Labor Union Blog

Economic Report:

The economy may be slowing, but CEO pay keeps accelerating. An Associated Press analysis found that the average pay package for CEOs in 2007 was $8.4 million, up by $280,000 since 2006. The ten top CEOS in the country made more than half a billion dollars collectively, even though half of those CEOs were in charge of corporations with shrinking profits.

Economic Report:

The economy may be slowing, but CEO pay keeps accelerating. An Associated Press analysis found that the average pay package for CEOs in 2007 was $8.4 million, up by $280,000 since 2006. The ten top CEOS in the country made more than half a billion dollars collectively even though half of those CEOs were in charge of corporations with shrinking profits.

Mall cleaners in five states will see a boost to their wages, thanks to a new contract agreement between SEIU Local 32BJ and Control Building Services. The company handles nearly 400 cleaners at malls in New York, New Jersey, Pennsylvania, Maryland, and Virginia. All together, the agreement covers seventeen malls owned by Simon Property Group. That’s the largest publicly traded Real Estate Investment Trust in North America. Many of the workers could see raises as high as 54 percent, and on October 1 of this year they will begin receiving employer-funded family health care.

Mall cleaners in five states will see a boost to their wages thanks to a new contract agreement between SEIU Local 32BJ and Control Building Services. The company handles nearly 400 cleaners at malls in New York, New Jersey, Pennsylvania, Maryland, and Virginia. Many of the workers could see raises as high as 54 percent and on October 1 of this year they will begin receiving employer funded family health care. All together the agreement covers seventeen malls owned by Simon Property Group, the largest publicly traded Real Estate Investment Trust in North America.

A blockade at the headquarters for General Motors in Canada was lifted this morning after an injunction was filed against the Canadian Auto Workers. The blockade went up on June 4 when GM announced plans to close four plants, including one in Oshawa, Ontario. The company filed the injunction request on Thursday, arguing that 900 workers at the headquarters could not report for work and it was impacting daily operations.

A blockade at the headquarters for General Motors in Canada was lifted this morning after an injunction was filed against the Canadian Auto Workers. The blockade went up on June 4 when GM announced plans to close four plants including one in Oshawa, Ontario. The company filed the injunction request on Thursday, arguing that 900 workers at the headquarters could not report for work and it was impacting daily operations.

On this Father’s Day, we’d like to wish all fathers a Happy Father’s Day. An official holiday to honor fathers was initially proposed in 1909 by the daughter of a widowed father. William Smart, a Civil War veteran, raised six children after his wife died in childbirth.

Today, when we think of single parents, we almost always think of single mothers. But families headed by single fathers are one of the fastest-growing groups in our country. While on average, single-father families are better off financially than single-mother families, many of them are stretching to make ends meet, according to the Center for Economic and Policy Research (CEPR), which last week released these Fast Facts for Father’s Day