City declines to use reserve funds to prevent BPS layoffs as more than 560 positions are cut

LA’s delays $30 minimum wage after hotels call it a job-killer

Los Angeles officials have delayed implementation of a controversial plan to raise the minimum wage for hotel and airport workers to 30 an hour after the hospitality industry warned the mandate could result in layoffs, reduced hiring and increased automation. The measure, often referred to as the “Olympic Wage,” was originally designed to increase wages []...Click to read more

Fighting poverty with employment: Chicago block clubs – Illinois Policy

But block clubs can face barriers to increasing employment because of city policy, including: 1) being prevented from accessing vacant lots, or resorting to ad hoc use of them when the permitting process is unclear, and 2) being restricted in the jobs they can arrange because of licensing laws that prevent skilled but uncredentialed people from work in fields like construction.

Rates Spark: ECB tweaking its business model

US payroll numbers are likely to stay above 100k, which means US rates are finding little excuse to test lower. A potential increase in the Minimum Reserve Requirements for eurozone banks could tighten liquidity conditions

SAS eliminates hundreds of positions across the company, spokesperson says

The company said the job cuts were “targeted changes” and that affected employees would be allowed to apply for other open positions or “take advantage of transition.”

As New Minimum Wages Take Effect, California’s Cities Keep Raising the Bar

Local governments are pushing wages above the state’s already high minimum, even as many workers still can't keep up with California's cost of living. The post As New Minimum Wages Take Effect, California’s Cities Keep Raising the Bar appeared first on .