Finance

Bank Tellers Suffer Chronically Low Wages
Finance

Bank Tellers Suffer Chronically Low Wages

August 14, 2015 By Steve Wishnia and Neal Tepel The nation’s 470,000 bank tellers make so little that they could be nicknamed “the fast-food workers of Wall Street.” According to a survey by the National Employment Law Project released this month, almost three-quarters of them make less than $15 an hour, with a median wage…

NYCHA Still Failing its 400,000 Residents
Finance

NYCHA Still Failing its 400,000 Residents

July 29, 2015 By Neal Tepel, LaborPress Editorial New York, NY – The New York City Housing Authority (NYCHA) is failing its more than 400,000 residents when it comes to repairing apartments and getting vacant units back on the market.

Meet The Man Who Takes The Edge Off Any Audit
Finance

Meet The Man Who Takes The Edge Off Any Audit

July 23, 2015 LaborPress Staff Audit and financial investigation: words guaranteed to strike fear and dread in the hearts of union officials and administrators; especially coming from the United States Department of Labor. But thanks to Steven Biller, the union clients of Pitta & Giblin LLP know that it doesn’t have to be that way. 

Nevada Budget Includes Raises for State Workers
Finance

Nevada Budget Includes Raises for State Workers

June 10, 2015 BY Kevin Brown Reprinted: http://www.afscme.org/ AFSCME Local 4041 members were rewarded for their steadfast advocacy with the 3 percent raise over two years. Their last wage increase was offset by retirement and health benefits premiums. The Nevada state Legislature approved Gov. Brian Sandoval’s budget, which includes the first wage increases for state…

NYC Wages Finally On The Upswing, But More Action Is Needed
Finance, New York

NYC Wages Finally On The Upswing, But More Action Is Needed

April 21, 2015 By James Parrott Deputy Director and Chief Economist for the Fiscal Policy Institute New York, NY – After years of wage declines, several signs are emerging of wage growth in New York City, according to a new report from the Fiscal Policy Institute. Several government data sets all point to fairly widespread…

Say No To Fast Track, And Buy American
Finance

Say No To Fast Track, And Buy American

April 20, 2015 By UAW President Dennis Williams Washington DC – The announcement by Ford to invest $2.5 billion in Mexico is disappointing, but not any more disappointing than GM’s decision to invest $5 billion in Mexico or similar investments like FCA Chrysler, Nissan, Mazda, Honda, and now both Toyota and Kia which have announced…

City Pension Board Votes Against Charter Backer’s Hedge Fund
Finance

City Pension Board Votes Against Charter Backer’s Hedge Fund

March 19, 2015 By LaborPress The New York City Employees’ Retirement System has rejected a proposal to invest pension-fund money in Gotham Asset Management, a hedge fund owned by charter-school backer Joel Greenblatt. Greenblatt is a cofounder of the Success Academy charter chain run by Eva Moskowitz, who has frequently butted heads with both the…

Business Leaders Back Cuomo’s Minimum Wage Boost
Finance, New York

Business Leaders Back Cuomo’s Minimum Wage Boost

March 18, 2015 By Stephanie West Albany NY – A significant number of Upstate business leaders have announced their support for Governor Cuomo's "Fight for Fair Pay" campaign to raise the state's minimum wage this year. The 44 business leaders join 41 others from Downstate who now represent broad private sector support – including some of…

Budget Blueprint for Pennsylvania
Finance

Budget Blueprint for Pennsylvania

March 4, 2015 By Pennsylvania AFL-CIO President Rick Bloomingdale and Pennsylvania AFL-CIO Secretary-Treasurer Frank Snyder Harrisburg, Pa.  – "Governor Wolf's budget makes the much needed investments in education, health, and human services that will restore our state as a leader in job creation, prosperity and economic growth for years to come.

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