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Managers have taken a big earnings hit over the past three years

1 year 10 months ago
I was fiddling around with some numbers this afternoon and came up with something interesting. As you know, the BLS reports earnings for all employees and for non-managerial employees, who make up about 80% of the workforce. This makes it easy to also calculate earnings for the managerial workforce. Right now, for example, wages for ...continue reading "Managers have taken a big earnings hit over the past three years"
Kevin Drum

$7.5 Million Wedge Agreement Gets Final Approval From Alton City Council

1 year 10 months ago
ALTON - The Alton City Council officially gave their final approval Wednesday night for a $7.5 million agreement with developer WIC Landlord LLC for the Wedge Redevelopment Project, set to transform the former Wedge Bank building into a workforce training center, digital hub, startup business space, and more known as the “Wedge Innovation Center.” The agreement passed 6-0 with Alderwoman Stephanie Elliott abstaining. While there was no further discussion from any of the council members or members of the public at Wednesday’s meeting, John Simmons with AltonWorks thanked city officials for their support of the project at the Committee of the Whole meeting on Monday. “Thank you to the city for believing in us with the TIF request that moved out of this committee tonight,” Simmons said. “It’s going to go a long way to revitalize Alton and help dreams become a reality and bring things to fruition faster than they already would, so

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Duckworth Applauds Senate Passage Of Bipartisan NDAA That Gives Troops A Raise, Supports Servicemembers, Bolsters Readiness And More

1 year 10 months ago
WASHINGTON, D.C. — Combat Veteran and U.S. Senator Tammy Duckworth (D-IL), who served in the Reserve Forces for 23 years and is a member of the U.S. Senate Armed Services Committee (SASC), secured several important provisions in the Fiscal Year (FY) 2024 National Defense Authorization Act (NDAA) that passed Congress today to support our servicemembers, enhance strategic partnerships in the Indo-Pacific, improve logistics to bolster readiness and energy resiliency as well as continue to restore American competitiveness. The legislation, which now heads to the House of Representatives, also includes a 5.2% pay raise for our troops. “The brave men and women in uniform who serve our nation at home and abroad deserve to know that our country fully supports them as they and their families sacrifice to defend our country and our Constitution,” said Duckworth. “While I do not support every provision in this bipartisan compromise, I’m proud the bill we passed

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Man who sparked standoff in Shrewsbury sentenced

1 year 10 months ago
ST. LOUIS - A St. Louis man appeared in federal court on Wednesday to be sentenced after being repeatedly caught with a firearm. Prosecutors with the U.S. Attorney’s Office for the Eastern District of Missouri said Stephen Joseph Diani, 49, pleaded guilty in June to two counts of being a felon in possession of a firearm. [...]
Kevin S. Held

Attorney General Raoul Obtains Temporary Restraining Order Against NCAA In Bipartisan Antitrust Lawsuit

1 year 10 months ago
CHICAGO - Attorney General Kwame Raoul today announced a federal judge granted a temporary restraining order in his federal antitrust lawsuit challenging the National Collegiate Athletic Association’s (NCAA) transfer eligibility rule, allowing college athletes who have been prevented from competing to immediately be eligible. The decision – issued by a federal judge in the Northern District of West Virginia – prevents the NCAA from enforcing the transfer rule for the next 14 days. “Today’s ruling is a step in the right direction toward permanently ending the flawed transfer rule that restricts college athletes in their ability to compete,” Raoul said. “I filed this lawsuit to bring fairness to collegiate sports and ensure the needs of athletes and their families are prioritized and respected.” The next court date in the case is scheduled for Dec. 27 when a federal judge will consider the states’ motion for a preliminary injunction

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Gov. Pritzker Celebrates Holiday Season With School Gift Giveaway And Animal Shelter Visit

1 year 10 months ago
CHICAGO — Today, Governor JB Pritzker visited the Howe School of Excellence to participate in the Daisie Foundation’s annual “Holiday Magic Experience.” Following the event, the Governor visited the Anti-Cruelty Society’s (ACS) Dog Adoption Center and Clinic to celebrate 125 years of animal advocacy and adoption. “As Governor, there’s nothing more exciting than celebrating the holiday season with Illinoisans, including the youngest and the furriest members of our state,” said Governor JB Pritzker. “Thank you to non-profits like the Daisie Foundation and the Anti-Cruelty Society for your tireless work to bring joy to families all over Illinois.” “Today, I was proud to join Governor Pritzker at the Howe School of Excellence, to share some holiday magic with students, teachers and staff,” said Lt. Governor Juliana Stratton. “This is a great time of year to take care of our communities and our students. I thank

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