Amazon warehouse workers in Alabama got a surprise ally in U.S. Sen. Marco Rubio, with the conservative lawmaker revealing on Friday that he supports their efforts to unionize. The Republican senator from Florida accused Amazon AMZN in an op-ed published by USA Today that of waging “a war against working-class values” as …
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The post-recession tech boom in San Francisco appears to be reaching some form of an ending. Thank goodness. Amid much discussion about a potential tech exodus, recent data shows that, writ large, people are not moving away from Silicon Valley and the Bay Area. They are moving out of San …
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Happy Friday MarketWatchers. Don’t miss these top stories: Jon Bon Jovi finally puts a price on his NJ mansion: it’s available for $ 20 million The rocker Jon Bon Jovi has relisted his rockin’ New Jersey estate. Now it comes with an important piece of information for potential buyers — …
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In an effort to combat fraudulent unemployment insurance claims, which have been rampant in some states during the pandemic, gig workers and self-employed workers will be required to provide documentation of their earnings to get unemployment benefits under the new stimulus package. Gig workers and self-employed people aren’t traditionally eligible …
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The American Bankers Association is seeking vaccine prioritization for bank tellers and frontline community-bank employees. An earlier version of this story suggested that the industry group was seeking a broader prioritization for the financial industry, including traders. The story has been corrected. Frontline bank employees could get a shot in …
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Health-care workers and nursing-home residents should be the first in line for the fast-approaching COVID-19 vaccine shots, a federal government advisory panel voted Tuesday. The Centers for Disease Control and Prevention’s Advisory Committee on Immunization Practices supported the recommendations in a 13-1 vote. The recommendations aren’t binding but they can …
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Many young Americans say they don’t expect to get Social Security when they retire, but it’s the older workers of today who may see the first cuts to their benefits. The Congressional Budget Office released an updated budget outlook on Wednesday, originally published in July, to reflect the impact the …
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“ Every business is at risk of losing those who drive innovation. ” When employees shifted to working remotely five months ago, few thought it would last this long. Now, an estimated 30 million Americans are unemployed, with one in five workers collecting unemployment benefits. The U.S. recession is deepening, …
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Older workers are disproportionately impacted with job losses during the current pandemic, especially because not all will be able to return to the workforce. 80% of older Americans can’t afford to retire – COVID-19 isn’t helping Just prior to the crisis, 34 million workers ages 55 to 70 years old …
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