Page 5 - Worker Pay News Today

The gop are happy to take credit for a historically low unemployment rate and they call it a booming economy, a recent poll from gallup shows 64% of voters say they have not seen an increase in their take-home pay. where is the disconnect? lets start with worker pay. wages are just starting to rise after years of stagnation, up 3.1% over the last year. but heres the issue. cost of living issues are eating that up. much like the criticism of the obama-era economy, it is not a booming economy for ...

Direction of the country is off on the right track. so wheres the disconnect with voters? worker pay, for one. wanes continue to stagnate. rising just 2.7% over the past year. not enough to offset the cost of living increases over the same period. in fact, middle class households earn less today. adjusting for inflation, than they did decades ago. despite economic thats forecasted to top 3% this year. booming economy or not, many voters struggle to make ends meet. >> thanks to our tariffs, idle ...

Changing their plans. last month in the durable goods we saw an enormous spike up in orders for capital goods. all of that is quite promising but its not definitive. its the fifth month and as the year goes on and we move into next year well see whether in fact we get what we need which is americas firms investing in the u.s., innovating in the u.s. and raising wages in the u.s. >> if they invest and innovate in the u.s. that doesnt mean theyre going to raise wages. after a confrese at the dalla...

Slashing corporate taxes. >> i think its going to be a tremendous thing for our country. >> and house speaker paul ryan went to a harley plant in wisconsin. >> tax reform can put harley davidson on a platform and keep jobs here in america. >> a nearly $700 million spok buy back plan, but the buy back authorization and a separate decision to open a facility in thailand are unrelated and called the closing of the plant a tough decision. it was based on our need to address the excess capacity we ha...

To go downstairs before going upstai upstairs. >> 42-year-old jonathan odie faces second-degree murder. he draped a flag across the front desk and shouted derogatory comments about the president. and the companies allowing them to block employees from banding together to fight legal disputes. the court endorsed the practice of companies forcing workers to sign arbitration agreements. they resolve disputes outside a courtroom. companies love arbitration. it means smaller payouts and blocks clas...

"cnn money." the supreme court siding with companies allowing them to block employees from banding together to fight legal disputes. the president trump appointee wrote the majority. the companies forcing workers to sign arbitration agreements which solve problems outside of the courtroom. it means smaller payouts and solving it behind closed doors. it blocks class action suits. companies face a growing number of class action claims about worker pay. this ruling could apply to discrimination cla...

President touched on during this economic forum in davos, switzerland. this is a new fox poll, 40% of registered voters say the trump administration has made the economy better. lets talk about it. yeah, better. thats a pretty firm, good number. or is that sort of normal? >> i have to tell you what we are seeing going on at the fox business network is truly impressive. the president said today, weve created 2.4 million jobs, $7 trillion in stock market wealth created. this is an amazing number. ...

In fact, twice as many ceos have that point of view as last year. so getting to the nitty gritty of starbucks. as you mentioned, the company will boost worker pay, increase benefits as a result. they say of these lower corporate taxes and the total package is worth $250 million. starbucks as we know already known for giving workers more generous pay and benefits and more but the company says they can do more thanks to the tax reform package. so basically just rounding out, if you like, neil, thi...

Savings will translate into higher worker pay. theres no guarantee of that. investors are betting the extra cash will flow to wall street, not to main street. ahead, firefighters in southern california now batting six wildfires and over 200,000 people have been told to evacuate as officials say this fight may last for weeks.

Balking at the idea of a december 30 spending bill. mitch mcconnell says he refers a december 22nd deal. but snan nancy pelosi say they agreed to meet with the president tomorrow. it doesnt mean a hiring boom. thats been a core promise of the tax bill. corporate tax cuts would translate into higher pay and more jobs. more than half of the ceos plan to ramp up hiring in the next six months. as for worker pay, jp morgan chase, the chair of that group says overhauling the tax system will make the...