Friday, May 16, 2014

'My boss doesn't rule my destiny'

"Fast-food workers went on strike across the country on Thursday hitting pizza, burger and taco chains in Chicago, Los Angeles, Boston, Philadelphia, and other cities." -NEW YORK (CNNMoney)


Workers in about 150 cities walked off work to demand a minimum wage of $15 an hour, and the right to join unions without retaliation from employers. The big chains of the $200 billion fast food industry were well represented, with workers from McDonald's, Taco Bell and others. In New York City, workers paraded up Broadway beating drums and showing their opinions on pay and how they value their work and their jobs.


http://money.cnn.com/2014/05/16/news/companies/fast-food-protesters/index.html?iid=Lead

Friday, May 9, 2014

More Americans bike to work



The number of Americans who bike to work jumped by about 60% since 2000, according to a report from the U.S. Census Bureau. Though nearly 90% of commuters still drive to work, the number of those biking grew the most over the past decade when compared to other types of transportation. One reason for the spike in bike riding could be that cities are encouraging cyclists by creating bike lanes and bike-share programs.


By riding bikes, many people are saving money as well as time. Biking cuts down the amount of time in traffic, and you also do not need to pay for gas or other repairs. Biking to local places such as jobs and activities is a good way to save money and a quicker, more efficient, way to travel.


http://money.cnn.com/2014/05/08/news/economy/bike-commuters-census/index.html?iid=SF_E_Lead

Friday, May 2, 2014

Hiring is up in April, unemployment down

"The jobs recovery is still chugging along, although at this pace it will still take years to get back to a pre-recession labor market." The U.S. economy added 288,000 jobs in April. While that's an encouraging sign that the economy is continuing to improve, the unemployment rate told a different story. That number, which comes from a survey of households, shows fewer Americans are joining the labor force and fewer people report they're employed. These trends led to the unemployment rate falling to 6.3%, its lowest level since September 2008.


Given the millions of jobs lost in the financial crisis, even modest hiring is still not enough to put the huge backlog of unemployed Americans back to work. But this is a good start as the countries economy begins to recover. 

http://money.cnn.com/2014/05/02/investing/april-jobs-report/index.html