February 27, 2014 |
A new report by the Milken Institute could provide fresh ammunition to proponents of an expanded state film and TV tax credit. Set to be released Thursday, the study entitled "A Hollywood Exit: What California Must Do to Remain Competitive in Entertainment -- and Keep Jobs," paints a bleak picture of the jobs California has lost to New York and other rivals due to the proliferation of film tax credits and rebates. Among the key findings: California lost 16,137 film and TV industry jobs between 2004 and 2012, an 11% decline, according to figures from U.S. Labor Department's Bureau of Labor Statistics.
February 17, 2014 |
Union leaders were still reeling three days after their devastating defeat at a Tennessee Volkswagen plant, but the leader of the AFL-CIO said labor would keep trying to organize workers in the South - even if it's an uphill battle. "We are committed to helping those workers in the South raise their wages, get better working conditions and get a stronger voice on the job in making decisions that affect their livelihood," Richard Trumka told reporters Monday. Trumka was in Houston to talk about the year ahead with the executive council of his coalition, which represents 56 unions and 12.5 million workers.
February 2, 2014 |
The bitterly cold winter weather has helped to chill sales for teen apparel companies, especially one with a focus on summer and surf clothes and that California lifestyle. For Pacific Sunwear of California Inc., the freezing temperatures that stretched across the country and deep into the South is putting the icing on a difficult fiscal fourth quarter, which ended Feb. 1. PacSun, as it is more familiarly known, sells branded and proprietary casual apparel, accessories and footwear for teens and young adults.
January 24, 2014 |
The share of American workers belonging to labor unions held steady in 2013, remaining unchanged at 11.3%, the U.S. Bureau of Labor Statistics reported Friday. Overall, 14.5 million workers belong to unions, that's down from 17.7 million in 1983, the year for which comparable data were first available, the agency said. American labor has seen a steep decline in its membership for years, and the report released Friday suggests that -- at least for now -- the diminishing membership has halted. [Updated 8:40 a.m. PST, Jan. 24 : Richard Trumka, president of the AFL-CIO, the country's largest labor federation, said the report showed gains in some parts of the country, including the South.
January 24, 2014 |
Call it a tale of two sides of the capitalist system: JPMorgan Chase & Co.'s Jamie Dimon got $20 million for being CEO in 2013; each Oakland Raiderette got $1,250 for kicking up her heels in the same year. The Raiderettes are suing ; presumably, Dimon is smiling - all the way to the bank. True, the Raiders had another lousy year in 2013, though I'm not sure how much blame can be put on the cheerleaders. But as Forbes' Halah Touryalai wrote about our banker friend : “Despite what was arguably the bank's worst year under Dimon's reign, JPM's board is awarding the CEO a 74% raise which includes over $18 million in restricted stock.” Or, to quote a Raiderette: “Sis, boom, boooooooo.” It isn't fair.
January 19, 2014 |
Computer science is driving innovation across all fields, so it makes sense that the Los Angeles Board of Education wants to provide its students with access to the latest technology. Students who develop expertise in computer science will have automatic career advantages. But is the district taking the right steps? The U.S. Bureau of Labor Statistics has found that computing occupations are among the fastest-growing job categories in the United States and that such jobs pay about 75% more than the national median annual salary.