Word: wages
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Dates: during 2000-2009
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...Western clients, so if a factory doesn't pass audits, multinationals can just walk across the street. With the Chinese workweek capped at about 50 hours (including overtime), strict new labor laws and growing competition for workers, it's getting tougher to comply with the law, pay the minimum wage, make order deadlines - and earn a profit. Says Rosey Hurst, founder of Impactt, an ethical trade NGO based in London: "I have a large deal of sympathy for the fakers...
Americans wincing over paying four dollars a gallon at the gas pump ought to meet John Gwat. The taxi driver in Cameroon's capital is paying six dollars a gallon, but in a country where the average monthly wage is about $180 - approximately one-tenth of the average American income. And like American consumers, there's precious little that Gwat and other taxi drivers here can do about the gas prices at the gas pumps. "At the end of the month about a quarter of the cars are just parked on the streets, because no one has the money...
...failures, notably his attempts to enact national health insurance. But there were more successes, like the 1965 immigration bill that ended national origins quotas, the creation of the Children’s Health Insurance Program (now SCHIP) in 1997, and battles to raise the minimum wage. (“If you’re not for raising the minimum wage,” he told a nervous colleague, John Kerry, in 1995, “you don’t deserve to call yourself a Democrat...
...Doms, Mark E., and J. Bradford Jensen (1998). "Productivity, Skill, and Wage Effects of Multinational Corporations in the United States," in D. Woodward and D. Nigh, eds., Foreign Ownership and the Consequences of Direct Investment in the United States: Beyond Us and Them. Westport, Conn.: Quorum Books...
...Here's how. We can make sure that waitress earns enough by raising the minimum wage so that it's a livable wage. We can give her a tax break by expanding the Earned Income Tax and Child Tax Credits. We can ensure that parents all across this country don?t have to choose between the job they need and the heartache of leaving their child in substandard care by guaranteeing access to quality child care. And when hardship hits when a job is lost, we should expand eligibility for Unemployment Insurance so families don't slip deeper into trouble...