Law Could Upend California’s Gig Economy

By Associated Press – Re-Blogged From Headline Wealth

California law that makes it harder for companies to treat workers as independent contractors takes effect next week, forcing small businesses in and outside the state to rethink their staffing.

The law puts tough restrictions on who can be independent contractors or freelancers rather than employees.

Supporters say it addresses inequities created by the growth of the gig economy, including the employment practices of ride-sharing companies like Uber and Lyft that use contractors.

But the union-backed legislation went far beyond demanding that drivers be treated like employees. In theory, it could extend to everything from hospice and home healthcare workers to babysitters to newspaper employees and even (depending on the laws) workers in the sex trade..

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How Big Government Hurts Women

Government-mandated employee perks might sound like a good way to help out working women, but, in reality, these programs do more harm than good. European women are already paying the price, and American women might be next. Carrie Lukas, President of Independent Women’s Forum, explains how keeping the government out of the workplace goes a long way toward keeping women in it.

Please watch the VIDEO.

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Dumber than Schist

By David Middleton – Re-Blogged From WUWT

WARNING

This post is extremely political. If you are offended by hardball politics, stop reading here. Comments to the effect that you don’t like political posts or are offended political incorrectness and moderately insensitive language will be mercilessly ridiculed.

Fauxcahontas is truly a “stupid and futile gesture”…

A climate denier-in-chief sits in the White House today. But not for long

Elizabeth Warren

The next president must rejoin the Paris agreement and show the world that the United States is ready to lead on the international stage again

President Trump has now fulfilled his disastrous promise to pull the United States out of the Paris Climate Agreement. The agreement represents decades of work by both Democratic and Republican administrations to achieve a common goal: bringing every country of the world together to tackle the climate crisis, the existential threat of our time.

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U.S. Job Openings Drop to 1-1/2-Year Low

By Reuters – Re-Blogged From IJR

FILE PHOTO: Recruiters and job seekers are seen at a job fair in Golden, Colorado, June 7, 2017. REUTERS/Rick Wilking/File Photo
FILE PHOTO: Recruiters and job seekers are seen at a job fair in Golden, Colorado, June 7, 2017. REUTERS/Rick Wilking/File Photo

U.S. job openings fell to a 1-1/2-year low in August and hiring slipped, suggesting employment growth was slowing mostly because of ebbing demand for labor.

Job openings, a measure of labor demand, dropped by 123,000 to a seasonally adjusted 7.05 million in August, the lowest level since March 2018, the Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS, on Wednesday.

It was the third straight monthly drop in job openings, which have been trending lower this year since scaling an all-time high of 7.6 million in late 2018. The job openings rate fell to 4.4% in August from 4.5% in July.

Hiring decreased by 199,000 jobs to 5.8 million in August, led by declines in the private sector. The hiring rate slipped to 3.8% from 3.9% in July.

Nonfarm payrolls rose by 136,000 jobs in September, down from 168,000 in August, the government reported last Friday. The three-month average gain in private employment fell to 119,000, the smallest since July 2012, from 135,000 in August.

Job growth has averaged 161,000 per month this year, compared to a monthly gain of 223,000 in 2018. Job gains remain above the roughly 100,000 per month needed to keep up with growth in the working-age population. The unemployment rate fell to near a 50-year low of 3.5% in September from 3.7% in August.

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The Relentless Road to Recession

By David Haggith – Re-Blogged From The Great Recession Blog 

“Show me the data,” demand those who cannot see a recession forming all around them and who keep parroting what they are told about the economy being strong because it is what they want to believe; yet, the data look like an endless march through a long summer down the road to recession.

And that is what you are going to get in this article, a seemingly endless parade of data along the recessionary road. This is for the data hounds.

As we end the summer of our discontent when few would deny that most economic talk turned toward recession and, as we begin the time when I said the stock market appears it may fulfill my prognostication of another October surprise, it’s time to lay out — again — the latest data that support my summer recession prediction. We’ll have to wait until next year for the government to officially declare a recession if one did start in September. (Yes, September is a summer month.) In the meantime, the data stream is a long line of confirmation.

Great Recession 2.0 is Obscured but Here!

US City With Highest Min Wage Signals a ‘Tipping Point,’ Businesses Uncertain on How They’ll ‘Survive It’

The continued hike in the minimum wage in one California city — which has the highest in the U.S. — has local business owners worried.

The city of Emeryville, California, garnered the title of being the highest minimum wage city in the United States when the city saw a minimum wage hike in July from $15 to $16.30, according to The Wall Street Journal. Due to the city’s high cost of living in the Bay Area region, supporters of the wage hike saw it necessary.

Thomas White/Reuters

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