Employment
Free Speech v. Free Riding, Janus v. AFSCME before the Supreme Court
Jo Freeman writes: A thousand people rallied outside the Supreme Court the morning of January 26 while the Justices heard oral argument on Janus v. AFSCME Council 31 inside. The decision in this case will have profound effects on public service unions. Currently 22 states require employees who do not choose to join a union representing their workforce to still pay agency fees to that union. These are supposed to cover the costs of representation since unions must represent all workers in a bargaining unit and not just their members. Agency fees are less than full union dues, but they aren't negligible. more »
Chairman Jerome H. Powell Delivers the Semiannual Monetary Policy Report to the Congress
"Strong job gains in recent years have led to widespread reductions in unemployment across the income spectrum and for all major demographic groups. For example, the unemployment rate for adults without a high school education has fallen from about 15 percent in 2009 to 5-1/2 percent in January of this year, while the jobless rate for those with a college degree has moved down from 5 percent to 2 percent over the same period. In addition, unemployment rates for African Americans and Hispanics are now at or below rates seen before the recession, although they are still significantly above the rate for whites. Wages have continued to grow moderately, with a modest acceleration in some measures, although the extent of the pickup likely has been damped in part by the weak pace of productivity growth in recent years. more »
Scam Alert: IRS Urges Taxpayers to Watch Out for Erroneous Refunds; Beware of Fake Calls to Return Money to a Collection Agency
The Internal Revenue Service warned taxpayers of a quickly growing scam involving erroneous tax refunds being deposited into their bank accounts. The IRS also offered a step-by-step explanation for how to return the funds and avoid being scammed. Following up on a Security Summit alert issued Feb. 2, the IRS issued this additional warning about the new scheme after discovering more tax practitioners’ computer files have been breached. In addition, the number of potential taxpayer victims jumped from a few hundred to several thousand in just days. more »
The Touch of a Ladybug: Creating a New Class of Flexible, Stretchable Electronically-sensitive Synthetic Materials
Restoring some semblance of the sensation of touch has been a driving force behind Stanford chemical engineer Zhenan Bao's decades-long quest to create stretchable, electronically-sensitive synthetic materials. Such a breakthrough could one day serve as skin-like coverings for prosthetics. But in the near term, this same technology could become the foundation for the evolution of new genre of flexible electronics that are in stark contrast with rigid smartphones that many of us carry, gingerly, in our back pockets. more »