Keyword: wages

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  • Wages Are Growing Faster Than You Think

    09/21/2018 6:22:19 AM PDT · by reaganaut1 · 7 replies
    Wall Street Journal ^ | September 20, 2018 | David R. Henderson
    Standard wage data show that between the spring of 2017 and the spring of 2018, real wages in the U.S. increased only 0.1%. But there are three major problems with these data. First, they don’t account for fringe benefits, which are an increasing proportion of employee pay. Second, standard wage data use an index that overstates the inflation rate. Third, each year the composition of the workforce changes, as older, higher-paid workers retire and young, lower-paid workers enter the workforce. A study released this month by the White House Council of Economic Advisers addresses these three biases and concludes that...
  • These part time jobs can earn you $75k a year

    09/15/2018 8:57:41 PM PDT · by 2ndDivisionVet · 31 replies
    The Job Network ^ | September 13, 2018 | Peter Jones
    You want a high-paying gig, but without being tied down by a set schedule or a single job. Trouble is, you always thought part-time jobs paid little. Well, you thought wrong. The gig economy is out there, waiting for you. And the best news is: you don’t have to wait to have a college degree to get started raking in the dough. Here are several high-paying part-time jobs that could help you generate a fabulous annual salary when combined. 1. Social Media Assistant Put your Facebook skills to work helping companies manage their online profiles and marketing. You can get...
  • Average worker's pay has actually risen much faster than average CEO pay

    09/14/2018 7:24:42 AM PDT · by SeekAndFind · 23 replies
    American Thinker ^ | 09/14/2018 | Jack Hellner
    On a continuing basis, Democrats, including the media, are playing the race, sex and class cards while they pretend they want to unite the country.  One of the talking points is the bald-faced lie that CEOs make over 300 times the average worker and their pay is rising faster than the average worker. There are around 250,000 CEOs in the U.S., but somehow we only hear about the top few hundred. In 2005, the median worker made $46,242 and the average CEO made around four times that amount, or around $180,000. In 2017 the median worker made a record $61,372...
  • U.S. wages growing at fastest rate in 9 years as unemployment stays at 3.9 percent

    09/07/2018 12:07:19 PM PDT · by Innovative · 26 replies
    Washington Post ^ | Sept. 7, 2018 | Heather long
    iring picked up in August and so did worker pay -- registering the fastest wage growth since 2009 in an encouraging sign that wages may finally be moving higher after years of sluggish gains. August was the 95th straight month the U.S. economy added jobs, with a robust 201,000 job gains, the Labor Department reported Friday, while wages for U.S. workers grew at 2.9 percent in the past year. The national unemployment rate remained at 3.9 percent, one of the lowest levels in half a century. The higher pay is a sign that businesses are having to compete hard for...
  • U.S. Workers' Average Pay Took a Healthy Jump in July

    08/28/2018 3:07:04 PM PDT · by 2ndDivisionVet · 21 replies
    The Motley Fool ^ | July 31, 2018 | Daniel B. Kline
    Lower-wage retail jobs in particular were among the big gainers as a tighter labor market forced employers to shell out a bit more. After a slow start to 2018 on the pay-raise front, workers in the United States are starting to benefit from the strong economy: Wages across all jobs climbed by 2.2% year over year in July, according to data provided by Glassdoor. "[This] is the fastest wage growth we've seen in more than a year," said Glassdoor Chief Economist Andrew Chamberlain in an email. "As employers raise wages to hire amid low unemployment across the country, it's a...
  • Vanity - looking for info on wages over time

    08/28/2018 8:15:08 AM PDT · by BJ1 · 32 replies
    None | None | None
    I'm looking for the average hourly wage (or yearly income of wages over time. Preferred by decade. Like 1950, 1960 and so on. All I can find is household income. That's that what I want as that doesn't tell what wages are. I mean the number of women working has changed over time. If anyone has a link or knows how to use google better than me I'd appreciate it. When I search I just get household income.
  • Socialist Dem Ocasio-Cortez laments coffee shop's closure - over wage hikes that she supports

    08/22/2018 3:46:49 AM PDT · by Libloather · 37 replies
    Fox News ^ | 8/22/18 | Lukas Mikelionis
    New York Democratic socialist Alexandria Ocasio-Cortez portrays herself as "a normal, working person," but one of her positions may have helped 150 people lose their jobs. After enduring mockery for declaring Sunday that a walk in a national park was an example of democratic socialism, Ocasio-Cortez lamented Monday the shutting down of an iconic New York coffee shop that closed mostly due to a higher minimum wage – which Ocasio-Cortez supported. **SNIP** But unlike what Ocasio-Cortez wants you to believe about the closing down, it wasn’t the result of greedy capitalists trying to squeeze the workers, but rather government regulations...
  • Say Hello to Full Employment: Want to know where the economy is headed? Look at Des Moines.

    08/18/2018 8:16:05 PM PDT · by 2ndDivisionVet · 43 replies
    The Atlantic ^ | July 6, 2018 | Annie Lowrey
    This morning, the Labor Department announced that the national unemployment rate ticked up to 4 percent in June for good reasons, as hundreds of thousands more Americans sought work. For the first time in recorded history, the number of job openings is higher than the number of people looking for a job. That has raised hopes that wage growth might finally begin to pick up, with employers bidding more to attract new workers and offering raises to retain their existing staff. Full employment — that magical economic state, in which everyone who wants work has it, and at a good...
  • Should Democrats play it safe with a job guarantee?

    07/27/2018 11:05:45 PM PDT · by 2ndDivisionVet · 44 replies
    The Week ^ | July 27, 2018 | Jeff Spross
    Democrats seem to agree: A job guarantee will be part of the 2020 election debate. What they don't yet agree on is what a "job guarantee" is. Sen. Bernie Sanders (I-Vt.) is working on a full blown national bill to enshrine the right to a job. Sen. Cory Booker (D-N.J.) has a bill that would essentially run a test pilot of Sanders' program. The Congressional Full Employment Caucus has been pushing yet another national job guarantee bill, with some differences from Sanders' plan, for years. Finally, Rep. Ro Khanna (D-Calif.) just introduced his own bill, which would subsidize more private...
  • Libs demand more than $20 an hour delivering packages

    06/30/2018 7:52:15 AM PDT · by SeekAndFind · 53 replies
    American Thinker ^ | 06/30/2018 | Ed Straker
    How much is unskilled labor worth? For liberals, you might think the answer is an astronomical $15 an hour, the minimum wage many states have set, destroying jobs that cannot provide that much value. But for libs, $15 an hour is just the starting point. The Atlantic wrote a sob story about someone who took a part time job delivering packages for Amazon for $18 an hour (which would eventually go up to $25). Her anger, and indignation, explains what is wrong about the liberal entitlement mentality. The Amazon Flex program lets workers deliver packages as independent contractors. They can...
  • Instead of Bringing in More People, How About We Raise the Wages of the Ones Who Are Already Here?

    06/18/2018 11:10:50 AM PDT · by Kaslin · 89 replies
    Townhall.com ^ | June 18, 2018 | Scott Morefield
    The Trump economy is booming. Employers added 223,000 jobs in May instead of an expected 188,000. Unemployment is at a historic 3.8 percent, as low as it’s been since last century, and consumer confidence is skyrocketing right along with GDP. And for the first time in a long time, there are more jobs available than people to fill them."President Trump’s policies are having a tremendous positive impact on the lives of Americans of all classes and backgrounds," wrote Andy Puzder for Fox Business. "More people are working, there are more job openings, and fewer people are dependent on government. Good news for...
  • Apparently Disoriented David Hogg Says High Min. Wage Makes Kids Violent

    06/13/2018 4:36:58 PM PDT · by Cheerio · 44 replies
    Conservative Tribune ^ | June 12, 2018 | Joe Saunders
    Whatever teen anti-gun celebrity David Hogg learned in high school, it apparently wasn’t the English language. It’s that, or he actually wants to increase the number of gun deaths in inner-city communities. Either way, the poster boy for the gun-grabbing left is showing all the world just how confused and ignorant he really is. In recent a Twitter exchange with a conservative commentator, Hogg let his ignorance slip with a colossally nonsensical argument for the left’s favorite economic policy: Raising the minimum wage.
  • 'Hip Hip Hooray:' Pelosi's Clueless Mockery of Economic Progress is Gold for the GOP, But...

    06/11/2018 6:12:04 PM PDT · by Kaslin · 12 replies
    Townhall.com ^ | June 11, 2018 | Guy Benson
    A number of months ago, when Republicans' collective 2018 fate was looking fairly bleak, I attended an off-the-record briefing that reviewed internal party polling, highlighting the party's strengths and weaknesses heading into a challenging midterms.  The political headwinds, as they're often referred to, were blowing against Team Red -- based both on historical precedent and measurable electoral outcomes.  Many of those same obstacles remain firmly in place today.  But two of the bright spots that the assembled GOP gurus underscored were (a) the growing strength of the US economy, thanks to tax reform and other policies, and (b) the polarizing unpopularity of...
  • Hiring Frenzy Spurs Wage War In The Permian (Texas)

    06/08/2018 9:08:44 AM PDT · by 2ndDivisionVet · 18 replies
    Oil Price ^ | June 7, 2018 | Julianne Geiger
    The Permian basin is on fire, and the current boom cycle in its oil industry is posing an interesting challenge that area in Texas: Right now, that challenge is a shortage of oil industry workers. The oil industry, in an attempt to keep up with increased oil production—particularly in the Permian Basin, is one-upping other employers in a mad dash to reclaim enough workers to keep the industry awash with oil. In fact, as the Dallas News pointed out on Wednesday, the industry is throwing double pay to woo workers away from other industries, such as school bus drivers, police...
  • Where are those good paying energy jobs? Right here.

    06/04/2018 12:48:39 AM PDT · by 2ndDivisionVet · 6 replies
    The Pittsburgh Post-Gazette ^ | May 14, 2018 | Anya Litvak
    Not to distract from the eye-popping salaries of top energy executives, but there is something else eye-opening about comparing oil and gas CEOs to the average oil and gas worker. The median workers at these companies, at least the ones producing most of natural gas in Pennsylvania, are doing quite well. Yes, they still might earn 100 times less than their CEOs, but just try sneezing at these median compensation numbers. •CNX Resources: $129,390 •Range Resources: $123,500 •Chesapeake Energy: $118,761 •Southwestern Energy: $108,458 •EQT: $102,470 •Cabot Oil & Gas: $75,891 With about 8,500 employees among them, these Marcellus Shale operators...
  • Business Owners Get Creative with Unemployment Rate at Record Low

    06/02/2018 10:46:37 PM PDT · by 2ndDivisionVet · 21 replies
    WHO-TV ^ | June 1, 2018 | Laura Barczewski
    DES MOINES, Iowa — The United States’ unemployment rate dropped to 3.8 percent, according to the May jobs report that was released on Friday. Iowa’s unemployment rate is even lower than the national average. “So the numbers we were seeing in April were around 2.8 percent, which is almost a historical low for Iowa. So that just means we are all having to be more creative. We are having to look at maybe individuals with barriers that we can serve whether it be veterans, those with criminal backgrounds, disabilities. We want to help all of those that are willing and...
  • Trump’s Tight Labor Market Secures $18 Wages for Chick-fil-A Workers

    06/01/2018 10:18:44 AM PDT · by davikkm · 21 replies
    breitbart ^ | JOHN NOLTE
    President Trump’s tightened labor market, largely due to increased interior immigration enforcement, is securing higher wages for California Chick-fil-A workers. A Washington Post report reveals that a Chick-fil-A in Sacramento is looking to retain its workers in the tightened labor market by increasing wages from the current rate of about $11 an hour to up to $18 an hour. Washington Post reports: Eric Mason, owner of the Chick-fil-A location in Sacramento, told a reporter for the local ABC news affiliate KXTV that he would be raising his workers’ pay from $12 to $13 an hour to $17 to $18 an...
  • Chick-fil-A Mocks the Lefty Myth About Wage Stagnation

    05/31/2018 6:40:10 AM PDT · by SeekAndFind · 40 replies
    RCM ^ | 05/31/2018 | John Tamny
    “As the owner, I’m looking at it big picture and long term.” Those are the words of Eric Mason, owner of a Chick-fil-A in Sacramento, CA. Mason was talking about his employees and sales. He believes successful restaurants are an effect of happy, well-paid workers. That’s why he’s offering his employees wage increases that would boost their pay from $12-13/hr. to $17-18/hr. That Mason is raising worker pay well beyond California’s minimum wage is a reminder that pundits on the left are flying blind when they emote about stagnant wages. They could learn a lot from Mason. Mason sees very...
  • Driving Up Wages - Women and Uber

    05/26/2018 1:28:41 PM PDT · by PGR88 · 16 replies
    University of Chicago Magazine ^ | spring 2081 | Susie Allen
    When a passenger requests a pickup from a ride-share service, the app pings a nearby driver, who can accept or decline the trip. All drivers in a market charge the same rate: in Chicago last year, the base fare for UberX was $1.70, plus $.20 per minute and $.95 per mile. It’s a transparent system that seems perfectly designed to eliminate disparities in how much male and female drivers can earn—right? Not quite, according to research coauthored by John List, the Kenneth C. Griffin Distinguished Service Professor in Economics and the College, and collaborators at Stanford and Uber.
  • Clinton Offers Proof that Trump Is Hurting Economy [semi-satire]

    04/02/2018 10:39:55 AM PDT · by John Semmens · 5 replies
    Semi-News/Semi-Satire ^ | 1 April 2018 | John Semmens
    As proof that Trump’s policies are bad for the dynamic sectors of the economy that prospered under Obama, former presidential candidate Hillary Clinton cited her drastically reduced speaking fees. In a speech at Rutgers University in New Jersey this week her honorarium was only $25,000–$7,000 less than reality TV star Nicole “Snooki” Polizzi from the show Jersey Shore received from Rutgers for a 2011 appearance and $175,000 less than Clinton’s typical asking price before the 2016 election. “The few thousand dollars in crumbs being awarded to middle class workers as a result of the tax cut legislation are dwarfed by...