November 24, 2021 - Smlr_net

24 Nov 2021


      *SMLR-Net: Selected news on labor and employment relations & human resource
management*
*November 24, 2021*
*Title:*                    Powell’s Historic Bet: Shrugging Off Inflation
to Deliver on Jobs
*Source:*               Politico
*Author:*               Victoria Guida
*Date:*                   November 24, 2021
*Summary:*          Price spikes are reaching 30-year highs, and if they
don’t ease, the Fed might start to pull back its support for the labor
market before the economy reaches a point where anyone who wants a job can
get one. Powell, newly nominated by President Joe Biden for a second term,
would disappoint many progressives and Fed watchers if he chooses to curb
the central bank's efforts to boost the economy. But pressure will also
grow more intense for the Fed to raise interest rates if price increases
continue.
*Link:*                    https://politi.co/30V9eqR
*Title:*                    Expanding Overtime Protection for Teachers
Under the Fair Labor Standards Act
*Source:*               Economic Policy Institute
*Author:*               John Schmitt, Heidi Shierholz, and Jori Kandra
*Date:*                   November 22, 2021
*Summary:          *This report estimates the number and share of teachers
who would be affected if this specific exemption for teachers were removed
and teachers were treated in the same way as most other workers covered by
the FLSA.
*Link:*                    https://bit.ly/3xhep09
*Title:*                   Wall Street Grudgingly Allows Remote Work as
Bankers Dig In
*Source:*               The New York Times
*Author:               *Lananh Nguyen
*Date:*                   November 24, 2021
*Summary:*          Finance employees who couldn’t imagine working from
home before the pandemic are now reluctant to return to the office. Their
bosses can’t figure out how to bring them back.
*Link:*                    https://nyti.ms/30TKIWT
*Title:*                    NJ Pension Fund Sours to New High
*Source:*               NJ Spotlight News
*Author:*               John Reitmeyer
*Date:*                   November 24, 2021
*Summary:*          Thanks to booming investment returns and increased
state contributions, the value of New Jersey’s pension fund has soared to
its highest total in at least two decades.
*Link:*                    https://bit.ly/3HQ3mQf
*James B. Carey Library*
School of Management and Labor Relations
Rutgers, The State University of New Jersey
Website: https://smlr.rutgers.edu/library
Email: smlrlibrary@work.rutgers.edu
To unsubscribe from this listserv, visit:
https://email.rutgers.edu/mailman/listinfo/smlr_net.