July 30, 2000 |
Seeking to undercut the Republican tax-cutting message as the GOP prepared for its national convention, President Clinton charged Saturday that Congress had cost each of the nation's lowest-paid workers "more than $900 in hard-earned pay" by delaying action on a minimum wage increase. "As recently as this week, the [GOP] majority in Congress was still talking about raising the minimum wage, but they couldn't bring themselves to actually do it," Clinton said in his weekly radio address.
September 3, 2000 |
A tip-off to the state of the American work force this Labor Day is that employee hiring is now a growing industry called human capital management and smart labor unions are training members to get better jobs at nonunion companies. Those are just two examples of the changing patterns of work that are behind the economy's surging productivity, with major implications for investment. Temporary work has become a permanent reality. Some 39 million workers, 30% of the U.S.
April 11, 1999 |
Lured in part by the first broad-based wage gains in two decades, nearly 12 million new workers have flooded into the nation's workplaces during the 1990s, raising the proportion of Americans at work to its highest level in history. The influx of new workers--notably women, immigrants, refugees from retirement and millions who had been destitute or on welfare--is helping to extend a boom that many feared would stall for lack of enough strong backs and bright minds.
January 29, 1997 |
American workers' pay and benefits edged higher last year, the government said Tuesday, but the increases were well within the comfort zones of inflation-wary investors on Wall Street. Total compensation, as measured by the Labor Department's employment cost index, rose 2.9% last year, up from 2.7% in 1995, but less than the 3% gain of 1994. In the fourth quarter, compensation rose by 0.8%, the department said, up from the 0.
April 15, 1996 |
A program that lets hundreds of thousands of foreigners temporarily fill unique, high-skill U.S. jobs is lowering wages and pushing out American workers, a draft government audit says. Rather than helping U.S. businesses to better compete globally, the program has become a "rubber stamp" for both skilled and unskilled foreigners seeking to live and work in the U.S., said the report prepared for the Labor Department.
July 1, 1996 |
When President Clinton recently proposed that companies offer paid "flex" time to nonexempt workers in lieu of overtime pay, he dived into a raging nationwide debate that could lead to dramatic changes in the nation's Depression-era work laws. The federal law, devised when Congress was scrambling to find ways to get people back to work and protect them from workplace abuses, has been changed only grudgingly since the 1930s.
May 7, 1996 |
John Trendler, a true conservative by his own reckoning, fumes about welfare fraud and generally frowns on government interference in the marketplace. But when it comes to the minimum wage, the 41-year-old drug rehabilitation specialist from Philadelphia sounds a different tune. He'd like to see Congress aid the working poor by raising the federal pay minimum from $4.25 an hour. "I don't know of anyone trying to support a family who can get by on that," Trendler said.
August 9, 1995 |
Productivity in the American workplace increased by a strong 3% annualized rate in the April-June quarter. The Labor Department said Tuesday that seasonally adjusted non-farm productivity gains in the second quarter bested the revised 2.5% rate for the first three months, although it trailed the 4.3% gain for the fourth quarter of 1994. "This is a very impressive performance for the quarter just ending," said economist Stephen S. Roach of Morgan Stanley & Co.