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Tuesday, March 20, 2012

Employment

News                                                                                                                             
FOX Business | Goldman Initiates New Round of Layoffs
Goldman Sachs Group Inc (GS: 124.84, +0.54, +0.43%) has begun a new round of staff cuts in its trading and investment banking divisions, three sources familiar with the matter said, a sign of a continued penny-pinching on Wall Street.

Econ Comments & Analysis                                                                                            
Heritage Foundation | The Employee Rights Act Empowers Workers
Unions want more dues-paying members—whether they improve working conditions or not. Unions also want contracts that protect their institutional powers. These objectives often conflict with the desires of workers.