Edward Nasser is a student at Harvard Law School.
The NLRB has challenged some provisions in the required employment contracts that Bridgewater Associates, the world’s largest hedge fund, requires each full-time employee to sign. The NLRB filed an administrative action against the firm in July saying that Bridgewater has interfered with, restrained and coerced employees from exercising their rights. Because many other money management firms share the same contractual provisions being challenged against, the case has has the potential for wide reaching effects.
Unsurprisingly, unions are spending more money than ever before on the 2016 elections. Spending has overwhelmingly gone to support Hillary Clinton and a Democratic majority in the Senate, despite many white working-class voters and union members support for Donald Trump. Union leaders are trying to inform members on how each candidates policies–and Supreme Court nominations–will affect them.
Opinions at the Federal Reserve are split on when to raise interest rates. Janet Yellen, the chairwoman, has discussed the difficulty in assessing what effect monetary policy has on the labor market and inflation and advocated for a cautious approach. Eric Rosengren, the president of the Federal Reserve Bank of Boston, has suggested that the Fed should raise rates as early as December to avoid going beyond full employment.
Major League Baseball is proposing an international draft to complement the domestic amateur draft as a component of the new CBA being negotiated with players. The move calls for a minimum-age requirement of 18 for eligible players. Baseball executives believe the draft would lessen the potential for abuse and exploitation of international players, a market which currently has little oversight. International players can currently be signed by any team on their 16th, but often play in team-run camps for years prior to making any money. The current system has come under widespread fire for promoting corruption and aggressive labor practices.
Daily News & Commentary
Start your day with our roundup of the latest labor developments. See all
July 4
The DOL scraps a Biden-era proposed rule to end subminimum wages for disabled workers; millions will lose access to Medicaid and SNAP due to new proof of work requirements; and states step up in the noncompete policy space.
July 3
California compromises with unions on housing; 11th Circuit rules against transgender teacher; Harvard removes hundreds from grad student union.
July 2
Block, Nanda, and Nayak argue that the NLRA is under attack, harming democracy; the EEOC files a motion to dismiss a lawsuit brought by former EEOC Commissioner Jocelyn Samuels; and SEIU Local 1000 strikes an agreement with the State of California to delay the state's return-to-office executive order for state workers.
July 1
In today’s news and commentary, the Department of Labor proposes to roll back minimum wage and overtime protections for home care workers, a federal judge dismissed a lawsuit by public defenders over a union’s Gaza statements, and Philadelphia’s largest municipal union is on strike for first time in nearly 40 years. On Monday, the U.S. […]
June 30
Antidiscrimination scholars question McDonnell Douglas, George Washington University Hospital bargained in bad faith, and NY regulators defend LPA dispensary law.
June 29
In today’s news and commentary, Trump v. CASA restricts nationwide injunctions, a preliminary injunction continues to stop DOL from shutting down Job Corps, and the minimum wage is set to rise in multiple cities and states. On Friday, the Supreme Court held in Trump v. CASA that universal injunctions “likely exceed the equitable authority that […]