Keyword: labor
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Ever-growing exodus figures show 2,465 police officers have filed to leave the department this year — 42% more than the 1,731 who exited at the same time last year, according to the latest pension fund stats obtained by The Post. More disturbing is the fact that the number of cops hanging up their holsters early — before reaching 20 years for a full pension — has skyrocketed 71% this year from the year before (1,098 from 641). NYPD Police Benevolent Association President Patrick Lynch said the so-called “voluntary quits” are driving the “stampede” — and not a big academy class...
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Under President Trump, the black unemployment rate fell to historically low levels, a fact that Democrats and the media never acknowledged.This week, Democrats, the media and the Biden administration are bragging about the new jobs report, but failed to mention that the black unemployement rate is going up.It’s amazing how selective they can be with the facts when it serves their purposes.Townhall reports:Labor Participation Drops in July As Black Unemployment IncreasesThe United States Department of Labor reported on Friday that 528,000 jobs were added in July, reducing the unemployment rate to 3.5 percent, down 0.1 percent from June’s read and...
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There is a great deal of discussion these days about how desperately America needs more immigration to supplement our workforce. In fact, this canard is one of the few areas of steady bipartisan consensus in an increasingly polarized time. It has so enthralled our political and thought leaders that mass immigration has been sold as the silver bullet to solve a wide variety of issues in the country. "Immigration can help inflation" is just the latest messaging moment (keep in mind this basically admits immigration reduces wages). Before inflation was the issue, wage stagnation was a concern and we were...
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An Ohio man recently quit his job as a teacher for a position at Walmart instead. Seth Goshorn says the reason he switched jobs was simple: The Walmart role would pay $12,000 more. He'll make $55,000 a year there before bonuses, compared to the $43,000 he made as a teacher after working 5.5 years in education, he told GMA. Seth Goshorn didn't expect his post saying he got a new job at Walmart to go viral, but that's just what happened. The 28-year-old Ohio man posted a TikTok video earlier this month in which he said he was quitting his...
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According to the Republican senator from Kentucky, Small businesses organized as S-Corps or Partnerships could face a tax increase and hurt job creation. The NIIT is a 3.8% surtax on passive income (capital gains, interest, rental and royalty income, and dividends). However, the proposal suggests expanding the tax to apply to active income over $400,000 individually or $500,000 jointly. The proposed expansion of NIIT is expected to raise some $183.6 billion in tax revenues over the next decade, according to the Tax Foundation. The bill proposes to expand the taxation to include all business income, whether or not the taxpayer...
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- Q2 Employment Cost Index: +1.3% Q/Q vs. +1.2% consensus and +1.4% prior. - Wages and salaries climbed 1.4% and benefit costs increased 1.2% during the second quarter. - Compensation costs for civilian workers rose 5.1% for the year ended June, up from +3.2% for the year ended June 2021. Among private industry occupational group, compensation cost for the 12-month period ended June ranged from +4.3% for natural resources, construction, and maintenance occupations to +8.0% for service occupations.
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WASHINGTON — Mick Mulvaney, who was the acting White House chief of staff for President Donald Trump, testified Thursday before the House committee investigating the Jan. 6 riot. Mulvaney, the acting chief of staff in 2019 and early 2020, arrived for his closed-door deposition with the committee around 1:40 p.m. and departed 2½ hours later. As he was leaving, reporters asked Mulvaney whether he was in contact with anyone from the White House from December 2020 to January 2021. "I haven’t talked to anybody in the White House in a long time," he responded, without elaborating. Earlier in the day,...
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After 38 years working in the Information Technology / Information Security fields, I've had enough.It's not that I hate my job (I don't) and it's not that I don't like the people I work with (I do. I think of them as family.) I just cannot stand the thought of my hard earned tax dollars going to support the most corrupt, crooked, tyrannical, incompetent, inept and damn' it, STUPID and STOLEN Presidency there ever has been, and ever will be, the Biden Crime Family.I've informed my employer, a global financial services organization that I'm pulling the plug on August 31st.I...
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A video of a McDonald’s manager revealing no other employees showed up at 4 a.m. for the breakfast shift went viral on TikTok. Brandon (@ragestreamer93) is reportedly a manager at McDonald’s. He posted a video of how no employees showed up at 4 a.m. The video features the TikToker giving a tour of the empty store as he reveals that it was 6:15 a.m. and nobody showed up. Brandon reportedly arrived at 3:30 a.m. to prepare for the day. At his store, employees are supposed to arrive at 4 a.m. so they can open at 5. “I’m not sure if...
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Ford Motor Co. is planning to cut as many as 8,000 jobs from its internal combustion engine division as it seeks to channel more funding into its electric vehicle division. The cuts, reported by Bloomberg, follow Ford CEO Jim Farley's previously announced plans to cut $3 billion in company costs by 2026, including through employee layoffs, as well as his efforts to restructure the company radically. To that end, Farley has separated Ford into two separate units: “Ford Blue,” which focuses on traditional, industrial combustion engine vehicles, as well as the newer “Model E” division that focuses solely on EV...
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WASHINGTON (AP) — The number of Americans applying for unemployment benefits last week rose to the highest level in more than eight months in what may be a sign that the labor market may be weakening. Applications for jobless aid for the week ending July 16 rose by 7,000 to 251,000, up from the previous week’s 244,000, the Labor Department reported Thursday. That’s the most since Nov. 13, 2021 when 265,000 Americans applied for benefits. Analysts surveyed by the data firm FactSet expected the number to come in at 242,000. First-time applications generally reflect layoffs. The four-week average for claims,...
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Video LinkFrom youtube: "Telegraph columnist Juliet Samuel joins Peter Whittle to discuss how mission creep has turned the once humdrum human resources department into an ultra-woke, bureaucratic beast." This is video is excellent in the way it describes what has actually gone wrong in corporations all around the world re: their Woke transformation.It has apparently all come from the HR departments and their rise to power in the last decade (and more).The HR departments are telling corporations that what created the financial crisis back in 2008 was NOT low-interest rates and lax lending standards but the way that corporate cultures...
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Amy's Kitchen, a successful organic, healthy frozen food producer says it will close its San Jose frozen pizza production center. The company says the plant will shut down in September though pizza production will be halted in days. The closure will result in 300 jobs lost. The closure announcement comes just over a year after the facility opened. Amy's Kitchen says economic woes fueled by inflation, skyrocketing materials costs, labor shortages and disruptions in the worldwide supply chain are to blame for the shutdown. "It’s very sad to have to do this, it’s brutal," said Fred Scarpulla, acting chief operating...
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... The answer to why so many are dropping out starts with economics. In the United States, social mobility has declined precipitously over the last four decades. A 2016 study found that since the early Eighties, the chance of middle-class earners moving up to the top rungs of the earnings ladder dropped by approximately 20%. According to projections from Deloitte, by 2030, millennials will be the largest adult generation by far but will own only 16% of the country’s wealth. Gen Xers will hold 31%, while Baby Boomers, who will be entering their eighties and nineties, will control 45%. Partly,...
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Almost four in five US employees fear losing their job during a potential upcoming recession, pointing to a high level of anxiety among workers amid increasing talk of an economic downturn. That’s according to a recent survey from staffing company Insight Global, which also found that 54% of workers would take a pay cut if it meant staying employed. A similar share don’t think their job is recession-proof. A growing chorus of economists are predicting a US recession within the next 12 months as the Federal Reserve ramps up its fight against decades-high inflation. Price increases are outpacing wage gains...
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The toll the labor shortage is taking on the U.S. economy isn't getting better. There's a partial solution that's got bipartisan support but hardly any momentum behind it: allow more migrants into the country. According to data from the Bureau of Labor Statistics, there are about twice as many open jobs as there are people looking for work. This has employers competing for staff, often with higher wages. Higher labor costs often get passed onto customers, contributing to the highest inflation in four decades.
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Forcing people to embrace ideologies that go against the deepest tenets of their faith is about as un-American as it gets. On May 31, 2022, President Biden delivered to the American people "A Proclamation on Lesbian, Gay, Bisexual, Transgender, Queer, And Intersex Pride Month 2022." A presidential proclamation is a directive that grants to the chief executive of the United States certain powers of mandatory ceremony and observance. The power of presidential proclamations is especially operative in enforcing mandatory observances in the federal military and civilian workplaces, as those are the domains over which the president holds direct constitutional authority....
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Dick’s Sporting Goods will pay up to $4,000 toward the “travel expenses” of any employee who “needs” to go out of state to get an abortion. This company isn’t alone, either. More than 25 big businesses crafted such policies in the run-up to the June 24 Dobbs decision overturning Roe v. Wade. Meanwhile, corporate America is encouraging wide-scale immigration and using work visas to replace Americans with foreigners. And some say this is no coincidence. Dick’s $4,000 “death benefit” (or killing benefit) will also cover the travel of one “support person,” for “employees who live in states with abortion restrictions,...
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Nearly 1,300 Southwest Airline pilots gathered outside the Dallas Love Field airport on Tuesday to protest ongoing staff shortages as travel chaos continued on the first official day of summer - with more than 200 flights across the United States canceled. The Southwest Pilots Association called for better treatment of its pilots at the protest, which it called 'the largest display of unity in Southwest Airlines history.' It described the demonstration in Dallas, Texas an 'informational picket' in an effort to raise awareness of pilot fatigue, stress caused by ongoing pilot shortages - which it says is to blame for...
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American Airlines is ending service to three cities due to a 'regional pilot shortage' as thousands of frustrated customers are battling flight cancellations and delays. An American Airlines spokesperson told DailyMail.com on Monday the company 'made the difficult decision' to drop service to airports in Toledo, Ohio; Ithaca, New York and Islip, New York beginning September 7. The airline cited a pilot shortage currently affecting the entire airline industry. American is allegedly contacting customers scheduled to fly after the route termination date in an effort to 'offer alternate arrangements.' The airline also said it is 'extremely grateful for the care...
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