job creation

This week in the war on workers: What happens if Obama’s overtime expansion is reversed?

Leave a Comment / President Obama, President Trump / By max cyril

President Obama’s expansion of overtime pay goes into effect on December 1. But what happens if it gets rolled back in 2017? Here are some of the Department of Labor’s takeaways from a Congressional Budget Office report: CBO finds that reversing the rule would strip nearly 4 million workers of overtime protections. According to the report, …

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Wisconsin’s “Smoking Gun Of The Rigged Economy”

Leave a Comment / Outsourcing / By max cyril

“Outsourcing is the smoking gun of the rigged economy.” — Robert Kraig, Executive Director of Citizen Action of Wisconsin. Companies extort tax breaks and subsidies by threatening to withhold jobs. After their demands are met, they instead outsource the promised jobs. For the workers who remain, the threat of outsourcing causes their wages to fall. …

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DREAM Act Could Add $329 Billion To U.S. Economy

Minimum Wage Boost Could Create 100,000 Jobs

Leave a Comment / MinimumWage / By max cyril

When wages rise, workers and communities benefit. So imagine how improved our national economy would be if the wages of nearly 30 million workers got a boost? If Congress acted to raise the federal minimum wage to $9.80 by July 1, 2014, some 28 million workers would see a pay increase, according to the Economic …

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Looking for answers on the jobs crisis? Look at businesses, not workers.

Leave a Comment / unemployment / By max cyril

The campaign to shift the economic narrative from businesses not creating jobs to workers not being good enough to deserve jobs continues. Sometimes it’s wholly cynical. Other times it seems to be done with good intentions. But ultimately, however good the intentions, workers—whether currently employed or struggling to find jobs—are harmed when powerful people promote …

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Your applications go unanswered because ‘job creators’ aren’t really trying to fill job openings

Leave a Comment / unemployment / By max cyril

The business owner’s version of “the dog ate my homework” these days is “we’re not hiring because we can’t find workers with the skills we need.” Various business lobby groups like the National Federation of Independent Business and the National Association of Manufacturers are pushing that line hard, trying to pin continuing high unemployment on …

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T-Mobile To Lay Off Thousands Of Workers After Taking Millions In Taxpayer Subsidies For Job Creation

Leave a Comment / Uncategorized / By max cyril

Last week, telecom giant T-Mobile announced that it plans to close seven of its 24 U.S. call centers. About 3,300 employees work at those centers, and the company is planning to lay off at least 1,900 of them, while offering transfers to some (though it doesn’t yet know how many). Adding insult to injury, four of …

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Putting People Back to Work and Obama’s Jobs Summit

Leave a Comment / economy / By max cyril

The U.S. is now 24 months into the worst economic crisis since the Great Depression. Over the course of those two years, we have lost 8.1 million jobs and 17.5 percent of the workforce–27.4 million workers–are unemployed, underemployed, or have given up looking for work. Economists surveyed by Bloomberg forsee the unemployment rate remaining at …

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