Average real wages in Mexican manufacturing are lower than they were 10 years ago, if you can believe that.
Corporate greed, corporate bullying cannot be tolerated – it’s time for a global rule of law to guarantee fair trade, rights, minimum wages on which people can live with dignity, and safe and secure work.
One of the reasons that Social Security is in so much trouble is that the only funding stream comes from people who get a wage. The people who get wages is declining dramatically. Most of the income in this country is made by people at the top who get dividends and – and capital gains.
Immigrants aren’t the reason wages haven’t gone up enough; those decisions are made in the boardrooms that too often put quarterly earnings over long-term returns.
Globalisation began what should be called the Great Convergence, creating a globalising labour market in which wages in emerging market economies slowly converge with wages in rich economies, generating a steady drop in real wages across Europe.
I wanted success. I was ambitious. I didn’t leave United to see out my career picking up wages.
If increasing income equality is the goal, it might be wiser to put money into infrastructure than to subsidize manufacturing. Construction also pays good wages, but with lower educational requirements. And America’s infrastructure needs are enormous.
It is not the employer who pays the wages. Employers only handle the money. It is the customer who pays the wages.
During the 2005 Bush tax holiday, corporations didn’t bring back the billions they stashed overseas to build new factories, increase wages, or create more jobs. The lion’s share of that windfall went to CEO raises and stock buybacks for investors on Wall Street.
I’m not for the sort of trade deals that hollow out our standards while they hollow out our middle class and middle class wages.
My view is we need the best environment for businesses to grow. That is the best opportunity to ensure wages can lift, not artificially but sustainably.
Twentieth-century welfare state capitalism was historically unique in that national income was split between wages and profits, labour and capital.
The youth of Taiwan not only have to face the harsh reality of low wages and high commodity and housing prices, but due to the lack of employment opportunities, many young people are forced to leave their home towns to search for jobs in the cities.
When labor migration is properly managed, it is a conduit for skills and wages to flow where they are most needed. It can, and must, be a triple-win, benefiting migrants and their families, their home country, and their destination.
Higher wages for American workers are not just good for American families, they are good for our economy. I will keep fighting for a raise for hard working Americans so our families can afford housing, help their children get a quality education, and secure a good retirement.
It’s amazing to me that, in the 42 years since President Kennedy signed the Equal Pay Act into law, women today still receive fewer wages than men for the same work.
Everybody feels better about himself, his community, and his country if employers are paying workers well. Economics, though, teaches that if every employer is pressured to raise wages, some labor will be priced out of the market.
It’s a little hard to go out there and spend your money on a home, car, or goods and services if your wages are being garnished to make debt collectors rich.
Studies have shown that since women have had access to the pill and family planning measures, they have made huge gains in both wages and in careers that were dominated by men.
Public employees should have the right to bargain for better wages and working conditions, just like all employees do.
We should put hardworking families first by voting on legislation to create jobs, raise wages, provide equal pay for women, invest in education, protect voting rights, and pass comprehensive immigration reform.
For years, media moguls and campaigns bankrolled by the rich have fed the lie that migrants are the cause of injustices propagated by the powerful: the failure to build housing, the strain on public services by cuts, the lack of secure jobs, the decline in real wages.
There are 12 million illegal immigrants in this country – drawing welfare benefits, sending their children to public schools, and pushing down wages for American workers – but the problem extends well beyond amnesty and open borders.
Decent wages keep people out of homeless shelters. Decent wages allow families to afford books and, I don’t know, school fees and things like that.
If workers are more insecure, that’s very ‘healthy’ for the society, because if workers are insecure, they won’t ask for wages, they won’t go on strike, they won’t call for benefits; they’ll serve the masters gladly and passively. And that’s optimal for corporations’ economic health.
We are all better off when we raise skills in our state, and I know that Republicans and Democrats are going to hear from their communities, hear from their constituents, hear from the businesses in their areas about really making sure that we’ve got the workforce to make us competitive and raise wages in Michigan.
Many of my students assume that government protection is the only thing ensuring decent wages for most American workers. But basic economics shows that competition between employers for workers can be very effective at preventing businesses from misbehaving.
If we believe in the free market, then that leads to the big corporations taking power, that leads to this competition to lower wages, and that leads to precarious work.
I said these trade deals are going to be terrible: we’re going to lose manufacturing jobs, factories abroad; the real wages of Americans are not going to rise. People are coming across the border; it has got to be stopped.
Most of the slaves, who were thus unconditionally freed, returned without any solicitation to their former masters, to serve them, at stated wages; as free men. The work, which they now did, was found to better done than before.
We have a theory on how to constrain the size of government, but it has to be focused on how to make the U.S. competitive, and it has to be about jobs and wages for American workers.
Now astronomical wages are making it very difficult to take somebody who might not even have a transfer fee attached to them, because of the net value that they want and the net value that they’re worth.
As America’s head coach, President Obama needs to make some big and smart adjustments to jump-start economic growth and business investment, stimulate job creation, and get wages up for ordinary Americans.
Hours wasted in traffic represent not only lost wages but enormous amounts of economic activity that might have happened. Congestion indirectly increases consumer prices, makes travel times unreliable for commuters and truckers, and precludes many people from accessing jobs in urban hubs.
To be effective in tackling poverty wages, a living wage has to be mandatory and basic trade union rights should be restored so workers can protect themselves from exploitative employers.
By all working together, we can beat Matt Bevin and actually create more good-paying jobs, boost wages for workers, expand access to health care, and improve our public schools.
The demographic weight of countries such as China and India exercise a massive pressure on our wages and salaries. They have accomplished massive technological advances and the revolution in information technology has reduced the costs of transport.
In Indiana, which has been hard hit by manufacturing losses, job declines, and shrinking wages, Governor Pence combined tax cuts with spending restraint to spur the Hoosier economy.
The Millennials graduated into the worst jobs market in 80 years. That did not just mean a few years of high unemployment, or a couple years living in their parents’ basements. It meant a full decade of lost wages.
You shouldn’t be paying massive wages when you’ve got a stadium that holds 18,000 people.
Every two weeks, I’d get a small pay-check and notice the line where federal and state income taxes were deducted from my wages. At least as often, our drug-addict neighbor would buy T-bone steaks, which I was too poor to buy for myself but was forced by Uncle Sam to buy for someone else.
Caregiving is almost always provided by women, and especially Black and brown women. This work has historically been made invisible, which creates opportunities for the exploitation and poverty wages many of our caregivers face without protection or recourse.
In addition to joblessness, of course, by the working of supply and demand, when you have a larger number of people unemployed, wages do not rise at the normal level, so that we had last year a drop in real wages.
The feeling of insecurity is inimical to our sense of wellbeing, as it causes anxiety and stress, which harms our physical and mental health. It is no surprise then that, according to some surveys, workers across the world value job security more highly than wages.
Since almost all Negroes are workers, live on wages, and suffer from the high cost of food, clothing and shelter, it is obvious that the Republican and Democratic Parties are opposed to their interests.
For restaurants that have a minimum gratuity charge on large groups, the IRS will now count those tips as regular wages rather than traditional tips that we are all familiar with when we dine out. Ask any server, and they will tell you that this will directly affect their day-to-day lifestyle.
