"The grand plan by the KEA and their lobby of teachers opposing pension reform is to take more money from those that are already responsible for paying teacher incomes - the Kentucky taxpayer. Instead of making concessions in an effort to fix their own underlying problem, they want a bailout."
"People just peed in bottles because they lived in fear of being disciplined over ‘idle time’ and losing their jobs just because they needed the loo."
You’d be mistaken to think Harvey, Illinois has a unique pension crisis. It may be the first, and its problems may be the most severe, but the reality is the mess is everywhere, from East St. Louis to Rockford and from Quincy to Danville.
The latest JOLTS report showed an unexpectedly large contraction in the labor market, as the number of job openings dropped from a downward revised 6.228 million to 6.024 million, a 176Kslide, as the series becomes increasingly volatile.
Just as The White House released the text of the USPS Executive Order "evaluating... the expansion and pricing of the package delivery market.", Bloomberg reports that Jeff Bezos is preparing to launch "Shipping with Amazon."
Despite receiving at times strong criticism, the NHS – the UK’s national health care service – holds a top spot in comparison to other EU countries when it comes to affordability.
The firm is insisting that it secures a 7.25% annual yield on its investment by raising rents and leasing the properties back to their former owners...
Ten people were arrested on federal criminal charges, one person was arrested on state charges and 86 immigrants were detained for being in the country illegally
With strong wage growth once again taking place, which sectors were responsible? Not surprisingly, it was all of the high paying jobs while minimum wage industries barely contributed.
The whisper number of big payrolls miss was right, with only 103K jobs added in March, after an upward revised 326K in March. However, virtually all of the miss was due to bad weather as 159K were "unable to work due to bad weather."
The BLS will release the March Payrolls Report on Friday at 0830EDT: consensus expects a 185K increase in payrolls and a 0.3% rise in average hourly earnings on a monthly basis. Here's what else to look for in the report.
"Late-cycle" or not, the US jobs market - according to ADP - is firing on all cylinders as for the fourth month in a row, employment rose over 200k (+241k in March vs +210k exp).
Employees are now willingly working with their employers to make sure that the corruption and overreach of unions doesn't "bite the hand that feeds them"
Employees are now willingly working with their employers to make sure that the corruption and overreach of unions doesn't "bite the hand that feeds them"
After an exuberant afternoon chasing US stocks higher, NKY futures are sliding into the Japanese open as Industrial Production and Consumer Price Inflation disappointed significantly, and the unemployment rate rose for the first time in 8 months.