On Friday the New York Times published a fascinating story following up on Dan Price, founder of Gravity Payments. Price made headlines months ago when he announced that the new starting salary at his firm would be $70,000 per year, and he was cutting his own salary to help pay for the change. Predictably, the results have been mixed.
Seattle’s $15 minimum wage law is supposed to lift workers out of poverty and move them off public assistance. But there may be a hitch in the plan.
Evidence is surfacing that some workers are asking their bosses for fewer hours as their wages rise – in a bid to keep overall income down so they don’t lose public subsidies for things like food, child care and rent.
Seattle Raises Minimum Wage To $15, Workers Demand FEWER HOURS To Keep WELFARE BENEFITS! LOL! bit.ly/1HZISht—
el Sooper ن (@SooperMexican) July 25, 2015
I hope something like this is happening next week…
A carefully planned, 115-day scientific expedition on board the floating research vessel, the CCGS Amundsen, has been derailed as the icebreaker was called to help resupply ships navigate heavy ice in Hudson Bay. “Obviously it has a large impact on us,” says Martin Fortier, executive director of ArcticNet, which coordinates research on the vessel. “It’s a frustrating situation.” During the summer, the Amundsen operates as a floating research centre with experiments running 24 hours a day. This year it was scheduled to reach North Baffin Bay. But the icebreaker has been rerouted to escort commercial ships en route to resupply communities in Northern Quebec on the eastern side of Hudson Bay. Johnny Leclair, assistant commissioner for the Coast Guard, said Tuesday conditions in the area are the worst he’s seen in 20 years.
Farmers and manufacturers who produce milk, pasta, oil, rice, sugar and flour have been told to supply between 30 per cent and 100 per cent of their products to the state stores. Shortages, rationing and queues outside supermarkets have become a way of life for Venezuelans, as their isolated country battles against rigid currency controls and a shortage of US dollars – making it difficult for Venezuelans to find imported goods.