Posts Tagged ‘employers

29
Mar
17

Paid Leave: A Necessity; Not A Luxury

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Noam Scheiber: U.S. Will Require Its Contractors To Provide Paid Sick Leave

The Obama administration, in its latest effort to update workplace policies it says have lagged far behind the realities of Americans’ lives, will require federal government contractors to provide paid sick leave to their workers. The rule, which was issued on Thursday and which the Labor Department estimates will directly affect more than 1.1 million people once fully in effect, enables workers to accrue up to seven days of paid sick leave a year. The move serves as a coda to the administration’s ongoing efforts to enhance rights and protections for workers, including making millions more eligible for overtime pay and expanding workers’ rights to sue over pay discrimination.  In recent years, more than 20 cities and states around the country have passed laws mandating paid sick leave,

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which voters generally support, polls show. New York City passed its own such law in 2013 and expanded it the next year. Republican-leaning Arizona appears on the verge of enacting such a measure by a ballot initiative this fall. But legislation that would mandate paid sick leave nationwide, notably the so-called Healthy Families Act, has stalled in Congress for years, prompting the administration to seek alternative ways of achieving the policy’s goals. The rule, which does not need additional approval, requires that workers in assignments related to many federal contracts receive one hour of paid sick leave for every 30 hours they work, for up to 56 hours of leave a year. Workers will be able to use the days to receive medical attention, care for a relative or deal with complications arising from domestic violence or sexual assault. The rule affects only contracts solicited by the government beginning on Jan. 1, 2017.

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01
Oct
16

Early Bird Chat

07
Jul
15

The Obama Economy: Labor Market Recovery Is The Best In 25 Years

Obama Mount Rushmore

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Hale Stewart: The Recovery In The Labor Market Is The Best In 25 Years

Every month we read stories about what a poor labor market recovery this has been. The latest articles were from Profs. Brad DeLong and Menzie Chinn. I respectfully disagree. With few exceptions, people don’t get a job for social reasons. They go to work each day in order to earn money to purchase necessities, discretionary goods, and to save for future needs. In short, they work because of cold, hard cash. Next, let’s compare two economies that both create 1 million 40 hour a week jobs, but one pays $10/hour and the other pays $12/hour. Clearly the second economy is better. It is paying workers 20% more than the first.

Finally, let’s compare two economies that create 1 million 40 hour a week jobs at $10/hour. In the first economy, there are 3% annual raises, but inflation is rising 4%. In the second, there are 2% annual raises, but inflation is rising 1%. Again, even though the second economy is giving less raises, it is the better one — those workers are seeing their lot improve in real, inflation-adjusted terms, whereas the workers in the first economy are actually losing ground. In other words, the best measure of a labor market recovery is that economy which doles out the biggest increase in real aggregate wages. The bottom line is that, measured 5 years and 11 months out from the bottom, this labor market recovery has been the third best of the 7 expansions, behind the 1960s and 1980s

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02
Jul
15

Thank You For The Jobs, President Obama!

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10
Feb
15

More Jobs? Thanks, President Obama

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Josh Zumbrun: Job Openings At 14-Year High As Hiring Returns To Pre-Recession Levels

For the first time since January 2001, the U.S. had more than five million job openings at the end of December, a sign of a labor environment shifting in favor of workers. December was also the best month for hiring since before the recession struck more than seven years ago. More than 5.1 million people were hired in December, the most since November 2007, according to the Labor Department‘s Job Openings and Labor Turnover Survey, known as JOLTS.

The report adds to signs that the labor market is strengthening considerably. The Labor Department’s main jobs report, released on February 6, showed that November, December and January comprised the best three-month stretch of hiring since 1997, raising hope that the U.S economy will start delivering stronger wage growth for a wider swath of Americans after more than five years of sluggish recovery from a deep recession.

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13
Mar
14

President Obama Modernizes Overtime Protections

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President Barack Obama signs a Presidential Memorandum directing Labor Secretary Tom Perez to modernize overtime protections. He is bypassing Congress and ordering changes in overtime rules so employers would required to pay millions more for extra time they put in on the job.

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