Walmart's Cheap Labor Is Costing It a Fortune
Some of Walmart's recent woes prove just how expensive low wages and a poorly trained, bare-bones staff can end up can be.
Some of Walmart's recent woes prove just how expensive low wages and a poorly trained, bare-bones staff can end up can be.
Illinois state Rep. William Davis has proposed levying a 25-cent tax on athletic shoe sales, with all the revenue earmarked to fund Illinois YouthBuild, a nonprofit that provides job training for disadvantaged youth.
To retain and attract top employees, U.S. companies are turning to perks such as subsidized training and flexible work conditions rather than raises. These incentives are finding a welcome among employees, too, especially educational benefits.
'Tis the season to remember the less fortunate, and Jim Gibbons, CEO of Goodwill Industries, hopes his nonprofit will be on the receiving end as you make out your charitable giving list. With unemployment still hovering near 10%, his organization is serving more people than ever with aid, inexpensive goods and job training.
Most policymakers cling to orthodox levers in an effort to boost employment, but another stream of thought is picking up momentum behind the scenes. It seems the jobs are available, but workers with the right skills aren't. Therefore, why not push retraining as a remedy?
Teen joblessness is its highest in some 50 years -- and even seniors, who are delaying retirement, hold more jobs than youths, according to federal data. This means more teens are missing out on learning valuable job skills.
Desperate to help unemployed Americans find new jobs, the government has opened the funding spigot to boost programs at community colleges, career institutes and nonprofits. Billions of dollars in funding mean most courses can be taken for free.











