by Isaiah J. Poole | Jun 16, 2015 | Blog, Jobs and Growth
The Federal Reserves Open Market Committee started a two-day series of meeting today, and on Wednesday Fed Chair Janet Yellen is expected to announce the latest verdict on if, and perhaps when, interest rates will begin to rise. The conventional wisdom is that as the...
by Emily Foster | Jun 16, 2015 | Jobs and Growth
FedEx says it “lives to deliver.” Last Friday, more than 2,000 of its workers finally received a delivery of justice from a federal judge. A settlement in the case filed in U.S. District Court on behalf of the workers, Alexander v. FedEx Ground, means the company will...
by Emily Foster | Jun 8, 2015 | Jobs and Growth
Democratic presidential candidate Hillary Clinton has officially joined the fight to raise the minimum wage to a living wage after feeling pressure from progressive candidates Sen. Bernie Sanders and former Maryland Gov. Martin O’Malley. On Sunday, over 1,300 workers...
by Larry Cohen | Jun 8, 2015 | Jobs and Growth, Progressive Vision
This is an excerpt of a speech delivered today at the Detroit convention of the Communications Workers of America. We are here under a banner that reads “It’s Our Turn.” Can we challenge ourselves to march out of here fiercely determined to make that a reality? There...
by Emily Foster | Jun 5, 2015 | Jobs and Growth
St. Louis Mayor Francis Slay is announcing today a bill that will raise the city’s minimum wage to a living wage of $15 an hour for those who work for the city’s larger employers. The plan would steadily raise wages by $1.25 an hour per year until 2020. However, small...
by Robert Borosage | Jun 5, 2015 | Blog, Jobs and Growth
The economy gained 280,000 jobs in May, with the official unemployment rate unchanged at 5.5 percent, according to the Bureau of Labor Statistics. The private sector now has added more than 12 million jobs over 63 straight months of job growth, the longest streak on...