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The idea behind this amendment is to reduce corruption in the legislative branch by requiring an election before a congressperson's salary increase takes effect. The public can thus remove members of Congress from office before their salaries increase. [6] It is unclear whether the amendment produced any change in congressional behavior. [7]
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
The 2011 National Football League Player lockout was a work stoppage imposed by the owners of the NFL's 32 teams that lasted from March 12, 2011, to July 25, 2011. When the owners and the NFL players, represented by the National Football League Players Association, could not come to a consensus on a new collective bargaining agreement, the owners locked out the players from team facilities and ...
As the labor market cools, data suggests more workers are getting "dry promoted" and taking on more responsibilities or a new title for the same pay.
Years-long contract fights at media companies came to a head in 2024, leading to walk-outs by unions from the New York Times, NBC and Forbes.
The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it. Consumers aren't cutting back enough to cause an economic downturn.
A lockout is a work stoppage or denial of employment initiated by the management of a company during a labor dispute. [1] In contrast to a strike, in which employees refuse to work, a lockout is initiated by employers or industry owners.
This allowed teams to continue to impose first refusal and compensation restrictions on their top 37 players. The new system also allowed players at the bottom of the roster to sign with other teams without restriction. [2] The average salary of the players signed under Plan B increased by 40.3 percent. [9]