Independent thinking for complex markets and current events
Last month, California made headlines by increasing the minimum wage for fast-food workers to $20, which many workers across the state were quite pleased about. Unfortunately, it seems like that’s not enough, as new reports suggest that some want to increase it to $30. Layoffs are also hitting many industries hard, and people are questioning …
Walmart cutting hundreds of corporate jobs, asking remote workers to return to office Walmart is about to have hundreds fewer people working in corporate offices, and remote workers are being asked to return to offices, the Wall Street Journal reported Monday. The U.S. retailer is asking workers at offices in Dallas, Atlanta and Toronto to …
🚨#BREAKING: New dashcam footage shows the moment when a powerful EF-3 tornado destroyed a warehouse with 70 workers inside 📌#Waverly | #Nebraska New dashcam footage recorded from the parking lot capturing the moment when a powerful and destructive EF-3 tornado tore through… pic.twitter.com/AbgasUFrJw — R A W S A L E R T S (@rawsalerts) …
In the clash between economic realities and political aspirations, California’s fast-food industry finds itself at the forefront. As the state raises its minimum wage, businesses are forced to adapt or face financial strain. The result? A rapid shift toward automation, leaving workers grappling with the harsh consequences of policy decisions. Key Points: Recent minimum wage …
Oh, how thoughtful of Amazon to prioritize robots over humans in their “fulfillment” centers. This will create so many jobs. https://twitter.com/BasedMech/status/1780823476808655236
The increasing elderly population in the United States is driving a high demand for long-term care workers, with an estimated 900,000 job openings in the sector. Facing a shortage of workers, many companies are considering hiring more migrant workers to meet this demand. While some advocate for expanding opportunities for migrants in the caregiving workforce, …
via naturalnews Tech giant Apple is set to lay off more than 600 employees in its California offices, marking its first major wave of job cuts after the Wuhan coronavirus (COVID-19) pandemic. According to the Epoch Times, 614 employees across multiple Apple offices in Santa Clara, California will be impacted by the impending job cuts. …
by Rufus Juice And what did we think was going to happen? Restaurants operate on razor thin margins. Its why the forced closures of Covid closed so many – forever. Mandating people close doors – Closes doors forever. Mandating unsustainable wages – Closes doors forever. Other chains have already raised prices this week – foot …
The targeting was at the level of the logo of @WCKitchen, which does not raise any doubt. Rather, it is a confirmation of the precedence of determination and intenthttps://t.co/Wg4VCZ8ebV — Lotfi GHAZOUANI (@Lotfi_Ghazouani) April 2, 2024
The UK summoned Israel’s ambassador in London Tuesday to hear its “unequivocal condemnation” of the killing of three British and four other staff of a food charity in a Gaza missile strike. The summons, which the Foreign Commonwealth and Development Office said the Israeli ambassador attended, came as Prime Minister Rishi Sunak called on Israel …
via kmph: Employees at Fosters Freeze in Lemoore are out of a job. Assistant General Manager Monica Navarro says she was called Monday morning by her boss who was at the restaurant to open, only to find the locks were being changed. Navarro said she thought it was an April Fools joke. “I was so …
from Fox News: The Biden administration finalized long-awaited regulations targeting emissions generated from heavy-duty vehicles, including trucks and buses, the latest salvo in President Biden’s sweeping climate agenda. The Environmental Protection Agency announced the new regulations Friday morning, and officials said they represent the strongest-ever greenhouse gas emissions standards of their kind. The rules will …
California restaurants are reportedly laying off staff and reducing hours for other team members in an effort to cut costs ahead of a California state law taking effect on April 1 that will raise fast-food workers’ hourly wage to $20. In the months leading up to the wage mandate, California eateries, particularly pizza joints, have …
Notably, commercial real estate delinquency rates have been on the rise, with a large contributor being office real estate. The RTO company mandates have not brought occupancy levels back to where they were previously: https://t.co/afY0mHeh88 — Reef Insights (@ReefInsights) March 19, 2024 Rising delinquency rates in commercial real estate present a growing concern for both …
What Jesse Watters doesn't mention is that Tyson's plant in Iowa is 95% staffed by Illegal Aliens. So Tyson is firing 1,200 Illegals in Iowa while they announce plans to hire 52,000 Illegals for other meat processing plants.pic.twitter.com/bwaj3m8ODT — Citizen Free Press (@CitizenFreePres) March 15, 2024 Watch this local Iowa tv report on Tyson plant …
Tyson is taking its lead from Biden and choosing illegals over Americans: “While this decision was not easy, it emphasizes our focus to optimize the efficiency of our operations to best serve our customers." “Efficiency” = cheap labor. Cheap labor = illegals.#BoycottTyson pic.twitter.com/KGxDvc17GR — Paul A. Szypula 🇺🇸 (@Bubblebathgirl) March 15, 2024 https://twitter.com/drakeslayer100/status/1768602354654625891
Californians in two industries are set to get new minimum wages just for them next year, and that could lead to pay bumps for other workers, too. Gov. Gavin Newsom this year signed two union-backed bills that will boost fast-food and health care workers’ minimum wages. California-based fast-food workers for chains with 60 or more locations around …
Fast-food chain Wendy’s will pay some of its current and former workers hundreds of dollars each after it agreed to settle a class action lawsuit that alleged the company collected their biometrics without following the privacy regulations it was bound to by Illinois law. At the heart of the issue, according to those who brought …
https://www.bloomberg.com/news/articles/2024-02-06/boeing-labor-strife-poses-next-big-risk-to-plane-production Machinists inspired by auto workers, Hollywood seek 40% raise Labor chief doesn’t want strike, ‘but we’re willing to do it’ Union leaders will demand a 40% pay raise over three or four years, emboldened by a resurgent US labor movement, a scarcity of qualified aerospace workers and pressure on Boeing to stabilize work in …
by confoundedinterest17 Today’s jobs report was UGLY! How when the US unexpectedly added 353K “jobs” – the most since January 2023. Remember, Biden is President. And apparenty El Presidente of Latin America, Africa and Asia. Let me start with the official Biden jobs report versus the ADP jobs report from yesterday. BLS showed an amazing …
Amidst a cost-of-living crisis in Britain, London experiences a 23% surge in rough sleepers. Mayor Sadiq Khan calls for urgent government intervention as emergency accommodation usage rises. Strikingly, 242 newly-granted refugees report homelessness after leaving government-provided shelter. Meanwhile, in Germany, thousands of doctors and medical center employees strike against low wages and high costs, underscoring …
Fain: I’m proud to announce that the UAW is endorsing Joe Biden for President of the United States pic.twitter.com/M6THMaTmYZ — Acyn (@Acyn) January 24, 2024 The powerful United Auto Workers (UAW) formally endorsed Joe Biden’s re-election campaign on Wednesday at the union’s national community action program conference in Washington DC. Both Biden and rival Donald …
MORE OF THIS 🇺🇸 American Coal Worker “Hope all of you that are sitting at home nice and warm today realize that it's the coal industry that's keeping your houses warm as much as you wanna deny it. Not your batteries, not your solar panels. It's coal. Keeping this power plant… pic.twitter.com/6MXPhi0ITN — Wall Street …
via wsws.org: UPS management is celebrating the new year with hundreds of job cuts. Day sort shifts are already being cut at the Centennial ground hub in Louisville and at the 81st street hub in Indianapolis. A day sort shift in Portland, Oregon was also briefly eliminated over the holidays before being reinstated. This is …
You want a $20/hr minimum wage? How about no minimum wage? Thanks to Democrats pushing for high hourly wages, good part-time second jobs will disappear. It might have happened anyway, but mandatory increases in wages certainly sped up. California is pushing the hourly wage to $20 an hour. McDonald’s now has at least one fully …
Totally out of touch. Treasury Secretary Janet Yellen declared Friday the US economy had achieved a long-sought soft landing, a historically unusual event in which high inflation is tamed without significantly damaging the labor market. “What we’re seeing now I think we can describe as a soft landing, and my hope is that it will …
A 41-year-old man and his girlfriend were ordering doughnuts, but the woman said an employee was acting “rude” and she asked to speak to the manager, police said in a Dec. 18 news release. The worker responded that he was the manager, using explicit language, according to police. When the couple drove toward the window, …