Sentences with phrase «wage labor as»

Dietrich Bonhoeffer thought that the idea of vocation had been deeply misunderstood, especially by those among his fellow Lutherans who had used the concept as a way of vindicating the status quo and validating such institutions as marriage and wage labor as preferable to all other social or economic arrangements.

Not exact matches

Puzder named ethanol regulation, which has resulted in higher beef costs, a rising minimum wage and higher labor costs due to Obamacare as three obstacles that make doing business in the U.S. more difficult than in the past.

This is particularly significant in the context of the labor market, considering that inflation — and, by extension, wage inflation — is arguably the most important input for the Federal Reserve as it decides how quickly to raise interest rates.

The Fair Labor Standards Act, passed in 1938 as part of the New Deal, ushered in such innovations as the 40 - hour workweek, overtime pay, and the minimum wage.

(A handful of states, including Alabama, Arkansas and Minnesota, mandate even less than the federal minimum wage, which was established as part of the Fair Labor Standards Act of 1938 and contained exemptions for some poorer states.)

(The recent slowdown in productivity could arguably be because of the low cost of labor and, therefore, reduced incentives to invest in capital and would likely rebound as labor markets get genuinely tight and start pushing wage - growth up.)

And a Labor Department study points out an earnings anomaly: while self - employed men earn as much as or more than similar workers paid a wage or a salary, self - employed women earn substantially less than their wage and salary counterparts.

GM, which in February announced its plan to shut down one of its plants in Korea, wants wage concessions from its labor union as well as...

Their base salaries fall in the $ 69,548 to $ 135,000 range — which far surpasses what the Bureau of Labor Statistics estimates as the annual mean wage — $ 47,230.

Backed by labor groups such as the Service Employees International Union, workers have landed some victories as individual cities and states have raised their minimum wage.

«We will know the labor market is getting tight when we do see a more meaningful upward move in wages,» Powell said in response to a reporter's question as to whether he was satisfied with the pace of wage growth, which remains lackluster by most accounts.

Even juggernauts like McDonald's are making changes: The fast - food chain announced that it would raise its entry - level minimum wage this month, ceding to the pressure from labor organizers as well as from an increasingly strong economy.

Inflation is expected to breach its target this year as a tightening labor market boosts wage growth.

Chart 5 below highlights that despite its well - known productivity growth, unit labor costs are on the rise as wage growth has outpaced that of productivity.

Paychex president and CEO Martin Mucci said some caution is seeping into labor markets ahead of the presidential election and as business owners juggle new health - care and minimum - wage regulations and prepare for the launch of overtime rules in December.

The stock market opened way down, continuing last Friday's selloff, though it has climbed back since the open — implying the return of volatility — as skittish investors continue to fear the sequence I describe in this AM's WaPo: tight labor market, wage pressures, higher interest rates, inflation, lower profit margins.

Race to the bottom: A term for dog - eat - dog competition by which countries compete by cutting wage levels so as to produce in the cheapest market, not by raising wages and labor productivity.

Even with the strengthening labor market, most officials «still described the pace of wage gains as moderate», according to the minutes.

-- Similarly exploited immigrant labor without labor rights (all temporary and dual purpose immigrants), employer sponsorship being the key to suppressing wages (plus all of David Card's papers and equations are wrong due to DNWR)-- Fair Labor Standards Act generally doesn't apply to office workers and other positions that corporations tag as professionals and / or managers, despite recent Obama hike of minimum applicable labor without labor rights (all temporary and dual purpose immigrants), employer sponsorship being the key to suppressing wages (plus all of David Card's papers and equations are wrong due to DNWR)-- Fair Labor Standards Act generally doesn't apply to office workers and other positions that corporations tag as professionals and / or managers, despite recent Obama hike of minimum applicable labor rights (all temporary and dual purpose immigrants), employer sponsorship being the key to suppressing wages (plus all of David Card's papers and equations are wrong due to DNWR)-- Fair Labor Standards Act generally doesn't apply to office workers and other positions that corporations tag as professionals and / or managers, despite recent Obama hike of minimum applicable Labor Standards Act generally doesn't apply to office workers and other positions that corporations tag as professionals and / or managers, despite recent Obama hike of minimum applicable wage.

Today marks four years since since the labor movement known as the Fight for $ 15 launched, and American fast - food employees and other hourly workers are continuing to push for a living wage.

[158] Other causes include the rise in non-cash benefits as a share of worker compensation (which aren't counted in CPS income data), immigrants entering the labor force, statistical distortions including the use of different inflation adjusters by the BLS and CPS, productivity gains being skewed toward less labor - intensive sectors, income shifting from labor to capital, a skill gap - driven wage disparity, productivity being falsely inflated by hidden technology - driven depreciation increases and import price measurement problems, and / or a natural period of adjustment following an income surge during aberrational postwar circumstances.

The primary difference being that Wage Laborers PUT UP THEIR OWN SELVES (e.g., their «labor») as the thing being risked, while so - called «capitalists» have nothing of their own at risk if they play with OPM (other people's money) AND ALMOST NEVER EVER PAY FOR THEIR FAILURES, in any case.

Larry Kudlow believes Medicare and Social Security are «bad ideas,» supports tax breaks for companies that send American jobs overseas, opposes the existence of a minimum wage, dismissed the gender pay gap as «nonsense,» and wants to eliminate the Department of Labor.

Also, while labor markets were described as tight, the majority of Districts reported only modest - to - moderate wage pressures.

In response, both fed funds futures and Treasury yields moved steadily higher during September and briefly advanced once more following the labor market report for the month, as investors initially zeroed in on wage growth of 2.9 %, the fastest rate since 2009.

Our analysis shows that wage growth, as estimated by our composite measure of wage pressures, is beginning to accelerate; we also show that labor market indicators most closely correlated with wage growth, such as the quit rate, continue to improve.

It is in corporate CEO interest to keep racing to the bottom for labor, so those jobs aren't coming back here until we're living a third - world lifestyle and will accept a dollar a day as a wage.

The traditional division of labor was disrupted, as men were recruited for wage - paying export agriculture and other industries — employment frequently requiring long absences from their home villages and families, yet without the compensation of substantially greater support for those families.

The point is that the overwhelming majority of female labor in the South is concentrated in low - wage industries such as textile, clothing and footwear production.

As for Greco - Roman civilization, it was based squarely on slave labor, and one of the profoundest differences between the ancient Mediterranean culture and our own is that there slavery was taken for granted along with a growing consciousness of the moral compromise it involved with man's best ideals, while with us liberty is taken for granted along with deep ethical discontent at the parallels of slavery, or worse, which exist under the wage system.

FPA surveys indicated members saw labor as a key issue for converters, specifically, most manufacturers cited their difficulty in finding skilled, qualified labor while others cited trouble keeping talented staff, problems with turnover, wage pressure, and the lengthy period needed to train qualified operators.

Baseball is boring, college football is increasingly regarded as a tax dodge and festive violation of every labor law ever written, and NASCAR and the NHL have entered the «maybe I'll just apply for a real estate license and see what happens» stage of late adult wage - earning.

Labor costs often amount to as much as half of the budget for a school nutrition department, but salary for cafeteria workers varies greatly, with some districts paying close to minimum wage for entry level workers, while others may pay closer to $ 15 - 20 per hour even for those workers still at first step.

Felder ended up casting the lone «no» vote on the ELFA (education, labor and family assistance) budget bill, which included the minimum wage hike as well as key some education aid.

After years of setbacks and declining membership nationally, labor groups were seen as being on the offensive in the last year with successful efforts in some states to increase the minimum wage to $ 15 — a major union - led effort that initially began by focusing on fast food restaurants.

The company has been waging a regulatory battle in New York at the both the state and city level over the last several years, which has spilled over into political campaigns as well and put the firms at odds with hotel chains and the influential labor group Hotel Trades Council.

The AFL - CIO has been pushing back hard in particular against the mayor's plan as well, while a rally of labor groups was held at the Capitol today to back the prevailing wage component.

The lobby group's budget analysis singled out the minimum wage proposal backed by Gov. Andrew Cuomo, Democratic lawmakers and wage and labor advocates as the «most significant new business cost» in the spending plan.

Wendy's said that self - service ordering kiosks will be made available across its 6,000 - plus restaurants in the second half of the year as minimum wage hikes and a tight labor market push up wages.

Senate Labor Committee Chairman Jack Martins (R - Nassau County) said the Senate remains open to a hike in the minimum wage but stressed it must be considered with other issues, such as improved workforce training.

In Nassau, officials attributed the historically high overtime costs to staffing needs after a wave of officers retired in recent years and were not immediately replaced as the county negotiated new labor contracts following a three - year wage freeze.

Cuomo credited the labor group with several of his recent legislative successes, such as a bill that increases the minimum wage to $ 15 in New York and a paid family leave program.

Cuomo's remarks in Philadelphia at a labor council meeting highlighted his own efforts to push for a $ 15 minimum wage as an acknowledgement of the issues facing the working poor.

Cuomo amassed labor support from politically key unions to push for the $ 15 wage and conducted an advertising campaign for the measure as well.

In June, Buffalo Mayor Byron Brown, the wage board's chairman and a longtime Cuomo ally, said he and his fellow members clearly believed «a substantial» increase was needed to bring fast food workers up the economic ladder — despite persistent opposition from the business community, which often found itself drowned out at public hearings that served more or less as labor rallies.

The bill, sponsored by Democratic Assembly Majority Leader Joe Morelle (a Rochester - area lawmaker) and Republican Sen. George Amedore, is aimed at codifying state Department of Labor guidelines that exempt delivery people who are hired as independent carriers from aspects of the unemployment, the minimum wage and workers» compensation coverage laws, according to the sponsor's memo.

The state Labor Department is downplaying the likelihood that jobs might be lost as the result of a pending wage hike for fast food workers.

New York senators say the state should help nursing homes, hospitals and home health aide companies pay higher labor costs if the minimum wage climbs to $ 15 an hour, as Cuomo proposed.

Jimmy Vielkind: «Is Gov. Andrew Cuomo joining a major labor union's push to raise the minimum wage, or is the union putting as - yet - untold amounts of time and money into a boosting a gubernatorial proposal?»

In the summer, and as Cuomo's feud with liberal New York City Mayor Bill de Blasio erupted into public view, Cuomo convened a wage board at the Department of Labor to study a minimum wage hike for workers in the fast - food industry.