New Orleans In the breathless and world shaking tone common to television and radio broadcasts, economists were trying to parse the numbers in the federal report on jobs and wages for February. Growth was almost nonexistent at 20,000 new hires, and there was a lot of “he-say, she saying” back and forth on that. …
Category: Citizen Wealth
Want More Overtime? Raise Pay in the South and in Retail!
Little Rock The Department of Labor has issued its revised rulemaking proposal on overtime eligibility for nonexempt workers. A federal judge in Texas had halted the Obama administration’s efforts to move the number from $23,660 to double that amount at $47,476 annually. Instead, the current proposal would move the number to $35,308 based on 2017 …
Marketing and Artificial Profits are Huge Factor in US Inequality
https://chieforganizer.org/wp-content/uploads/2018/11/Wades-World-102618.mp3Podcast: Play in new window | DownloadSubscribe: Apple PodcastsNew Orleans When I first read an email about Washington University’s law Professor Gerrit De Geest’s book, Rents: How Marketing Causes Inequality, I thought, right on! Soaring rents for tenants are absolutely driving inequality in city after city. Actually, looking at the book was different, but …