A Message from Consumer Action

Consumer Action's MoneyWi$e educational materials have moved to our Managing Money Project website. Here you may view, download and order bulk copies of the MoneyWi$e materials. Please make a note of the Managing Money Project address— www.managing-money.org —and add it to your address book.


Labor market is the best since 1970 — but not if you want a raise

Source: Matt O'Brien, Washington Post (Paid Registration)

When unemployment is low, companies are supposed to have to fight over workers by offering them bigger raises. What in the name of worker bargaining power is going on?

Even sandwich shops and doggie day-care centers have been able to bully their employees into signing noncompete agreements, not because there are any trade secrets involved in putting together the perfect (or not) roast beef sandwich, but as a way to prevent their employees from threatening to move to a competitor for higher pay.

Read Full Article: Labor market is the best since 1970 — but not if you want a raise

 
 
 

Quick Menu

Support Consumer Action

Support Consumer

Join Our Email List

Optional Member Code
Facebook FTwitter T

MoneyWise Modules

Managing Money Topics

Help Desk

Advocacy