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+11 +1
Nearly half of American workers don’t earn enough to afford a one-bedroom rental
Nearly half of American workers do not earn enough to rent a one-bedroom apartment, according to new data. Rents in the US continued to increase through the pandemic, and a worker now needs to earn about $20.40 an hour to afford a modest one-bedroom rental. The median wage in the US is about $21 an hour.
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+2 +1
Minimum wage would be $26 an hour if it had grown in line with productivity
The federal minimum wage in the U.S. has remained glued at $7.25 an hour for the last 12 years, the longest stretch without a boost since it was first adopted in 1938. Yet there's another revealing figure that underscores how the minimum wage — created by Congress after the Great Depression as a way to ensure that Americans were fairly paid for their labor — has failed to keep up with the times.
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+14 +1
‘Pay me my worth’: restaurant workers demand livable wages as industry continues to falter
After the traumas of widespread economic shutdowns during the coronavirus pandemic, America’s restaurant industry is largely open for business again as eateries ranging from high-end bistros to fast-food chains are serving hungry customers.
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+16 +1
A Record Number of Americans Are Quitting Their Jobs; Highest Numbers Since 2000 - Media Traffic
A record 4.3 million people quit their jobs in August, evidence of the considerable leverage workers have in today’s economy. About 2.9% of the workforce quit in August, up from 2.7% in July, according to the Job Openings and Labor Turnover Survey (JOLTS) report, released Tuesday. That marks the highest quit rate since the report began in late 2000.
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+23 +1
The number of U.S. workers quitting their jobs in September was the highest on record.
Employers are still struggling to fill millions of open jobs — and to hold on to the workers they already have. More than 4.4 million workers quit their jobs voluntarily in September, the Labor Department said Friday. That was up from 4.3 million in August and was the most in the two decades the government has been keeping track. Nearly a million quit their jobs in the leisure and hospitality industry alone, reflecting the steep competition for workers there as businesses recover from last year’s pandemic-induced shutdowns.
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+4 +1
‘This is not an employee choice': The CEO of Morgan Stanley gets real and says employees can't simply choose to work remotely
The pandemic has completely transformed people’s working lives. Employees across industries have gotten used to remote work, and they want to hold onto it, fighting back against efforts to bring them back into the office, and experts warning that if companies don’t welcome remote work, they risk losing talent.
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