Statement from Cherri Senders, publisher of Labor 411, on civil unrest following death of George Floyd It is painful to be an American today. Our hearts are broken by the senseless & needless death of George Floyd and the subsequent civil unrest of the past few days. As we watch the video of George Floyd pleading…

More companies are moving to shield CEO pay from the pandemic downturn despite laying off and furloughing employees. Reuters reports: “Sonic Automotive Inc (SAH.N), which operates 95 U.S. car dealerships, started laying off and furloughing about a third of its workforce as the coronavirus pandemic crushed its sales. Then it changed its executives’ pay packages…

Republicans are growing uneasy about the weekly $600 extra in unemployment that millions of Americans are receiving, though the GOP seems to be totally fine with all the stimulus funds that businesses are receiving. One alternative to the $600 is a “back to work” bonus that Republicans are starting to promote. Forbes reports: “White House…

Using language reminiscent of what one might read in a George Orwell novel, a White House adviser sparked outrage with categorization of America’s workers. CBS news reports: “Kevin Hassett, a top economic adviser to President Donald Trump, sparked indignation after saying that the nation’s ‘human capital stock’ is ready to return to work, with critics…

Scotland voted in a measure that only a handful of countries have passed. The Independent reports: “Scotland has become the latest country to block companies based in tax havens from accessing coronavirus bailout funds, in a move that will increase pressure on Boris Johnson’s government to introduce similar measures. MSPs approved new rules on Wednesday…

Business left out of the COVID-19 paycheck protection program loans received good news from a Lakers legend. CNBC reports: “With the future of small businesses in urban communities at risk, former National Basketball Association great Magic Johnson has stepped in to offer assistance. The CEO of Magic Johnson Enterprises collaborated with MBE Capital Partners to…

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