"I really enjoyed my time at Oberlin and I felt like I was learning, but I wasn't progressing towards a job at the end of graduation," said Ned Lindau, a 2011 graduate from Oberlin College in Ohio. He noted that his liberal arts education focused on students exploring subjects that they were interested in learning, not the practicality of a job after college.
President Barack Obama will announce during Tuesday night’s State of the Union address that he's raising the minimum wage for workers under federal contracts to $10.10 per hour, an administration official told The Huffington Post.
If Congress won’t act on jobs and the economy, President Obama promises that he will—a message he’s expected to push in Tuesday’s State of the Union. The problem is, there’s not much the president can do his own.
In Tuesday’s State of the Union address, President Obama will announce his intention to issue an executive order to raise the minimum wage for federal contractors to $10.10.
President Obama plans to sign an executive order requiring that janitors, construction workers and others working for federal contractors be paid at least $10.10 an hour, using his own power to enact a more limited version of a policy that he has yet to push through Congress.
After a year of strikes and protests there’s a victory for many federal workers demanding that their government to pay them a living wage. President Obama in tonight’s State of the Union address will announce plans to sign an executive order requiring federal contractors to pay workers at least $10.10 an hour. The action affects workers currently earning less and will apply to new federal contracts.
Low-wage, federally-contracted janitors and construction workers will have a new minimum wage of $10.10 per hour, under an executive order announced by the White House Tuesday. Advocates said the full scope of the order, which will be formally announced during tonight’s State of the Union address, remains unclear, but could include hundreds of thousands of employees under future federal contracts. [...]
President Obama's promised executive order to raise the minimum wage for some government contract workers would likely affect less than half a million people and may face legal challenge.
What Obama is hoping is that his relatively narrow move will spur Congress to follow suit for all low-wage workers in the country.
During his State of the Union address tonight, President Obama will announce plans to issue an executive order giving a raise to low-wage workers on new federal contracts, a move that affects thousands of people in the Washington area, the White House says.
Dem Rep. Keith Ellison has been one of the leading proponents of the executive action that President Obama will announce tonight boosting the minimum wage for employees of federal contractors. In an interview this morning, he argued that this move has broader significance than it first appears.
At Fox News, President Obama's push to increase the federal minimum wage for millions of American workers through legislative and executive action is merely a "symbolic" gesture.
President Obama took the podium for last night’s State of the Union Address at a time when mood of the country is sour—toward the president and toward the economy. [...]
Of course, actions speak louder than words. In the speech, Obama announced he will sign an executive order that will force federal contractors to pay employees a minimum wage of $10.10 per hour.
Thank you Scott Walker for the reminder that when it rains, it pours. The Journal Times of Wisconsin reported a few weeks ago that, just as the Governor's collective bargaining changes became law, some Wisconsin inmates were given "the opportunity to help Wisconsin by landscaping, painting, and shoveling sidewalks in the winter." But these opportunities are really nothing more then the carnivorous result of union-busting: pitting at-risk populations against middle class union employees.
President Barack Obama vowed on Tuesday to bypass a divided Congress and take action on his own to bolster America's middle class in a State of the Union address that he used to try to breathe new life into his second term after a troubled year.
Standing in the House of Representatives chamber before lawmakers, Supreme Court justices and VIP guests, Obama declared his independence from Congress by unveiling a series of executive orders and decisions - moves likely to inflame already tense relations between the Democratic president and Republicans. [...]
A move by President Obama to raise the minimum wage for federal contract workers to $10.10 an hour is partly an act of symbolism and political tactics, but it promises to have a practical impact on the lives of as many as half a million US workers. [...]
Contentious presidential primaries are usually an opportunity for a party to take a long, hard look in the mirror and decide what it wants to be. But even if Hillary Clinton quashes a season of introspection by steamrollering any 2016 challengers, a possibility that looks increasingly likely if she decides to run, liberal Democrats are still confident they can make themselves heard.
When it comes to boosting economic opportunity, President Obama isn’t going to wait for Congress anymore.
In his State of the Union Address last night, the President made a powerful statement about employers’ obligation to reward work -- starting with his own obligation as the executive in charge of millions of federal contracts.
Democratic lawmakers on Wednesday applauded low-wage federal contract workers, saying their months of protest had paved the way for President Barack Obama’s upcoming executive order to raise the minimum wage for new contractors.
As long as there have been markets, people have been driven by greed to make irrational investment decisions. When enough people get in on the action, valuations -- the prices of securities -- go haywire, soaring to obscene heights and then crashing in a shower of crushed dreams.
Chasing performance, taking on excessive risk and selling at inopportune times are all as old as capital markets themselves. What is new is the modern regulatory environment and financial innovations such as high-frequency trading. Is today's stock market the same beast it was 20 or 30 years ago? [...]
