News
CNN Money | Workers over 50 are the new 'unemployables'
Unemployed workers in their fifties are increasingly finding themselves stuck in limbo. On one hand, they're too young to retire. They may also be too old to get re-hired.
Washington Times | Gun maker Beretta threatens to leave Maryland, take hundreds of jobs
The multimillion dollar, centuries-old manufacturer provides hundreds of jobs in the state, the Blaze reports. It was considering an expansion to its existing Prince George County plant — until Maryland lawmakers introduced a bill to ban so-called assault weapons.
Econ Comments & Analysis
WSJ | Why Unions Want a Higher Minimum Wage
Organized labor's instantaneous support for President Obama's recent proposal to hike the minimum wage doesn't make much sense at first glance. The average private-sector union member—at least one who still has a job—earns $22 an hour according to the Bureau of Labor Statistics. That's a far cry from the current $7.25 per hour federal minimum wage, or the $9 per hour the president has proposed. Altruistic solidarity with lower-paid workers isn't the reason for organized labor's cheerleading, either.
