Showing posts with label U.S. Workers. Show all posts
Showing posts with label U.S. Workers. Show all posts

Monday, January 12, 2015

Construction Work Is Getting More Deadly, But Only For Latinos

David Noriega, Jan. 6, 2015, Buzzfeed

According to data from the Bureau of Labor Statistics (BLS), between 2010 and 2013, the number of deaths among Latinos in the construction industry rose from 181 to 231. The number of deaths also rose in the industry overall, from 774 to 796. But Latinos account for this rise entirely: During the same period, deaths for non-Latino construction workers fell from 593 to 565. (The numbers for 2013 are preliminary, and are likely to go up across the board when BLS revises them in the spring.)

Read more: www.buzzfeed.com


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Wednesday, December 10, 2014

Study: Minimum-wage Hikes Made The Great Recession Worse For Low-skill Workers

James Pethokoukis, Dec. 8, 2014, American Enterprise Institute

A new NBER working paper from Jeffrey Clemens and Michael Wither of the University of California, San Diego, suggests that the 30% increase in the average effective minimum wage over the late 2000s “reduced the national employment-to-population ratio — the share of adults with any kind of job — by 0.7 percentage point” between December 2006 and December 2012.

Read more: www.aei.org


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Sunday, November 16, 2014

Giving Up: 40% Women, 28% Men, 39% Youth Don't Want A Job

Paul Bedard, Nov. 14, 2014, Washington Examiner

Nearly four in 10 Americans, or 92 million, are not in the labor force and now there’s a reason why: They have simply given up and don’t want to work.

According to the Bureau of Labor Statistics, the largest group of people not in the labor force are those who don’t want a job, a remarkable statement on the nation’s work ethic. The federal job counter said that 85.9 million adults last month didn’t want a job, or 93 percent of all adults not in the labor force.

Pew Research Center analysis out Friday dug a bit deeper to find out who those people are. Many are younger Americans who seem far less interested it landing a job than previous generations, possibly discouraged by the lack of good-paying jobs.

Read more: www.washingtonexaminer.com



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Wednesday, April 16, 2014

By Barbara Hollingsworth, Apr. 15, 2014

(CNSNews.com) – Eliminating or greatly reducing America’s corporate income tax “produces rapid and dramatic increases” in “U.S. investment, output, and real wages,” creating jobs for American workers and boosting the nation’s Gross Domestic Product (GDP) a full 6 percent, according to a new study released Tuesday on Capitol Hill.

“The tax is mostly about driving companies out of the United States,” Dr. Laurence Kotlikoff, aneconomist at Boston University and one of the study’s four co-authors, told CNSNews.com.

“The burden of the corporate income tax falls mainly on workers,” he pointed out, “and they are the ones who will gain most from reform.

“When you turn off the corporate tax and raise personal taxes, surprisingly good things happen,” explained Kotlikoff, director of the new Tax Analysis Center,. “A lot of companies abroad would start operating in the U.S., and U.S. companies that are investing abroad would start investing here.”

At 35 percent, the U.S. currently has the highest marginal corporate tax rate among developed countries. On March 31st, Moody’s Investor Services reported that in 2013, non-financial U.S.-based businesses held $947 billion in cash overseas, up 12 percent from 2012.

“The high amount reflects the negative tax consequences of permanently repatriating money to the U.S. and the domestic use of cash for dividends, share buybacks and the majority of acquisitions,” said Moody’s vice president Richard Lane.

The study used a state-of-the-art, life-cycle computer model to track capital flow simulated by tax reform in the U.S. while assuming no changes in tax rates in Europe, Japan, China and India. It found that eliminating the corporate income tax would return a large amount of capital to the U.S., where it would be put to use creating jobs and expanding productivity.

Read the full story:  www.cnsnews.com

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