The struggle between capitalist owners and workers never seems to end. But, how would it be different if workers owned and directed the enterprise at which they work? Prof. Richard D. Wolff lays it out…Read More
With support from labor unions, it is an auspicious time for the rise of a Third Party in America…Read More
Do you know the origin of May Day? It began with an organized labor strike in 1886, and led to the 8-hour workday…Read More
An update on the French demonstrations that are protesting labor change laws.Read More
President Obama says, “The fundamental principle behind overtime pay comes from a Depression-era law called the Fair Labor Standards Act, which helps ensure that workers who put in more than 40 hours per week should generally get paid more for that extra time. I directed Secretary of Labor Tom Perez and the Department of Labor to update and modernize the overtime rules and uphold that principle… It doubles the salary threshold and automatically updates it every three years. The rule takes effect December 1.”Read More
Thom Hartmann gives the Economic & Labor News for May 9, 2016. The following stories are covered: State-owned Bank of North Dakota out-performs other banks. Detroit teachers staged a “sick-out” protest over threatened pay and benefits. Supreme Court supports $15 minimum wage in Seattle, WA. France rejects the TTIP. House Republicans call for the elimination…Read More
The easiest and quickest way to boost the economy is to increase the minimum wage. A higher minimum wage upgrades the pay scale for most working people. When lower and middle-wage earners have more money to spend, they buy things. This in turn, spurs an economy that is based on selling products and services. Money…Read More
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