By Matt Kelly CLOCK IN TIME: 6:10pm Work in the United States may be about to change. The Department of Labor (DOL) has updated overtime rules relating to the Fair Labor Standards Act, and some changes could have a big impact on businesses’ labor costs. The rules were set to take effect on December 1, … Continue reading New Overtime Rules Blocked For Now, But Uncertainty Weighs on Businesses
Top 2% of state employees see faster rise in income than bottom 98% since the Great Recession
By: Igor Lukashevich In 2014, the world was abuzz with talk of Thomas Piketty’s treatise on global economic inequality, Capital in the Twenty-First Century. The rising global disparity of income, the author argued, will inevitably result in social and economic instability across the world. It is interesting to note that income inequality also exists, and … Continue reading Top 2% of state employees see faster rise in income than bottom 98% since the Great Recession
Rubio’s Opposition to Normalization with Cuba Not Without Merit
By Matt Kelly Florida Senator Marco Rubio has been an outspoken critic of President Obama’s call to end the trade embargo on Cuba, characterizing the policy shift as “a victory for oppressive governments the world over.”The grandson of Cuban immigrants, Rubio represents the interests of “old school” emigres. This group, which immigrated following the 1959 … Continue reading Rubio’s Opposition to Normalization with Cuba Not Without Merit
Florida Workers Would Suffer from Minimum Wage Increase
Original post date: September 10, 2014 Article by: Matt Kelly 6/9/2023 Edits: Some links that were no longer working have been fixed. As Floridians nurse their Labor Day sunburns, it’s worth remembering the twentieth century labor movement’s legacies. Chief among them is the Fair Labor Standards Act of 1938, a federal law that established the … Continue reading Florida Workers Would Suffer from Minimum Wage Increase
Why do Workers Support The Minimum Wage?
Original post date: February 03, 2014 Article by: Ben Douglas One of the more peculiar political phenomena of our time is the widespread support of minimum wage laws among unskilled labor, particularly service workers in low-wage industries such as hotels, restaurants, and retail shops. This is likely to increase with President Obama’s push to increase … Continue reading Why do Workers Support The Minimum Wage?
Obamacare Opens Up New Opportunities for Profit
Original post date: December 03, 2013 Article by: Anonymous The Affordable Care Act has many flaws and critics, but entrepreneurial individuals have found a way to profit from the law, and investors are eager to take advantage of these openings. With new online exchanges, new policies and regulations, and millions of individuals affected, several service … Continue reading Obamacare Opens Up New Opportunities for Profit