Without a strong union movement in the private sector, a critical balance in the market has been lost. No wonder labor’s share of national income has fallen to lows not seen since statistics began being kept in the late 1940s.
Follow coverage of the U.S. and global economy, jobs and unemployment; banking; interest rates and other decisions by the Federal Reserve (Fed) and Chairwoman Janet Yellen; and economic indicators such as the gross domestic product (GDP), factory orders and durable goods. Other topics include the federal budget deficit and national debt, and local economic columnist Jon Talton.
The “secure scheduling” law is the Seattle City Council’s latest foray into progressive lawmaking.
Last week at the Oracle World Conference the founder of Oracle challenged Amazon’s lead in cloud computing; Theo Chocolate offers a more healthful chocolate snack.