As Global 1% Seize Economy’s Gains, ‘Unprecedented Wage Stagnation’ for Everyone Else

Posted at https://www.commondreams.org/news/2018/07/05/global-1-seize-economys-gains-unprecedented-wage-stagnation-everyone-else Published on Thursday, July 05, 2018 by Common Dreams “With workers worldwide being left behind, says Oxfam, latest OECD reports shows “we need to build an economy that works for everyone, not just the few at the … Continued

The Federal Minimum Wage is Currently a Poverty Wage

Posted at https://www.epi.org/publication/the-erosion-of-the-federal-minimum-wage-has-increased-poverty-especially-for-black-and-hispanic-families/ Higher wages were a key plank of the 1968 Poor People’s Campaign to reduce poverty. But over the last five decades the real value of the minimum wage—a key tool in the fight against poverty—has steadily eroded, … Continued

A Higher Minimum Wage Would Reduce Child Poverty in Pennsylvania

From Keystone Research Center (http://www.keystoneresearch.org): HARRISBURG — The Keystone Research Center issued a briefing paper today highlighting how policymakers can reduce child poverty in Pennsylvania by raising the minimum wage. Pennsylvania’s child poverty rate is 19%, ranking it 28th in … Continued

‘Jaw-Dropping’ Report Reveals Rampant Wage Theft Among Top US Corporations

Posted at https://www.commondreams.org/news/2018/06/06/jaw-dropping-report-reveals-rampant-wage-theft-among-top-us-corporations Published on Wednesday, June 06, 2018 by Common Dreams “Wage theft goes far beyond sweatshops, fast-food outlets, and retailers. It is built into the business model of a substantial portion of corporate America.” By Jessica Corbett, staff … Continued

Despite Rightwing Fearmongering, Experts Say Now Is the Time to Expand Social Security

Posted at https://www.commondreams.org/news/2018/06/05/despite-rightwing-fearmongering-experts-say-now-time-expand-social-security Published on Tuesday, June 05, 2018 by Common Dreams “Social Security is a solution to our looming retirement income crisis, the increasing economic squeeze on middle-class families, and the perilous and growing income and wealth inequality.” By … Continued

For Minimum Decency, A Maximum Wage

Posted at https://www.commondreams.org/views/2018/06/04/minimum-decency-maximum-wage Published on Monday, June 04, 2018 by Inequality.org Amid rising inequality, a new book argues, the notion of capping income has suddenly become politically plausible. By Sam Pizzigati “Income and wealth have concentrated to a degree unimaginable … Continued

WLP Analysis: U.S. Supreme Court Guts Workers’ Rights

From the Women’s Law Project (http://www.womenslawproject.org/): In Epic Systems Corp v. Lewis, a 5-4 decision issued on May 21, 2018 (PDF), the United States Supreme Court held that employer-imposed mandatory arbitration clauses that prevent employees from filing class actions in court … Continued