Edward Nasser is a student at Harvard Law School.
Motherhood largely drives the gender pay gap, reports the New York Times. The gap widens most during a woman’s late 20s to mid-30s, when many women have children. Mothers carry a disproportionate share of a family’s labor at home and more likely to give up job opportunities for their husband’s job. Sari Kerr, an economist at Wellesley College, notes that couples often decide that the person who earns less, usually a women, should take on more of the household and childcare burden. But because employers often assume that this will be the case, it is a reason women earn less in the first place.
The state pension system of Puerto Rico, which owes workers $49 billion in benefits, is scheduled to run out of money as soon as July, according to Bloomberg. The impending shortfall pits workers against the Commonwealth’s creditors, primarily hedge funds who own one third of its bonds. Puerto Rico’s federal oversight board anticipates a 10 percent cut in pension benefits, but some workers expect an even larger reduction.
The New York Times offers an in depth look at China’s plan to remake the global economy. Through the initiate, called “One Belt, One Road,” China plans to invest $1 trillion in massive infrastructure projects around the world. China will be exporting not just its goods but also its labor, staffing foreign projects with domestic workers. The country hopes to expand its diplomatic influence at a time when the United States is expected to turn inward and focus on “America first.”
Though President Trump scrapped the Trans-Pacific Partnership on his first day in office, may spend the rest of his term trying to pursue similar deals, reports the Wall Street Journal. The TPP included labor and environmental provisions that the Obama administration hoped would raise standards for workers around the globe.
Daily News & Commentary
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March 5
Colorado judge grants AFSCME’s motion to intervene to defend Colorado’s county employee collective bargaining law; Arizona proposes constitutional amendment to ban teachers unions’ use public resources; NLRB unlikely to use rulemaking to overturn precedent.
March 4
The NLRB and Ex-Cell-O; top aides to Labor Secretary resign; attacks on the Federal Mediation and Conciliation Service
March 3
Texas dismantles contracting program for minorities; NextEra settles ERISA lawsuit; Chipotle beats an age discrimination suit.
March 2
Block lays off over 4,000 workers; H-1B fee data is revealed.
March 1
The NLRB officially rescinds the Biden-era standard for determining joint-employer status; the DOL proposes a rule that would rescind the Biden-era standard for determining independent contractor status; and Walmart pays $100 million for deceiving delivery drivers regarding wages and tips.
February 27
The Ninth Circuit allows Trump to dismantle certain government unions based on national security concerns; and the DOL set to focus enforcement on firms with “outsized market power.”