Posts tagged stimulus
Sean Higgins: Inflation has ruined progress on wages
September 2, 2024 // A new Labor Department rule promises to crack down on this alleged “worker misclassification.” The Federal Trade Commission also promised to crack down on the practice, though it hasn’t issued a rule to date. The Labor Department’s rule will make companies wary of hiring contract workers. Never mind that many workers prize the flexibility this freelance work allows. So workers have fewer options in the traditional jobs they could apply for, and fewer opportunities to earn a living through non-traditional methods such as freelancing. Wage growth has been largely wiped out by inflation. In short, the current administration couldn’t stick the landing for the economy as it recovered from the lockdown.
Here’s why labor unions are winning again
December 7, 2021 // Workers are fed up and feeling empowered because of widespread dissatisfaction with working conditions.