Items tagged with employment:
News & Updates:
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In a discussion on the growing disparity between employer and employee agency within the labor market, Faculty Affiliate Peter Cappelli comments on the impact of the shareholder value movement and how it has facilitated these disenfranchising trends. Professor Cappelli claims that shareholder value encourages “the use of temps and contractors” to fill high-wage jobs because “that way the employer doesn’t have to raise wages for all their employees.” -
President Trump instructs top administrators to explore re-entering the Trans-Pacific Partnership trade agreement; According to the Labor Department, initial claims for state unemployment benefits drop; U.S. import prices remain unchanged in March. -
GOP lawmakers are considering lifting limits on Medicaid payments to combat the opioid epidemic; Metrics show an increase in US jobless claims and a tightening of the labour market; US consumer comforts increase reflecting a higher optimism in household finances. -
Leo drives a mid-2000s Acura TSX and arrives at the pickup point in front of a train station in Trenton, New Jersey. I’m headed home from New York City for the Thanksgiving holiday. Leo gives me a hand with my suitcase, and in under a minute, we’re off, driving Interstate 276 West most of the way there. The 26.66 mile trip takes 45 minutes. It costs me $34.68 on one of the most popular rideshare platforms, of which Leo receives about $25, minus the cost of gas, tolls, and vehicle mileage. Leo is a pretty talkative guy, and the subject turns to the various driving platforms, like Uber and Lyft. Leo is a young guy, and he tells me he’s one of the approximately 1 in 4 drivers who does not have health insurance.
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House Homeland Security Chairman urges passage of cyber legislation; U.S personal income increases 0.4% in February, matching expectations; U.S. jobless claims decrease to lowest level since January 1973; Consumer sentiment in U.S. surges to the highest level since 2004.
