In the past quarter, labor costs showed their smallest increase in 33 years, according to the New York Times. The small gain reflects diminished worker commissions and bonuses. Experts believe the the small growth in labor costs is a temporary setback and the result of the economy nearing full employment. As the labor market tightens, economists expect wages to increase in turn.
Politico reported on Hillary Clinton’s plan to consolidate labor support for her presidential bid. As the AFL-CIO plans to hold off on an endorsement until later in the cycle, the Clinton campaign has actively pursued the support of individual unions, securing the endorsement of the American Federation of Teachers and ramping up efforts aimed at AFSCME and the SEIU. While Clinton remains mum on the Trans-Pacific Partnership, she has spoken cautiously, yet positively, of efforts to raise the minimum wage to $12. And while she supports local efforts to raise the minimum wage to $15, she has cautioned that that approach “may not work in other places,” according to Buzzfeed.
ArcelorMittal, the world’s largest steel producer, seeks to roll back or hold the line on its labor contracts, according to the Wall Street Journal. Despite a large increase in quarterly profits, the company claims that Chinese companies glutting the market have put pressure on it to cut costs. Leaders of the United Steelworkers have told the union’s members that the company has proposed pay freezes, compensation cuts, and employee healthcare contributions.
The NLRB appears poised to decide whether football players at Northwestern University can form a union, according to the Wall Street Journal. If the Board rules in favor of the players, many expect unionization drives to expand to other private schools and eventually public universities, since state labor boards often follow NLRB precedent. Ramogi Huma, who helped organize the drive, said that his organization had no “option to try and unionize at another private school” if the Board decides against them. “This is a big domino to fall one way or the other,” he added.
Daily News & Commentary
Start your day with our roundup of the latest labor developments. See all
April 1
DOL proposes 401(k) rule; Starbucks investors reelect controversial board members; Washington passes workplace immigration warning requirement.
March 31
In today’s news and commentary, the Supreme Court hears a case about Federal Court jurisdiction over arbitration, a UPS heat inspection lawsuit against OSHA is dismissed, and federal worker unions and NGOs call on the EPA to cease laying off its environmental justice staffers. A majority of Supreme Court justices signaled support for allowing federal […]
March 30
Trump orders payment to TSA agents; NYC doormen look to authorize a strike; and KPMG positions for mass layoffs.
March 29
The Department of Veterans Affairs re-terminates its collective bargaining agreement despite a preliminary injunction, and the Federal Labor Relations Authority announces new rules increasing the influence of political appointees over federal labor relations.
March 27
“Cesar Chavez Day” renamed “Farmworkers Day” in California after investigation finds Chavez engaged in rampant sexual abuse.
March 26
Supreme Court hears oral argument in an FAA case; NLRB rules that Cemex does not impose an enforceable deadline for requesting an election; DOL proposes raising wage standards for H-1B workers.