Jan. 9, 2015
The U.S. concluded its best year of job growth in 15 years as the unemployment rate fell to a postrecession low last month, signs of strength that mask continued challenges of stagnant wages and a stubbornly high number of Americans still on the sidelines.
Jan. 6, 2015
Despite considerable improvement in the labor market, growth in wages continues to be disappointing. One reason is that many firms were unable to reduce wages during the recession, and they must now work off a stockpile of pent-up wage cuts. This pattern is evident nationwide and explains the variation in wage growth across industries. Industries that were least able to cut wages during the downturn and therefore accrued the most pent-up cuts have experienced relatively slower wage growth during the recovery.
Oct. 8, 2014
Better data from actual payroll records that the government collects as part of the unemployment insurance program suggest the average hotel worker is making almost 20% more than they are self reporting in the ACS data. And of course this fails to include the healthy tip income that many workers in the hospitality space earn, including waiters, valets, bellhops, and bartenders. In other words, clearly there are some low-income workers in the hotel field, but not nearly as many as the initial estimates the researchers would have you believe.
Oct. 6, 2014
Los Angeles County was home to 368,580 high-tech jobs in 2013, more than other regions that boast strong high-tech sectors, according to figures released Monday by Mayor Eric Garcetti and local economists.
Oct. 3, 2014
Los Angeles became the latest to join the movement when the city council approved a law on Sept. 24 requiring large hotels to pay employees at least $15.37 per hour and provide generous paid sick-leave benefits. But the ordinance includes a provision, increasingly common in similar ordinances, that permits unions to waive the requirements in collective bargaining.
. . . In 2013 the Long Beach Business Journal cited the collective-bargaining waiver built into the city's $13 minimum wage law as an important factor in the unionization of two large hotels, the Hyatt Regency Long Beach and the Hyatt Pike Long Beach.