Supermarkets splashed pandemic profits on shareholders, not workers: Report

Oxfam says retailers prioritized dividends and buybacks over better terms for workers and farmers. Major European and American supermarkets lavished their coronavirus-related profits on their shareholders instead of helping their front-line workers and providing better terms to farmers, according to a report on Tuesday from the anti-poverty campaign group Oxfam.   Increased supermarket earnings proved oneContinue reading “Supermarkets splashed pandemic profits on shareholders, not workers: Report”

Unemployment Benefits Are Not Creating A Worker Shortage

While some employers may be struggling to hire for one reason or another, economists say generous unemployment benefits are not the cause. As the U.S. economy bounces back from the COVID-induced downturn, some employers say they’re having a hard time finding workers. GOP lawmakers like Rep. David Rouzer (N.C.) blame the safety net. “This isContinue reading “Unemployment Benefits Are Not Creating A Worker Shortage”

Kroger, Which Profited $2.6 Billion From Pandemic, Closes Two Stores To Avoid Hazard Pay To Workers

Long Beach, California passed an ordinance last month that mandated $4 extra an hour in hazard pay for businesses with more than 15 workers in the city and more than 300 nationally. Kroger, the second largest grocery chain in the country after Walmart, decided that it would rather not open at all than give its employeesContinue reading “Kroger, Which Profited $2.6 Billion From Pandemic, Closes Two Stores To Avoid Hazard Pay To Workers”

Create your website with WordPress.com
Get started