One More Reason You Can’t Find a Job
The Bureau of Labor Statistics released its monthly Productivity and Costs report which revealed that, in the nonfarm business sector, worker productivity was up 9.5%, worker output was up 4%, and the cost of labor was down 5.2% during Q3 2009. In the manufacturing sector, productivity increased 13.6%, output increased 7.7% (in spite of a [...]
Poll: Should Executive Pay Be Capped?
Recent reports of billions of dollars being doled out to execs at bailed-out companies, have caused outrage among many unemployed and struggling workers. In response, the White House’s pay czar Kenneth Feinberg slashed the pay of the 25 highest-paid execs at seven banks and automakers–AIG, Bank of America, Citigroup, GM, Chrysler, Chrysler Financial, and GMAC. [...]
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