AFL-CIO President Richard Trumka voiced concern over the Federal Reserve’s moves to scale back its stimulus and said he thought new Chair Janet Yellen would reverse course if the economy is hurt too much.
Boosting the minimum wage may cost as many as 500,000 people their jobs, said a new report from Congress’s financial scorekeeper that diminishes chances for an agreement on one of President Barack Obama’s priorities.
The debate over increasing the federal minimum wage this year can help Democratic candidates win in key U.S. battleground states, said national labor leaders who plan to press the issue in congressional elections.
The United Auto Workers could be forced to reconsider its efforts to organize at foreign-owned factories in the U.S., a labor expert said, as the union vowed to keep fighting after losing a closely watched vote at Volkswagen AG’s Tennessee plant.
Raising the U.S. gasoline tax above 18.4 cents a gallon is the “simplest and most straightforward” way to fund a long-term highway bill, the president of the nation’s largest lobbying group for businesses told Congress.
A politically divided U.S. labor board proposed speeding up the process for employees to form a union, reviving a 2011 rule fiercely fought by business groups before it was thrown out by a court on a technicality.