US Salaries Down 23% Since 2008

U.S. jobs pay an average 23% less today than they did before the 2008 recession, according to a new report released on Monday by the United States Conference of Mayors. In total, the report found $93 billion in lost wages. Jobs lost during the recession paid an average $61,637. As of 2014, jobs in the…

Downing Street says Boris Johnson’s living wage may be ‘illegal’ with European laws

Boris Johnson has clashed with Downing Street after government lawyers warned his initiative to pay workers a “living wage” could break European laws. By Tim Ross, Political Correspondent 5:34PM GMT 05 Nov 2012 Ministers commissioned two separate legal opinions on the London Mayor’s scheme in the last two years and both found “risks” that it…