General Labor Issues – The News Desk

I-10 Fire: Los Angeles Freeway Closure Expected to Snarl Traffic

13Nov

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World

I-10 Fire: Los Angeles Freeway Closure Expected to Snarl Traffic

Updated Nov. 13, 2023 4:00 pm ETThe shutdown of part of Interstate 10, a major artery in the Los Angeles freeway system, threatens to worsen traffic in a city already famous for its clogged roads.A section of the busy interstate that connects to downtown Los Angeles will remain closed in both directions “until further notice” after it was damaged by a fire, the California Department of Transportation, or Caltrans, said Sunday. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The Low-Wage Pay Surge Is Over, Threatening the Consumer Boom

12Nov

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World

The Low-Wage Pay Surge Is Over, Threatening the Consumer Boom

Low-wage workers were the labor market’s surprise winners of the past few years. As employers clamored to hire from a limited pool of workers, Americans in lower-paying industries gained leverage to obtain some of the largest pay raises and perks. Government relief during the pandemic padded those workers’ finances.Now, that leverage is weakening. More workers are seeking jobs, and the economy is feeling the impact of the Federal Reserve’s campaign to combat inflation. That has resulted in slower wage growth overall, but particularly at the lower end of the pay scale. Pandemic-era savings cushions are growing smaller. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

What Elon Musk’s ‘Age of Abundance’ Means for the Future of Capitalism

11Nov

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Technology

What Elon Musk’s ‘Age of Abundance’ Means for the Future of Capitalism

When it comes to the future, Elon Musk’s best-case scenario for humanity sounds a lot like Sci-Fi Socialism.The world’s richest man, who for years has warned about the dangers of artificial intelligence, lately has been painting a more utopian vision for what could occur when supersmart robots are able to replace everyday workers.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Las Vegas Strip Workers Reach Tentative Deal with Wynn Resorts

10Nov

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World

Las Vegas Strip Workers Reach Tentative Deal with Wynn Resorts

Unions representing Las Vegas Strip workers reached a tentative deal with Wynn Resorts for a new contract, averting a strike scheduled to start Friday morning.The Culinary and Bartenders unions said that with just three hours left before their early-morning strike deadline, Wynn tentatively agreed to a new five-year contract covering more than 5,000 employees at two Las Vegas properties.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Your Pilot Has a New Job—and a Bigger Plane to Fly

7Nov

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World

Your Pilot Has a New Job—and a Bigger Plane to Fly

Listen to article(2 minutes)Airlines’ hiring binge has suddenly thrust many pilots behind the controls of different, bigger planes than they are used to flying.That rapid advancement to new cockpit seats is fueling anxieties over whether pilots’ newness to certain aircraft could lead to more minor mishaps that go unnoticed by the flying public—or more serious incidents and accidents.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The Workers Who Make Your Clothes Want Higher Pay. Who Should Pony Up?

6Nov

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World

The Workers Who Make Your Clothes Want Higher Pay. Who Should Pony Up?

DHAKA, Bangladesh—The armies of people who make clothes for Western brands—some of the lowest-paid factory workers in the world—are protesting for better wages, a fresh sign that the era of ultracheap labor, and ultracheap clothes, on which many companies rely is increasingly under strain.Garment workers in Bangladesh make as little as $3 a day, or about $75 a month. In recent days, tens of thousands have refused to work, calling for the minimum wage to be raised to nearly three times that amount. Demonstrations have spiraled, with factories set ablaze and machines smashed. Some three hundred factories were forced to stop operations.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Should You Buy Disability Insurance Through Work?

5Nov

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World

Should You Buy Disability Insurance Through Work?

Updated Nov. 5, 2023 10:38 am ETDon’t let the complexity of disability insurance keep you from buying it. Disability insurance involves confusing paperwork and more than a little bit of math. It is designed to soften the financial fallout for employees who can’t work for some time as a result of illness, injury or another qualifying condition. For a regular fee, you get income back for a predetermined amount of time. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

5Nov

By adminNo Comments

Money

Should You Buy Disability Insurance Through Work?

Updated Nov. 5, 2023 10:38 am ETDon’t let the complexity of disability insurance keep you from buying it. Disability insurance involves confusing paperwork and more than a little bit of math. It is designed to soften the financial fallout for employees who can’t work for some time as a result of illness, injury or another qualifying condition. For a regular fee, you get income back for a predetermined amount of time. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Labor Shortages, Remote Work Fuel Job Gains for Workers With Disabilities

4Nov

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World

Labor Shortages, Remote Work Fuel Job Gains for Workers With Disabilities

Samantha Sauer said she landed her first full-time job at age 32, after a decade of being unable to find such work because of a medical condition requiring regular, time-consuming medical treatments. Then in 2022, she got a full-time remote job answering telephone calls from people seeking help from Patients Rising, a private group that provides resources and advocacy for people living with chronic illnesses. The position allows her to work “without having to sacrifice my health for my job or my job for my health,” said Sauer, who lives in New York.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

4Nov

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Health

Government Jobs Are Doing Fine

President Biden took his usual victory lap after the latest jobs report on Friday, boasting that he’s “growing the economy from the middle out.” The catch is that he means it too literally, as government jobs drove a third of the gains. The bigger news was the labor market slowdown in the private economy. The U.S. added 150,000 jobs in October, according to the monthly Labor report. That’s one of the smallest monthly gains since the pandemic recovery took off in 2021, second only to June of this year. Friday’s report also revised down combined job gains in August and September by 101,000. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8