Posts tagged economy
California’s Fast Food Minimum Wage Hike Cost the State 18,000 Jobs. That Shouldn’t Surprise Anyone.
October 23, 2025 // The trio looked at fast-food employment in California and found a decline of 2.64 percent between September 2023 and September 2024—six months before and after the law went into effect. During that same time period, fast-food employment in the rest of the United States slightly increased. Those different outcomes make it likely that the law caused fast-food businesses to hire fewer people, with a probable effect of lowering such employment 2.3 percent to 3.9 percent. At the middle of the range, that means about 18,000 fewer jobs in California.
Why a big bank and a big tech company are raising wages
September 18, 2025 // Everyone who works at Bank of America will soon make at least $25 an hour, the company announced Wednesday. Amazon is also raising pay for people who work in its fulfillment centers and in transportation to more than $23 an hour, on average, and paying for more of their health care costs. That adds up to around $50,000 a year for full-time employees.
Unions ‘Wait and See’ on Elections as Trump Upends Labor Arena
August 20, 2025 // That political uncertainty, coupled with a volatile economy and labor market, could have workers second-guessing whether they’re ready to stick their necks out for collective action, the data show. College athlete employment, protections for political protests, and higher penalties for labor law violations are just some of the issues that worker advocates may want to steer away from a Republican board. The average number of newly certified unions per month dropped 22.3% between January and July this year, compared to the last six months of the Biden administration, according to data from the NLRB’s monthly election reports.
Alltech Grows Operations in Right to Work Kentucky
August 20, 2025 //
The Importance of Protecting Portable Benefits
August 19, 2025 // The modern gig economy employs about 75 million workers. The provision of benefits is, of course, a positive for these freelance workers – so if businesses wish to provide them, they should be able to do so without fear of misclassification lawsuits. In short, Congress should consider these bills as a positive for both the millions of gig workers and the businesses that wish to provide them competitive benefits packages.
Cato Institute: Reforming Labor Union Laws
July 29, 2025 // The 1930s labor union laws were premised on the false idea that management and labor are enemies in the workplace, notes Baird. The reality is that individuals and businesses work together to produce products for consumers. Management and labor are complementary, not rivalrous, inputs to value generation in the economy. The new Cato study is a great introduction to federal labor union laws from a libertarian perspective. Baird concludes that American workers would enjoy more freedom and prosperity if the labor laws of the 1930s were repealed.
Following layoff announcements, Sharp medical office workers unionize
July 7, 2025 // The election took place by mail from June 9 to 30 to join the union, which represents 120,000 healthcare workers across California. The medical office workers at all six offices known as SharpCare in Coronado, Chula Vista, La Mesa, San Diego, Santee and Spring Valley join 6,000 Sharp workers across the region — including more than 650 earlier this year.
Alcohol giant lays off 1,750 workers after abruptly quitting business in California
July 6, 2025 // Republic National has not suggested that politics have played a role in its decision, but it is re-investing in Texas with 100 new jobs. President and CEO Bob Hendrickson said: 'This decision is driven by rising operational costs, industry headwinds, and supplier changes that made the market unsustainable.'
Vox Media Union Pledges to Strike Without New Deal Addressing AI, Rising Costs
June 4, 2025 // Vox employees are threatening to strike unless they are given a new media contract that includes better pay and protections against artificial intelligence taking their jobs. The strike threat was made on Tuesday by the Writers Guild of America East, which said 95% of its bargaining members approved of the plan. Vox is the parent company of outlets like New York magazine, The Verge and Vulture.
Committee on Education and the Workforce: Hearing Recap: “Empowering the Modern Worker”
May 21, 2025 // “The way people do work in America is changing,” said Workforce Protections Subcommittee Chairman Ryan Mackenzie (R-PA) when he opened today’s hearing that discussed legislative solutions to protect independent contractors’ status and allow them to pursue certain benefits if they so choose.