If you happened to be in Oakland yesterday, chances are that you passed a fast food chain with striking workers picketing outside. They were part of a national day of action in more than 50 cities across the country, targeting chains like McDonald’s and Burger King and culminating a year of unprecedented labor actions that … Continue reading »
low-wage jobs
Here is a tip–tips aren’t always tips
Workers from Wal-Mart to Macy’s to McDonald’s have taken to the streets across the country to demand better wages and working conditions. The actions have brought to light the plight of low-wage workers and how difficult it is to makes ends meet on such low pay. Importantly, their ranks are on the rise given that … Continue reading »
This labor day … waiting for change
Did you know that the federal sub-minimum wage received by tipped workers has been $2.13 per hour for the past 22 years? No joke, it has been and it is way past due for a change. The figure shows the inflation adjusted value of the regular federal minimum wage along with the sub-minimum wage received … Continue reading »
How to create more jobs by lowering wages: Texas and America
Perry and Romney can duke it out over who created the most jobs, but governors have as much influence over job growth in their states as roosters do over sunrises. States don’t have their own monetary policies so they can’t lower interest rates to spur job growth. They can’t spur demand through fiscal policies because … Continue reading »