With Unions

Kaiser Permanente, the health care provider and hospital network, reached a tentative agreement on Saturday with a coalition of unions representing workers in California, Oregon and other states that will avert a strike of more than 30,000 workers scheduled to begin on Monday. The four-year agreement would provide workers with wage increases and address concerns […]

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Deere Reaches Third Tentative Deal With Union in Attempt to End Strike

The United Automobile Workers said late Friday that the agriculture equipment maker Deere & Company had made modifications to an earlier agreement that was rejected by its membership, setting up another vote over whether to end a nearly monthlong strike. The strike began on Oct. 14, a few days after roughly 10,000 workers primarily in […]

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Amazon Staten Island Workers Withdraw Request for Union Vote

Workers at four Amazon warehouses on Staten Island have withdrawn their request for a union vote, throwing into doubt the future of an organizing push that could have led to the second election at an Amazon workplace in less than a year. The group asked on Friday to withdraw its petition for an election, and […]

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Record Number of American Workers Quit Jobs in September

Employers are still struggling to fill millions of open jobs — and to hold on to the workers they already have. More than 4.4 million workers quit their jobs voluntarily in September, the Labor Department said Friday. That was up from 4.3 million in August and was the most in the two decades the government […]

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History Says Don’t Panic About Inflation

Back in July the White House’s Council of Economic Advisers posted a thoughtful article to its blog titled, “Historical Parallels to Today’s Inflationary Episode.” The article looked at six surges in inflation since World War II and argued persuasively that current events don’t look anything like the 1970s. Instead, the closest parallel to 2021’s inflation […]

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Substitute Teachers Never Got Much Respect, but Now They Are in Demand

“I think everyone that covered me really did their best,” she said. But “the art teacher isn’t going to deliver the same fourth-grade math instruction that I can.” Substitutes teachers are “a short-term Band-Aid that shortchanges students,” said Kim Anderson, executive director for the National Education Association, which represents millions of education workers across the […]

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Outside COP26, Trash in Glasgow Piles High

GLASGOW — In Gaelic, “Glasgow” translates to “dear green place,” a nod to the parks, gardens and flourishing green spaces throughout the city. But according to Chris Mitchell, who was a garbage collector there for more than two decades, the only thing flourishing in Glasgow these days is “a mountain of waste.” As diplomats at […]

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Hindu Sect, BAPS, Accused of Using Forced Labor at Temples Across U.S.

A prominent Hindu sect that operates a New Jersey temple raided by federal authorities earlier this year is facing new accusations that it forced hundreds of low-caste workers to labor at worship sites across the United States under dangerous conditions for little pay. In a lawsuit filed in New Jersey federal court and amended last […]

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The Biggest Kink in America’s Supply Chain: Not Enough Truckers

Gene Seroka, the executive director of the Port of Los Angeles, said his port had told the White House in July that about 30 percent of the port’s appointments for truckers went unused every day, largely because of shortages of drivers, the chassis they use to pull the loads and warehouse workers to unload items […]

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Wirecutter Workers Threaten Work Stoppage Starting on Black Friday

Union members at Wirecutter, a product review website owned by The New York Times Company, said on Monday that they were prepared to stop work during the busy shopping period around Black Friday if a deal for a contract was not reached. Staff at Wirecutter unionized in 2019, and the Times Company voluntarily recognized the […]

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Retailers Scramble to Attract Workers Ahead of the Holidays

Macy’s is offering referral bonuses of up to $500 for each friend or family member that employees recruit to join the company. Walmart is paying as much as $17 an hour to start and has begun offering free college tuition to its workers. And some Amazon warehouse jobs now command signing bonuses of up to […]

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Americans Are Flush With Cash and Jobs. They Also Think the Economy Is Awful.

Americans are, by many measures, in a better financial position than they have been in many years. They also believe the economy is in terrible shape. This is the great contradiction that underlies President Biden’s poor approval ratings, recent Republican victories in state elections and the touch-and-go negotiations over the Biden legislative agenda. It presents […]

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The Way We Work Now (or Don’t)

To the Editor: Re “Even With a Dream Job, You Can Be Antiwork,” by Farhad Manjoo (column, Oct. 23): One of capitalism’s enduring contradictions is that it fosters a value system that teaches us to find meaning in our work, while employers’ relentless pursuit of profits ensures that millions of people must earn their livelihood […]

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October 2021 Jobs Report: Gain of 531,000 Offers Brighter Picture

“It’s a euphemism, but something the Fed takes very seriously,” said Diane Swonk, the chief economist at the accounting firm Grant Thornton. If the current surge in prices does not abate by early next year, and if both internal and external pressure to prioritize price stability takes precedence, then “patience may run out sooner than […]

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Eric Adams Has a New Job. Many of His Constituents Don’t.

Eric Adams, New York City’s mayor-elect, will have a lot to do when he takes office on Jan. 1, but no task will be more important than helping New Yorkers of modest means get back to work. This chart makes the challenge clear. In August, payroll employment was still down 8.7 percent from where it […]

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October Jobs Report Shows Stagflation Isn’t the Problem

The story of the American labor market is less murky than it seemed just a few weeks ago. The new jobs numbers present a straightforward, sunny story: Despite it all — the virus variants, the reopening struggles — Americans are going back to work at a rapid clip. It may not be the kind of […]

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