Labor Market Plugging Along Just Fine despite 5.5% Rates
Estimated Reading Time: 2 minutes And wages rose at a good clip too. It was the kind of jobs report we’d expect from an economy that is plugging along just fine, at growth rates that are above the long-run average, powered by drunken sailors all around: By consumers outspending inflation with gusto, especially on services, by the government […]
Labor activist Dolores Huerta endorses Harris: 'She fights relentlessly'
Latino civil rights leader Dolores Huerta on Thursday endorsed Vice President Harris’ presidential bid, adding a powerful progressive voice to her growing base of support. “I have known Kamala Harris for a long time and have seen firsthand how she works tirelessly on behalf of the Latino community, working families, and all Americans,” Huerta said […]
Labor union support rolls in for Harris — but with notable holdouts
Vice President Harris has solidified support from labor unions following President Biden’s withdrawal, but some powerful labor unions remain undecided and have come under heavy criticism. With union support, Harris could win over working-class voters in seven key battleground states that will play a major role in the outcome of the presidential election. While more […]
Major labor unions urge Biden to halt military aid to Israel
A group of leading labor unions wrote to President Biden on Tuesday urging him to halt military aid to Israel as it continues its war on Hama in the Gaza Strip. “We believe that a peaceful resolution to this conflict requires an immediate end to U.S. military assistance to the government of Israel.” letter Read. […]
UPS misses quarterly estimates on high labor costs, weak small-package demand
Gargi Chaudhuri, Chief Investment and Portfolio Strategist at BlackRock, discusses the value rally and earnings growth potential of small-cap stocks on “The Craman Countdown.” United Parcel Service Inc. on Tuesday reported second-quarter profit that fell short of Wall Street expectations, due to weak demand for package deliveries and higher costs caused by the Teamsters labor […]
Union leader’s provocative RNC speech draws ire from some in organized labor
Teamsters Chairman Sean O’Brien, who broke with tradition and caused controversy by speaking at the Republican National Convention, has said the organization will not endorse any presidential candidate during the election cycle. “A final decision has yet to be made,” The Teamsters told Reuters.He added that reports to the contrary were mere speculation. The Teamsters […]
Self-Described ‘Most Pro-Union President’ Joe Biden Facing Skepticism From Labor Leaders Following Debate Debacle
Following President Joe Biden’s poor performance in the June debates, some union leaders have questioned his chances of winning the election, according to multiple reports. Leaders United Auto Workers (UAW) and National Education Association (NEA) According to multiple media reports, Biden has publicly expressed concern about whether he can beat former President Donald Trump in […]
Wendy’s, Jersey Mike’s franchise owners slash hours, jobs to offset labor costs from California’s new $20 minimum wage
Wendy’s and Jersey Mike’s franchise owners in California have cut hours and staff to offset higher labor costs caused by the state’s new $20 minimum wage. Lawrence Chen, who owns seven Wendy’s franchises with his family in Southern California, said he has not only cut his hours but also helped fill shifts at his burger […]
4 Indian nationals accused of trafficking 100 people or more in Texas and forcing them to perform tech labor: Report
Four people of Indian descent have been arrested and charged in Texas for allegedly forcing possibly more than 100 people into confined housing and doing computer-related labor. A pest control company became concerned after offering bedbug treatment at a home in Princeton, Texas, about 40 miles northeast of Dallas, in March: When its crew arrived, […]
15 women found living in bare Texas home were victims of a ‘forced labor’ scheme: police
In Texas, four people were arrested for running a “forced labor” scheme in a nondescript home on a quiet residential street, stunning neighbors. The home in Princeton, about 45 miles northeast of downtown Dallas, was found to be home to 15 women who had been on welfare checks and were forced to sleep on the […]