Anyone wearing an "assistant manager" name tag knows that the job carries a nice title but doesn't necessarily come with commensurate pay.
One of the biggest issues for assistant managers and other white-collar workers is unpaid overtime. That's because those employees are often expected to work 60 or 70 hours a week, pushing their pay down to minimum-wage level once all their hours are included.
I grew up just outside Detroit and have felt an ache in my heart for this bleeding city for so many years now. It's long been one of the country's designated loser cities, beginning in the 1960s, when change hit it hard. The phrase at the time was "urban blight," a social cancer with unexamined causes that, in the ensuing years, has gotten progressively worse.
For decades, rapid economic growth has been the norm for developed countries. An educated workforce, a large population boom, major technological advances, and abundant fossil fuels were the key components of growth, generating substantial and broadly distributed increases in standards of living in many countries. We have grown so used to such growth that we inevitably view it as a panacea for a host of economic ills, whether it's a deep recession or income inequality.
We now understand, however, that the postwar growth paradigm is not environmentally sustainable.
Roughly half of all U.S. families have no money set aside for retirement, Federal Reserve data show. Not a cent. But even that alarming savings deficit doesn't fully capture the emerging socioeconomic crisis facing what is, after all, a rapidly graying nation. [...]
In their new book, "Good Jobs America: Making Work Better for Everyone," Paul Osterman and Beth Shulman argue that the United States needs to worry about not just creating millions more jobs but also ensuring that the jobs are good ones.
Saira Malik, Nuveen CIO, Jason Furman, professor at the Harvard Kennedy School of Government and former CEA chair, Tyler Goodspeed, Cato Institute adjunct scholar and former acting CEA chairman, and Angela Hanks, chief of programs at Demos, join CNBC's 'Squawk Box' to react to September's key jobs report.
Chief of Programs at Demos, Angela Hanks on Black employment in this jobs report, wage growth, and the Fed rate hike - what damage that could do to the economy.
Dēmos strongly supports updating federal regulations to restore and extend overtime protections. However, we urge the Department to finalize a stronger rule than the one proposed.
This women’s history month, we celebrate Acting Secretary Julie Su’s leadership and call on the Senate to stop this egregious delay and confirm her as nominee.
When fast food workers went on strike recently in Washington State, they weren't just protesting low wages. They were also protesting the lack of enough work hours and reliable schedules.
Like low-wage employers everywhere, restaurant chains in Washington go to great lengths to limit their workers to under 30 hours a week. Once an employee goes over that threshold, they qualify for benefits that even low road employers feel they have must offer.
Today's ruling is a powerful affirmation: the CFPB stands as a fortress against financial predators, especially crucial for communities of color battered by decades of discriminatory banking practices.