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The Daily Read – July 18, 2011

By Erica Varlese

The Public Employees Federation has agreed to wage freezes and changes to healthcare in order to save 1,000 jobs.  The Civil Service Employees Association has a similar plan.

The layoff of 4,100 teachers was averted by a last minute deal between the American Federation of Teachers and Mayor Michael Bloomberg.

Unemployment for teenagers continues to rise.

Hospital workers at E.J. Noble protested a proposed contract on Friday that included them paying more for health care, plus a one-year wage freeze.

The Bureau of Labor Statistics found that there is very little turnover in the job market today, contributing to long-term unemployment.

 

June 28, 2011

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