Increases in wages are failing to keep pace with the rising costs of housing for many low- income and middle-income workers, according to a report by the National Housing Conference.
Labor unions criticized Donald J. Carty for giving executives what the unions viewed as lavish perks while at the same time asking unions to make concessions.
Full-time workers age 25 and over without a high school diploma had median weekly earnings of $397, compared with $549 for high school graduates (no college) and $961 for college graduates holding at least a bachelor's degree.
A recent study found that that two-thirds of the 178 major U.S. companies surveyed say they are either taking action or considering changes to their long-term incentive plans.
Lawmakers have introduced legislation that would allow hourly workers, through a voluntary agreement with their employer, to choose paid time off as compensation for working overtime hours, CBS MarketWatch reports.
