wages
kkrisberg | October 7, 2014Washington Post reporter Lydia DePillis investigates the factors behind increasing workplace fatality rates among Latinos, even while overall workplace deaths in the U.S. are on the decline. DePillis starts with the story of Abdón Urrutia, a construction worker who injured his back while working on a project in Tysons Corner, Virginia.
On the day of his injury, after Urrutia lifted himself up the floor, he says, the staff at the company where he worked gave him eight ibuprofen, and he was able to go back to work. And he was back at work the next day, too — on lighter duty, without carrying…
lborkowski | June 14, 2013Last week, striking Walmart workers and supporters of OUR Walmart converged on the company's shareholder meeting in Bentonville, Arkansas, calling for higher wages and better working conditions. Walmart employee Janet Sparks delivered a shareholder resolution that would have required senior executives to hold a large portion of their company shares until reaching retirement age, which would more closely align executives' interests with shareholders. She told the crowd that the last bonus associates at her Baton Rouge, Louisana store received was for just $26.17 and that Walmart CEO Mike Duke…
egrossman | January 26, 2012by Elizabeth Grossman
The morning after President Obama's State of the Union speech that featured plans for reinvigorating U.S. manufacturing, Marketplace Morning Report asked former Obama Administration economic advisor Jared Bernstein why a company like Apple doesn't create more jobs in the U.S. "Well," replied Bernstein, "because the infrastructure for consumer electronics - particularly the assembly for consumer electronics - for many decades has been building up in Asia. And they just have a robust, flexible supply chain there that we simply don't have when it comes to consumer…
purepedantry | March 25, 2009I caught this interesting sentence over at Marginal Revolution:
as consumption approaches satiation, workers reduce their hours of work to prevent themselves from actually reaching satiation. More technically, as workers approach satiation, their labor supply curves start to "bend backwards." The result is that rising labor demand stemming from rising productivity raises wages yet reduces employment.
Reminds me of relativity. Thus, one would assume that satiation, like the speed of light, is a level of consumption that a workers can never reach.
I have no idea whether this comparison is…