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Showing posts with label Wages. Show all posts
Showing posts with label Wages. Show all posts

11/21/19

Germany - average wages: This is how much employees earn in Germany

This is what the average person  working in Germany take home every month? These figures shed some light on average incomes.

Read more at:
https://www.thelocal.de/20191121/this-is-how-much-employees-earn-in-germany

5/28/19

US Labor Unions 200 years of struggle and final decline: History of Labor Unions in the US, incuding VIDEO

of Labor Unions in the US, incuding VIDEO

The lifespan of American labor unions is shaped like a bell-curve struggling to climb at first, then riding high, and finally today crashing out.

The whole up-and-down took about 200 years total. We need to go back to the 1830s. UC Santa Cruz Professor William Domhoff writes, "Industrial development in the early nineteenth century slowly widened the gap between employers and skilled workers, so the workers began to think of industrial factories as a threat to both their wages and status."

Craft unions began to form but stayed mostly local, focused on clout and working conditions. Then in 1869, Domhoff says, the Knights of Labor was founded as "a secret society by a handful of Philadelphia garment cutters, who had given up on their own craft union as having any chance to succeed" and turned to galvanizing other workers through meetings and parades.

Eventually, violence became part of the picture. The Great Railroad Strike of 1877, sparked by railroad companies slashing wages by 10% and doubling some workers'
responsibilities.

And while no major law ultimately clamped down on the groups, "unions came under attack — in the workplace, in the courts, and in public policy. As a result, union membership has fallen and income inequality has worsened — reaching levels not seen since the 1920s," says the,Economic Policy Institute. 

Read more at: History of Labor Unions in the US (VIDEO)

1/13/14

US Labor Wages: Minimum Wage Raise Would Reduce Poverty by 5 Million

If Congress were to go through with the plan backed by President Obama to raise the minimum hourly wage from $7.25 to $10.10, 4.6 million people would rise above the poverty line, a new study says.

The raise in minimum wage would reduce the poverty rate by as much as 1.7 percentage points according to a study by University of Massachusetts – Amherst economist Arindrajit Dube, who explains in his Dec. 30, 2013 report.

In the long-term, the plan would reduce the ranks of the nation’s poor by 6.8 million, according to the Huffington Post.

Even with those impressive results, Dube pointed out that increasing the minimum wage isn’t the most direct way to fight poverty. Policies like the Earned Income Tax Credit and food stamps are more effective, he writes in the study.

Read more: Minimum Wage Raise Would Reduce Poverty by 5 Million | TIME.com