Economy Adds 91,000 Jobs in August; State and Local Governments Cut 200,000 Workers
August 31, 2011 - Here are the stories that the WorldatWork Public Policy team are reading today.
Some companies pay their CEOs more than Uncle Sam, study says
The Washington Post
It has become a bipartisan article of faith in some quarters that the income tax on U.S. corporations must be lowered.
But for many large U.S. companies, the burden of U.S. taxation pales in comparison with what they pay their chief executives, according to a study released Wednesday by the Institute of Policy Studies, a liberal think tank. (Continued.)
State, local governments cut 200,000 workers
Cash-strapped state and local governments slashed more than 200,000 jobs last year, according to a report Tuesday.
U.S. Census data show that state and local governments had 203,321 fewer full-time employees and 27,567 fewer part-time workers in 2010, compared with 2009. (Continued.)
Economy added 91,000 jobs in August
The economy added jobs at a slightly slower rate in August, but businesses are also planning to lay off fewer workers, according to a pair of private reports.
Jobs in the private sector grew by 91,000 from July to August, slightly below expectations and down from the 109,000 added in July, according to payroll processor ADP Employer Services. (Continued.)
At N.L.R.B., Flurry of Acts for Unions as Chief Exits
The New York Times
The National Labor Relations Board on Tuesday released a decision that would make it easier to unionize nursing home workers.
It is the latest in a flurry of moves favorable to unions that the board completed before the term of its chairwoman, Wilma B. Liebman, expired on Sunday. The board released two other pro-union decisions on Tuesday, both reversing decisions issued under President George W. Bush. (Continued.)