WASHINGTON (AP) — Pay for globe-trotting CEOs has soared to new heights, even as most workers remain grounded by paychecks that are barely budging. While…
Tag: Labor economy
Luis Mendez, 23, a student at Miami Dade College, left, and Maurice Mike, 23, a student at Florida International University, right, wait in line at an internship job fair held by the Miami Marlins, Wednesday, Oct. 23, 2013, at Marlins Park in Miami. The internships are paid, offer a wide range of job opportunities and begin in January 2014, lasting one year. (AP Photo/Lynne Sladky) by Steve Hargreaves (CNN)—A job used to be the next step after a diploma. But now, young people aren’t in any rush to start working.
A National Park Service employee posts a sign reading “Because of the Federal Government SHUTDOWN All National Parks are Closed” on a barricade closing access to the Lincoln Memorial in Washington, Tuesday, Oct. 1, 2013. (AP Photo/Carolyn Kaster) by David Espo and Donna CassataAssociated Press Writers WASHINGTON (AP) — First slowed, then stalled by political gridlock, the vast machinery of government clanged into partial shutdown mode on Tuesday and President Barack Obama warned the longer it goes “the more families will be hurt.” Republicans said it was his fault, not theirs. Ominously, there were suggestions from leaders in both parties that the shutdown, heading for its second day, could last for weeks and grow to encompass a possible default by the Treasury if Congress fails to raise the nation’s debt ceiling. “This is now all together,” said Sen. Dick Durbin, D-Ill..