June 9, 2014 |
Friday's jobless figure - 6.3 percent - for May (same as April) means the economy is improving, but slowly, the experts say. Is this what an economic recovery is supposed to feel like? This month marks five years since the end of the Great Recession. Starting with a chart about the job numbers, CNN Money presents 17 visuals to illustrate the recovery. Unemployment has fallen from 10 percent in late 2009, gross domestic product has wobbled, stocks have soared, mortgage foreclosures have plummeted.
June 5, 2014 |
Warning that jobs - especially those created by small businesses - will be at risk, the PA Chamber of Business and Industry and 34 local chambers of commerce sent a letter Tuesday to the General Assembly urging legislators to oppose proposed mandated wage hikes. "Following a historically devastating economic recession and in the midst of an unprecedentedly [sic] sluggish recovery and persistently high unemployment, it is imperative that lawmakers pursue public policy that encourages job retention and creation and avoids impediments to economic growth," the letter says.
May 21, 2014
GOVERNOR Rob McCord (D.) CITY COUNCIL AT-LARGE (Special Election) Matt Wolfe (R.) CITY BALLOT QUESTIONS Question 1: Allow Council to set minimum wage for city subcontractors? Vote NO Question 2: Allow city elected officials to remain in office while campaigning for another office? Vote NO Question 3: Give Council authority to approve contracts for legal representation of indigent defendants? Vote NO STATE SENATE Fourth District Second District Art Haywood (D.)
May 21, 2014 |
NATE SMITH, 22, a baggage handler at Philadelphia International Airport and father of a 2-year-old girl, says he experiences pretty much all of the downsides of work - the constant aches and back pain from lugging more than 1,000 heavy bags every day. But earning the federal minimum wage of $7.25, the Southwest Philadelphia resident says he is not enjoying the full benefits of his labors. Smith said that he, his fiancee and his daughter are living with his grandmother to make ends meet, and he's frustrated when he can't buy his little girl a toy because he can barely pay the monthly bills.
May 20, 2014
TOMORROW'S primary election will determine the candidates for a number of offices, including governor, lieutenant governor, U.S. House and some state House races. If that's not reason enough to vote, consider this: Just last week, Gov. Corbett announced that he will drop further appeals to a court ruling banning the state's voter-ID law, put into place two years ago. The death of this pernicious law is reason to celebrate, and the best way to do that is to get out and vote. Here are our endorsements for governor and for city ballot questions.
May 17, 2014 |
Philadelphia fast-food workers and activists joined protests Thursday in what was billed as a global fast-food strike, with workers in 150 cities and 30 countries reportedly participating. It was Philadelphia's first official participation in a fast-food strike, although there have been strikes in Wilmington and rallies in the city on the issue of raising wages for fast-food workers to $15 an hour. Industry associations say raising wages would force restaurant owners to cut positions or hours.
May 15, 2014
THERE ARE many compelling arguments for and against raising the minimum wage. Those against say that it's a job-killer and will raise prices. Those for raising the wage say that a higher wage would lift many people over the poverty line, and that studies show no effective negative impact on job creation. Besides, the wage has long been stagnant; the minimum wage in 1968 would be $9.04 in today's dollars. For us, the most compelling argument for the impact of low wages is summed up in five words: Walmart workers on food stamps.
May 8, 2014 |
Mayor Nutter signed an executive order Tuesday requiring city contractors and the companies they subcontract with to pay a minimum wage of $10.88 per hour for city work for the rest of the year. Starting in January, the order said, that minimum will rise to $12 an hour and will be adjusted for inflation going forward. Nutter cited the State of the Union message in which President Obama urged mayors and governors not to wait for Congress to act on the minimum wage. "Today, I will in fact answer the president's call," Nutter said.
May 7, 2014 |
MAYOR NUTTER will sign an executive order today raising the city's minimum-wage requirements for contractors working on public projects and extending them to subcontractors, according to an administration memo obtained by the Daily News . "The Executive Order will raise the minimum wage required in City contracts and subcontracts, and implement annual adjustments for inflation," the memo said. "The Executive Order will also direct contracting departments and other agencies to implement the requirements as to subcontractors, consistent with recent legislative actions.
May 2, 2014 |
FOR A FEW hours yesterday, the ghost of Occupy Philadelphia returned to Center City. A passionate group of activists, some of whom camped out with Occupy two years ago, took up banners, signs and flags at 15th and Market, across from the now-closed Dilworth Plaza, to celebrate the May 1 International Workers Day, a national day of protest. Some wore masks - including one gentleman in a painted Guy Fawkes getup who declined to comment - while others looked as if they had just come from work.