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Fri Jul 3

• Works of Peter Kropotkin
• Op-Ed Columnist - That ?30s Show - NYTimes.com: Since the recession began, the U.S. economy has lost 6 ½ million jobs ? and as that grim employment report confirmed, it?s continuing to lose jobs at a rapid pace. Once you take into account the 100,000-plus new jobs that we need each month just to keep up with a growing population, we?re about 8 ½ million jobs in the hole. And the deeper the hole gets, the harder it will be to dig ourselves out. The job figures weren?t the only bad news in Thursday?s report, which also showed wages stalling and possibly on the verge of outright decline. That?s a recipe for a descent into Japanese-style deflation, which is very difficult to reverse. Lost decade, anyone?
• http://soccerl ens.com/the-go ld-rush-in-foo tball-is-80m-t oo-much-200m-w hen-and-how-wi ll-this-end/31 324/

Thu Jul 2

• Adictos al Trabajo. Formación y desarrollo | JAVA, JEE, UML, XML |. Tutoriales sobre nuevas tecnologías.
• Jobs Data Bode Ill for the Future - Real Time Economics - WSJ: Weighing on the recovery is the American consumer?s newfound thrift. Consumer spending has helped buoy past recoveries, but a lack of credit, falling home prices and a weak job market appears to have finally knocked consumers to the mat. Making matters worse will likely be falling take-home pay. Wages were flat in June and with so many people out of work, employers won?t have much pressure to drive them up soon.
• Stagnant Pay Saps Consumers' Ability to Spur Recovery - WSJ.com: The bad news for the economy isn't just that employers shed 467,000 jobs last month, more than in May. It is that people worked less and their pay stagnated, threatening the strength of a potential recovery in the second half of the year.
• U.S. Economy: Job Cuts in June Deeper Than Forecast (Update1) - Bloomberg.com: The growing ranks of the jobless are allowing companies to restrain wage growth and reduce the work week, eroding the consumer spending that makes up about 70 percent of the economy, today?s report suggested. Bargaining Power ?Workers? bargaining power for wages is evaporating,? said Ryan Sweet, an economist at Moody?s Economy.com in West Chester, Pennsylvania. ?Outright declines in wages could unravel the recent stabilization we?ve seen in consumer spending and home sales.? The average work week fell to 33 hours, the lowest level since records began in 1964, from 33.1 hours in May, today?s report showed. Average weekly hours worked by production workers rose to 39.5 hours from 39.4 hours, while overtime held at 2.8 hours. That brought the average weekly earnings down to $611.49 from $613.34.
• State and Federal Minimum Wage Rates from LaborLawCenter .com
• Ausländer trifft die Krise zuerst

Wed Jul 1

• Wage Deflation in Our Midst | The Big Picture: For those who still believe that we somehow managed to avoid an economic depression this cycle because of a 13% fiscal deficit/GDP and a pregnant Fed balance sheet, the Center for Labour Market Studies at Northeastern University estimates that the real unemployment now stands at 18.2%, which is actually higher than the posted rate at the end of the 1930s.
• BBC's Mark Thompson overpaid, says shadow culture secretary Jeremy Hunt | Media | guardian.co.uk: Hunt told radio executives in Nottingham that a future Conservative government would be "wholehea rtedly behind the digital switchover of the radio industry" , while questioning whether the 2015 date set by Lord Carter's Digital Britain report last month was achievable. "I think 2015 is unrealistic unless we do more between now and 2015 than is currently planned. I would find it difficult to recommend to prime minister Cameron as things stand now that there should be switchoff in 2015," Hunt said. But he added that Digital Britain did not address the inadequacies of digital audio broadcasting - DAB - coverage, or who was going to pay to improve it. And he said while progress was being made to develop in-car digital radio, not enough was being done.
• Miscellaneous MI 15 - Monetary Determinations: 4. Wages Earned but not Paid
• Iowa State economists assess recession's impact on wages, immigrant workers
• New York Living Wage: Tell Us How Much You Make In Retail: Huffington Post crowdsources information on low wages...

Tue Jun 30

• Do Your Part To Stop Malpractice In San Antonio: We often hear in the news and media about people who have suffered from some form of malpractice. Whether it is medical, legal, of another form of malpractice, the problem usually goes unchecked until someone steps up and confronts the issue. If you ar...

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