The parent company that owns retailers T.J. Maxx, Marshalls and HomeGoods announced on Wednesday a plan to raise their workers’ wages to $9 an hour in June, with an eventual rise to $10 an hour by 2016. The move makes TJX Cos. the latest mega-retailer to jump on the competitive wages trend, following an announcement from Wal-Mart just last week.
Editor’s note: Paul recently sat down with author and professor Ellen Ruppel Shell to discuss her new book, Cheap: The High Cost of Discount Culture. At the heart of Shell’s premise is the idea that our love of discount and … Continue reading
In his latest coverage about people hit hard by the economic downturn, NewsHour correspondent Spencer Michels reports from Antioch, Calif., about the growing numbers of people who, despite taking on more hours at work or second jobs, are unable to make a sustainable living. Continue reading
Twenty years ago, Montana offered sprawling landscapes and inexpensive living, but the economic meltdown is changing life in “the last best place.” Guest essayist Scott McMillion of the Montana Quarterly reflects on the changes, including job losses, poverty and tight budgets. Continue reading
- Is it too much to ask that the top CEOs of a big corporation be paid no more than five to 10 times the wage of the lowest paid full-time employee?
Question/Comment: Is it too much to ask that the top CEOs of a big corporation be paid no more than five to 10 times the wage of the lowest paid full-time employee? Radical, but the pay scale of so many … Continue reading
Amid questions about Sen. Barack Obama’s readiness for the presidency, former U.S. Treasury Secretary Robert Rubin of the Clinton administration sheds insight on Obama’s capabilities and the likelihood that Americans will coalesce around his domestic and international economic agenda. Judy Woodruff and Rubin discuss. Continue reading
Amid worsening economic prospects, marked by Friday’s Labor Department report announcing new unemployment highs, the class of 2008 faces a tough job markets for new college graduates. Two career-development experts discuss the challenges ahead for new job-seekers. Continue reading
The Supreme Court heard arguments Monday on a case dealing with the statute of limitations on claims of gender discrimination in pay. Marcia Coyle of the National Law Journal explains the arguments. Continue reading
The third conversation in a series on immigration in the United States features an interview with Chalmers Carr, a South Carolina peach farmer. Continue reading