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Switzerland $25 Minimum Wage Voted Against

Switzerland $25 Minimum Wage Voted Against

By Mike Fossum May 18, 2014

Switzerland voted Sunday to reject a measure called the Decent Salary Initiative, that would establish a minimum wage of $4,515 per month in that country, with 76.3% of voters opposed to the idea. The proposed monthly minimum wage equates to …

Jobless Benefits Undecided By the Senate Jobless Benefits Undecided By the Senate
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Jobless benefits expired for more than 1.3 million Americans on December 28, 2013. Since that date the total number of long-term unemployed Americans has increased to 1.4 million. The issue was raised today in the U.S. Senate however Republicans and …

Macy's Cuts Jobs Despite Successful Christmas Sales Macy's Cuts Jobs Despite Successful Christmas Sales

Bad news for Macy’s employees.┬áThe retailer announced on Thursday that it will be laying off about 2500 of its employees despite having successful earnings over the Christmas season. Macy’s announced that it intends to close a total of 5 stores …

Unemployment Extension Possible in 2014? Unemployment Extension Possible in 2014?
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The million or more people who will no longer be seeing unemployment checks – money that has kept food on the table – are unsure of how they will survive. However, the possible good news is that next week, as …

Unemployment: A Long Term Problem; No End in Sight Unemployment: A Long Term Problem; No End in Sight

CNN Money reported recently about one woman’s struggle to find a job. Lena Rouse was an IT analyst at a regional bank and was laid off from her job. She has 2 Master’s degrees – one in business and one …

Unemployment Benefits Expire For 1.3 Million Unemployment Benefits Expire For 1.3 Million
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This weekend, millions of Americans are suddenly going to stop receiving their unemployment benefits. The extended federal benefits plan expires this Saturday, the 28th, forcing 1.3 million to go without a source of income. These long-term federal benefits were created …

$11.50 Minimum Wage: Sound Nice? $11.50 Minimum Wage: Sound Nice?
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Community leaders in Seattle have vocalized desires to raise minimum wage, and now leaders in Maryland have instigated the process to implement policies that increase wages. Presently, the federal minimum wage is set at $7.25 per hour though some states …

World Economy To Continue Modest Growth in 2014 World Economy To Continue Modest Growth in 2014
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Since the economic downturn that began more than five years ago, the world economy has struggled to lurch forward. There are signs, however, that the global economy is beginning to pick back up, albeit slowly. Market research firm IHS today …

Unemployment Claims Rise Due to Shutdown & Glitches Unemployment Claims Rise Due to Shutdown & Glitches

The unemployment weekly claims report released by the US Department of Labor indicates that initial unemployment claims rose to 374,000 this week, up 66,000 from the 308,000 total last week. The shutdown of the United States government was bound to …

Employment to Hit Pre-Recession Level in Some States Employment to Hit Pre-Recession Level in Some States

Earlier this month, the U.S. Department of Labor released figures showing that around 169,000 jobs had been added in the U.S. in August. Though employment numbers have been rising slowly now for months, unemployment across the U.S. remains at just …

169K Jobs Added Last Month, Unemployment at 7.3% 169K Jobs Added Last Month, Unemployment at 7.3%
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The U.S. employment numbers for the last few months have been ok. Not good or great, but generally trending in the right direction. Back in July, the U.S. Department of Labor revealed that unemployment insurance benefits dropped by 48,000 from …

Jobless Claims in U.S. Hit Five-Year Low Jobless Claims in U.S. Hit Five-Year Low

Last week, the U.S. Department of Labor reported unemployment insurance benefit claims were down from the previous year for the week ending July 13 – down some 48,000 claims. The numbers began to spark hope that the U.S. economy, or …

Unemployment Benefits Claims Down From Last Year Unemployment Benefits Claims Down From Last Year

The U.S. Department of Labor this week revealed that initial claims for unemployment insurance benefits was down to 334,000 for the week ending July 13. That number is down 24,000 from the previous week, and down 48,000 from the same …

North Carolina's Jobless Lose Federal Money North Carolina's Jobless Lose Federal Money
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In a move designed to repay their Federal debt faster, the state of North Carolina has cut benefits to 170,000 workers within the state. As a result, they have put themselves in a position of not being eligible to receive …

Jobs Report Shows 155,000 New Jobs Jobs Report Shows 155,000 New Jobs

A new jobs report issued by the U.S. Bureau of Labor Statistics today showed that 155,000 new U.S. jobs were added in December 2012. Though this is good news for thousands of Americans, the news was tempered somewhat by the …

Bill Clinton: "We Need To Go With Obama's Plan" Bill Clinton: "We Need To Go With Obama's Plan"
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Bill Clinton will appear in a new television ad for President Obama’s campaign to back him up where job creation is concerned, saying he’s the candidate most likely to make it happen. The economy has been the biggest sticking point …

Will Code 4 Latte: Homeless Woman Looks for IT Work Will Code 4 Latte: Homeless Woman Looks for IT Work
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A “Will Code 4 Latte” sign is sure to draw some attention, both good and bad. Which, of course, is to be expected, particularly when someone who claims to be homeless is holding a makeshift shift cardboard sign with an …