Last spring, President Biden turned heads by releasing a fiscal 2025 budget proposal with a 2.0% average pay increase for civilian federal employees in 2025. That figure came in well below Biden’s previous pay raise plans—in 2024, federal workers saw an aver...
35,000 for that warning about hugging her partner in the workplace. I pass this story ono to remind union reps that sometimes single, isolated events can lead to be pay-offs. For details, check out Jaleesa P., v. Louis DeJoy, Postmaster General, USPS, EEOC Appeal No. 2024000023 (2024...
DISMISSED PROBATIONER GETS 8 YEARS BACK PAY & BENEFITS Pass This On To Unit Members: Can a probationary employee appeal his/her termination? You bet s/he can. In fact, there are more than a dozen different arguments a probationer can raise. … Continue reading → Posted in Probation Period...
It's important to understand how the Fed's actions affect the economy and market. However, it's just as important to pay attention to what the Fed issaying. Sometimes the mere hint of a policy change can move markets. That's not to say you should make investment decisions based on such...
Under the new policy, disability compensation will still be counted as income for calculating the amount the veteran must pay for rent, but not for eligibility. Tenants in subsidized housing are required to pay 30% of their income in rent. ...
In my chapter (a draft of which can beobtained here), I review the mechanics of what the Fed has been doing with its balance sheet, and then raise three concerns. One of my concerns is that the Fed’s new balance sheet has compromised the independence of the central bank: ...
But the U.S. services market, more labor dependent than other parts of the economy and still experiencing worker shortages and rising pay, isn’t there yet. For the Fed that presents a tough judgment over whether to move interest rates higher and try to break inflation faster, or stop at...
currency are the following: a stable government which is not subject to being toppled by coups; a large working population which allows federal tax payments to be automatically collected from paychecks in order to pay the nation’s debts on time; and, until 2008, a well-...
on what it calls unjustified price hikes by many large companies. Bidenrecently attacked “shrinkflation,”whereby a company shrinks the contents of a product rather than raise its price. The president has alsosought to limit “junk fees,”which in effect raise ...
Most importantly, in October 2008 the Congress gave the Federal Reserve statutory authority to pay interest on banks’ holdings of reserve balances. By increasing the interest rate on reserves, the Federal Reserve will be able to put significant upward pressure on all short-term interest rates…....