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Today in Labor History

Dec. 11, 2012
Michigan becomes the 24th state to adopt right-to-work legislation. The Republican-dominated state Senate introduced two measures—one covering private workers, the other covering public workers—by surprise five days earlier and immediately voted their passage; the Republican House approved them five days later(the fastest it legally could) and the Republican governor immediately signed both bills.

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Updated: Dec. 11 (20:05)

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Sept. 19, 2013 | ECONOMIC INEQUALITY | The Union today applauded the Securities and Exchange Commission (SEC) announcement of a new proposed rule requiring corporations to disclose the ratio between chief executive and worker pay…."CEO pay keeps going up and worker pay keeps going down," said Teamsters General President Jim Hoffa. "This is a dirty secret that corporate CEOs don't want exposed, and the SEC did the right thing by proposing this rule." Full IBT statement here. Related: Ratio of CEO pay to average worker pay rose from 195-to-1 in 1993 to 354-to-1. Full story here.
 
 
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