Biden’s tax-hike plan would cost the US economy nearly 800K jobs
Maya McGuineas, chair of the Committee for a Responsible Federal Budget, outlines “three fundamental ways” Biden could reduce the national debt. President Biden has proposed various policies. tax increase Targeting corporations and wealthy Americans, the tax hike could weigh on an already fragile U.S. economy, according to the Tax Foundation. A study by the Tax […]
‘The Reality Is They Come for Our Jobs’
Comedian Jon Stewart has warned against AI, saying its rapid adoption will lead to massive job losses.Jon Stewart devoted most of Monday’s episode of Comedy Central to daily show To explore the impact of artificial intelligence technology. “We have experienced technological advances over the years, all of which have promised us a utopian life without […]
Why so many corrections jobs go unfilled: prison culture needs changing
last spring, 21 percent of all Congress-funded correctional officer positions were vacant. The situation is so dire that in some prisons teachers, case managers, and even secretaries are left out of commission to cover vacant positions despite having only the most basic safety training. It is imposed. Why is it so difficult to fill correctional […]
Buttigieg vows federal support to protect 8,000 jobs impacted by Baltimore Key bridge collapse
U.S. Transportation Secretary Pete Buttigieg has vowed to help protect the approximately 8,000 jobs directly involved in operations at the Port of Baltimore, even as it remains unclear when the port will reopen following the collapse of the Francis Scott Key Bridge. Buttigieg, who praised the port as one of America’s busiest trade routes, told […]
Baltimore bridge workers’ deaths highlight dangers of essential jobs
The apparent deaths of six road workers on the Francis Scott Key Bridge in Baltimore have spotlighted the risks associated with essential work, especially for low-income and immigrant workers. An eight-man construction crew was on the scene early Tuesday on a night shift repairing the road when the 1,000-foot container ship Dali crashed into the […]
California’s $20 minimum wage is killing thousands of jobs
For eight years, Michael Ojeda delivered food for a Pizza Hut in Ontario, California, using the income he received to support his family. In December, the 29-year-old received a letter from the pizza franchise informing him that his employment was being terminated in February. The news shook him. “Pizza Hut was my career for nearly […]
High-end outerwear company slashing corporate jobs
Check out what’s being clicked on FoxBusiness.com Canada Goose is cutting its white-collar workforce. The luxury outerwear maker said Tuesday that about 17% of its employees will lose their jobs due to layoffs. This equates to approximately 915 jobs. The layoffs coincided with a restructuring of Canada Goose’s management team. This includes giving additional responsibilities […]
California Restaurants Forced To Cut Jobs As Newsom’s Minimum Wage Hike Looms
California restaurant owners are resorting to layoffs in preparation for a minimum wage hike for fast-food workers, according to the Wall Street Journal. Democratic California Gov. Gavin Newsom signed a bill in 2022 that gives the state-appointed Legislature the power to set wages, working conditions and training standards for fast food restaurants. Businesses, especially pizza […]
UAW backs Biden’s ‘strongest-ever’ vehicle emission standards, claims it won’t cut autoworker jobs
The United Auto Workers recently expressed support The Biden administration’s finalized vehicle emissions standards, according to a report Wednesday. statement From the union. The administration’s Environmental Protection Agency announced the “strongest ever” pollution regulations that would effectively force most new car sales to be electric by 2032, Blaze News previously reported. The regulation will affect […]
Fed holds off on rate cuts after hot jobs, inflation data
A committee of Federal Reserve officials on Wednesday voted to keep interest rates at a 22-year high after unexpectedly high job growth and inflation delayed plans to cut interest rates. The Federal Open Market Committee (FOMC), the committee of Fed officials responsible for setting borrowing costs, voted to keep the benchmark interest rate in the […]