Posts tagged Racial Justice

    EXCLUSIVE: Bill Cassidy To Introduce Bill To Stop Left-Wing Investing From Taking Over Retirement Funds

    September 27, 2024 // “Asset managers should prioritize helping Americans achieve the best return for their retirement, not funneling their clients’ money to fund a left-wing political ideology,” Cassidy, who serves as the ranking member of the Senate Health, Education, Labor and Pension Committee, said. “This legislation protects 152 million Americans who depend on a strong retirement to live after their career is over.” Under current Department of Labor rules, administrators of employee retirement plans are allowed to consider ESG factors when choosing between investment opportunities they have determined to be of equivalent quality. If a retirement fund determines multiple investment options are of equal value under Cassidy’s bill, it must document how it made that determination and then choose at random between the options.

    Op-Ed: SEIU Brings Progressive Union Politics to Philly

    June 4, 2024 // While serving as president of SEIU Local 2015, Verrett faced one of the largest union staff labor strikes in American history after accusations of union-busting, surveillance, assault, and intimidation. Verrett’s dedication to SEIU’s progressive politics, however, is unmatched. In the words of the union’s new leader, America’s “ugly, insidious, anti-black racist structures” inform her decision to make “eradicating structural and anti-black racism a core strategy” of union operations.

    Op-ed: Workers Rights Won by Unions, From the 8-Hour Workday to Overtime Pay

    September 11, 2023 // The overall proportion of unionized workers in the United States remains relatively low, with only one in every 10 workers in the country belonging to a union. But whether you're a union worker or not, you may benefit from policies for which unions have fought long and hard — and they continue to fight. Labor organizing has helped secure everyday benefits that many of us now take for granted. And these efforts have shown people what kind of protections they can hope to secure in the workplace.

    Americans are taking more control over their work lives – because they have to

    January 6, 2023 // In research I’ve been conducting on side hustles in the sharing economy, I am finding that many people take these gigs to compensate for limited control in their “traditional” jobs. Although gig work comes with its own set of challenges – lack of benefits is a key one – people feel liberated by greater control over where, when and how they work. Switching on an app shifts allegiance from one company to another. Turning off an app ends the workday in an instant. People rely on side hustles to earn additional income but also because of the freedom that comes from being an independent worker. Another benefit of portfolioing is hedging risk. Sudden layoffs, such as those recently affecting the tech industry, leave people feeling exposed to financial hardship and identity loss from being involuntarily sent to the exit. When facing difficult times at one job, people can turn to other parts of their career portfolio for security and stability.

    UAW Vice President Estrada, head of Stellantis department, to retire

    March 9, 2022 // "As I complete my term, I will continue my work on strategic national organizing campaigns in the EV sector to demand that new EV work be union built and existing members in the traditional technologies are not abandoned," Estrada wrote. "The new economy must create good union jobs, racial justice, benefit the communities and protect our planet."

    The Bureau for Labor Statistics data only reported 16 strikes in 2021. A new database argues there were 14x as many

    March 1, 2022 // Prior to 1982, the Bureau for Labor Statistics (BLS) reported on all work stoppages that involved at least six workers and lasted for a full shift or longer. Reagan-era budget cuts changed its methodology, and for the past four decades, the institution has only reported on work stoppages it considers “major” — those involving at least 1,000 workers.

    140,000 Americans walked out of work last year to strike for higher pay and safer workplaces — and thousands got what they wanted

    February 24, 2022 // In 2021, about 140,000 workers were involved in work stoppages. In total, there were 265 work stoppages last year, according to researchers at Cornell University's ILR School, who created the ILR Labor Action Tracker and compiled the data used in its first annual report. Cumulatively, that means there were about 3.27 million "strike days" in 2021 — which the researchers define as how long strikes lasted, multiplied by the number of strikers.