Robert Kuttner, A Presidency in Peril: The Inside Story of Obama’s Promise, Wall Streets’s Power, and the Struggle to Control our Economic Future, (White River Junction, VT, Chelsea Green Publishing, 2010), 274 pages, $25.00In his second book on the Obama presidency, Robert Kuttner contrasts what President Obama promised in his campaign with what he is delivering as president. He promised a progressive program of change from his predecessor: George Bush. By 2010, the Obama promises started looking like more of the same.The book opens with a short...
Saturday, 29 January 2011
Sunday, 23 January 2011
Michigan Jobs
Posted on 11:46 by Unknown
A Comprehensive Review and Analysis of Michigan Jobs (2,175 words)The dismal state of the Michigan job market continues to be a topic of news and politics. Michigan jobs trended upward through the 1990’s reaching a monthly average high of 4.68 million establishment jobs in 2000, which turned out to be the beginning of a continuous decline. Note (1) By 2009 monthly average jobs were down to 3.88 million, a drop of 70 thousand jobs from 1990 to 2009, and a drop of 800.1 thousand jobs from 2000 and 2009. Michigan is the only state with a decline...
Wednesday, 5 January 2011
Overtime Rules
Posted on 12:46 by Unknown
The Fair Labor Standards Act includes overtime rules that define overtime pay at wages not less than one and half times regular pay rates after 40 hours of work in a workweek. Any use of overtime means more work for some that could go for more jobs to others. Requiring higher overtime pay for employers gives financial incentive to avoid the added expense of overtime and hire more employees at regular pay, which helps spread available work to more people. The incentives will be more effective if overtime rules apply to all employment. Instead the...
Subscribe to:
Posts (Atom)