U.S. Treasury rates double overnight on 1 month bill: Notes on Treasury rates from Oct.8, 2013
Really short (1 month) term T-bill rates double overnight. Rates increase 14 basis points to 0.27% for a 1 month t-bill. The increase in yield reflects lower demand (Bond prices […]
Read MoreEmployee tip pooling in NJ
Baremboim v. Starbucks Corporation, 2013 NY Slip Op 04754 (June 26, 2013) Discusses when pooling of tips by service employees is appropriate.
Shorter term U.S. Tres. rates up from last week
Shorter term(<3 years) U.S. treasury securities up a few basis points from last week. Longer term securities down a few basis points from last week. Longer term U.S. […]
SHRM discusses two interesting Calif. wage and hour cases
SHRM: Leyva v. Medline Industries Inc., 9th Cir., No. 11-56849 (May 28, 2013), Individualized damages http://www.shrm.org/LegalIssues/FederalResources/Pages/Individualized-Damages-No-Obstacle-Class-Action.aspxno obstacle to wage and hour class action Urbino v. Orkin Servs. of Calif. […]
Manufacturing returns to U.S. – shortage of workers
Some employers in some industries such as textiles are finding increasing wages in China, shipping, and other costs are making it cost efficient to manufacture again in the U.S. Many […]
Job openings and employment up in Sept.
The Conference Board reported that online job demand was up 209k while ADP reported that private sector employment increased 166k in Sept. 2013. Both are sizable increases that point to […]
Bureau Labor Statistics Data Pt. 2
In October, the average weekly earnings of U.S. workers increased by about $2 to $795.42. Compared to last year’s average, wages were higher by $9 per week. Source: http://research.stlouisfed.org/fred2/series/CES0500000011
Bureau Labor Statistics Data
In October, the number of employed individuals in the U.S. increased by 80,000 individuals from last month. Compared to last year’s average, employment was higher by 768,750 individuals. Source: http://research.stlouisfed.org/fred2/series/PAYEMS
