Anti Wage-Slavery Pro-Freedom Quotations Of The Week 1289-1291
The low-wage business model practiced by many of the largest and most profitable employers in the country not only leaves many working families unable to afford the basics, but also imposes significant costs on the public as a whole,” Sarah Leberstein, a senior staff lawyer with the National Employment Law Project, testified recently before Connecticut lawmakers.
A report issued last week by the Federal Reserve Bank of Cleveland said that labor’s share of overall income had fallen to record lows in recent years while profits have soared.
Working, but Needing Public Assistance Anyway
By PATRICIA COHEN
APRIL 12, 2015
New York Times
Other large retail chains have been the focus of similar reports in recent months. In October, two studies released to coincide showed that American fast food industry outsourced a combined $7 billion in annual labor costs to taxpayers. McDonald's MCD alone accounted for $1.2 billion of that outlay.
Yum Brands came in at a distant number two, with its Pizza Hut, Taco Bell and KFC subsidiaries costing $648 million in benefits programs for workers each year.
Report: Walmart Workers Cost Taxpayers $6.2 Billion In Public Assistance
Meanwhile, human beings do the work that's unpredictable - odd jobs, on-call projects, fetching and fixing, driving and delivering, tiny tasks needed at any and all hours - and patch together barely enough to live on.
Brace yourself. This is the economy we're now barreling toward.
The euphemism is the "share" economy. A more accurate term would be the "share-the-scraps" economy.
New software technologies are allowing almost any job to be divided up into discrete tasks that can be parceled out to workers when they're needed, with pay determined by demand for that particular job at that particular moment.
Customers and workers are matched online. Workers are rated on quality and reliability.
The big money goes to the corporations that own the software. The scraps go to the on-demand workers.
Robert Reich: Why Work Is Turning Into a Nightmare