Tag: Wages

WashPost Admits Trump’s Economy Aiding Minorities, Women

President Donald Trump’s hot economy is raising wages and bringing more sidelined workers back into the workplace, according to a grudging admission by a “Wonkblog” reporter at the Washington Post. But the reporter, Andrew van Dam, could not bring himself to mention Trump or admit that Trump’s “Hire American” immigration policy is forcing companies to hire and pay […]

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Donald Trump Touts Rising Wages, Mitt Romney Urges ‘Responsibility’

Mitt Romney’s description of a great America does not include wage gains for Americans, marking a huge contrast with President Donald Trump’s celebration of rising wages in his go-go economy. Romney, a former investor, governor and failed GOP presidential candidate, is expected to become a leader in the GOP’s business-first win when he is sworn in as […]

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Billionaire Class Enjoys 15X the Wage Growth of American Working Class

The billionaire class — the country’s top 0.01 percent of earners — have enjoyed more than 15 times as much wage growth as America’s working and middle class since 1979, new wage data reveals. Between 1979 and 2017, the wages of the bottom 90 percent — the country’s working and lower middle class — have […]

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D.C. Experts Try to Split Trump Coalition, but Refuse any Immigration Reforms

An establishment group of D.C. experts is trying to reduce President Donald Trump’s support from working-class Americans in 2020 while refusing to offer any immigration reforms. The report about policies that would aid working-class voters says it prefers to ignore the political iceberg of cheap-labor immigration which helped Donald Trump sink Hillary Clinton’s campaign: The authors […]

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The American Economy Added Just 134,000 Jobs in September, Unemployment Drops to Lowest Level Since 1969

The U.S. economy added just 134,000 jobs in September and the jobless rate fell to 3.7 percent, once again hitting a low level not seen since 1969. Despite fears that trade disputes and rising tariffs could weigh on the economy, hiring continues to grow. On Thursday, the government reported that new unemployment claims fell more than […]

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Winning: Trump Beats Bezos, Forces National Wage Raise

The decision by Amazon’s Jeff Bezos to raise starting wages to $15 per hour for warehouse workers may trigger a long-awaited corporate bidding war for workers, say economic analysts. But analysts are refusing to give credit to President Donald Trump, whose low-immigration “Hire American” policy is forcing fast-growing companies to recruit extra workers by offering wage raises […]

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Business-First GOP Prepares Post-Election Border-Wall Trap for Trump

Business-first GOP leaders are walking President Donald Trump into a post-election trap where he will be forced to approve more wage-cutting visa-worker programs if he wants an extra $3.4 billion for his border wall. The cheap-labor legislation which is in the draft House appropriations bill would dramatically expand several visa-worker programs which suppress blue-collar wages […]

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Trump tax plan was a lie. Corporate tax revenue at 75-year low; 2019 deficit looks like $1 trillion

Corporate tax receipts—what the U.S. collects from corporations—have plummeted to a level not seen since the World War II. The Times analysis cited that as the primary factor driving the deficit through the roof. And why, pray tell, are corporations paying so little in taxes suddenly? “The reason is President Trump’s tax cuts.” As the adjacent […]

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Disneyland, Theme Park Workers Reach Tentative Labor Deal

ANAHEIM (CBSLA) — Disneyland Resort and the union representing theme park workers announced today they have reached a tentative contract agreement, following weeks of protests by park employees who claimed that some of them were earning poverty level wages. Terms of the proposed labor deal between the park and the Master Services Council — which […]

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Higher wages are the usual antidote for alleged worker shortages, but employers remain tightfisted

In another analysis by the two EPI economists, they note that the failure of real wages to grow means it’s “likely that the unemployment rate is overstating the strength of the economy.” That rate is currently 4 percent, although another measure issues each month by the Bureau of Labor Statistics puts the percentage of unemployed […]

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The Imaginary Labor Shortage: Wage Growth Again Too Sluggish to Keep Up With Inflation

While businessmen have been complaining loudly about labor shortages for months, data from the government Thursday showed that wage gains trailed consumer prices in June. The consumer price index rose a seasonally adjusted 0.1 percent in June compared with May. Core inflation, which excludes volatile food and energy prices, rose 0.2 percent, the Labor Department […]

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If You Wanted to Know How Trump Would Treat America, Just Look at How He Treated His Chauffeur for Over 25 Years

Photo: Alex Wong (Getty Images) For 25 years, Noel Cintron had one of the worst jobs in America. For 25 years, Cintron drove a large orange tub of sherbet extract around New York City. For 25 years, he had to listen to sherbet excrement’s bloated tales of wild extravagance and the deafening sounds of sherbet […]

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Trump’s longtime personal driver files lawsuit for backpay after 25 years of unpaid overtime

Luckily for Trump’s new drivers, taxpayers are footing the bill. Noel Cintron spent 25 years working as Donald Trump’s personal driver and now he’s filed a lawsuit against his former employer for years of unpaid overtime. According to Blooomberg, he’s seeking compensation for 3,300 hours of overtime during a six-year period. He’s unable to seek compensation for the […]

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Atlantic Magazine: Low Unemployment Raises Wages in Iowa

The tight labor-market in Iowa is delivering higher wages, better working conditions and more training programs to employees in Iowa, where unemployment has dropped to roughly 4 percent, according to a report in Atlantic magazine. “The low unemployment rate has slowly but surely tipped the balance of power away from employers and towards workers,” says the […]

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Blue-Collar Wages Rising in Red-Hot Economy

Labor shortages are raising wages in a variety of blue-collar jobs, says Glassdoor, a recruitment and wage-tracking company. “With the economy running hot, we’re finally starting to see pay raises for many of America’s lowest-paying jobs,” said a July 2 statement from the firm:  According to data from Glassdoor, jobs with the fastest pay growth in June […]

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Disneyland Wage Hike Qualifies For November Ballot

ANAHEIM (CBSLA) — The heated controversy over living wages for Disneyland employees reached new heights Thursday. As CBSLA’s Stacey Butler reports, a new wage hike initiative will now go on the November ballot. Disneyland workers marched on Thursday to close the wage gap. “It makes us cry. We don’t want the millions like they are making. We […]

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Pelosi Slams Trump and GOP: Americans ‘Need a Bigger Paycheck’

Rep. Nancy Pelosi is slamming the GOP for the slow nationwide growth in wages, just as House Speaker Paul Ryan works with donors to pass an amnesty that can stall the gradual gains in blue-collar wages. Job growth is good, Pelosi told reporters June 7, but it is no substitute for growing wages. American families, she argued, […]

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Paul Ryan Talks Up Wages, Downplays Amnesty Petition

House Speaker Paul Ryan is praising the wage growth in President Donald Trump’s economy, marking a huge shift from his prior ‘economic-growth-first’ rhetoric which is often used to justify cheap-labor immigration. The new June 6 focus on wages complemented Ryan’s call for a long-term immigration-reform plan, which suggests he is quietly trying to contain the business-funded […]

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GOP Megadonors Go on Strike, Say Speaker Ryan Must OK Amnesty Vote

A large group of NeverTrump investors and cheap-labor CEO donors are promising to go on strike until House Speaker Paul Ryan schedules passage of a cheap-labor amnesty for June 25. The bipartisan group, which is titled the American Business Immigration Council, is led by Mike Fernandez, a healthcare executive in Florida. He wants Ryan to keep the House […]

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Latest report shows U.S. job expansion continues, but wages lag despite ‘bustling economy’

The government’s Bureau of Labor Statistics reported Friday that the economy generated 223,000 seasonally adjusted new jobs in May. The headline unemployment rate fell to 3.8 percent—as low as it’s been in nearly two decades. Another broader measure—of unemployment and underemployment—fell from 7.8 percent to 7.6 percent.  The report marked the 92nd consecutive month of overall job growth. Following its […]

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