Published by Nikki Palmer on Tue, 07/04/2023 - 5:00am
The Fair Labor Standards Act (FLSA) is a statute of inclusion, which means all employees are covered unless they fit within specific, narrowly defined exemptions. One problem is that it was designed for the Model T manufacturing plant and has grown in sometimes haphazard and inconsistent ways.
Published by Nikki Palmer on Tue, 07/04/2023 - 12:00am
In a Cambodian children’s folktale, one man is afraid of lawyers and another is afraid of filth. As the story goes, both are constantly bombarded by their fears despite their efforts to avoid them.
The moral of the tale is revealing and contains a powerful anti-racism message: What you hate becomes your fate.
Published by Nikki Palmer on Tue, 06/27/2023 - 5:00am
Economists have been predicting a recession for months, but the labor market has remained resilient, wage growth is higher than before the pandemic, and inflation continues to drop, now at 4% compared to 9.1% in June of last year. Despite this good news, consumers don’t feel confident about the future, according to the consumer confidence index, which is at a six-month low.
Published by Nikki Palmer on Tue, 06/27/2023 - 3:00am
The position of the US dollar in the global league table of foreign exchange reserves held by other countries is closely watched. Every slight fall in its share is interpreted as confirmation of its imminent demise as the preferred global currency for financial transactions.
Published by Nikki Palmer on Tue, 06/27/2023 - 2:00am
The University of Nebraska Board of Regents today unanimously approved the appointment of Rodney D. Bennett, Ed.D., as the 21st chancellor of the University of Nebraska-Lincoln.
Published by Nikki Palmer on Tue, 06/20/2023 - 5:00am
OMAHA — While Nebraska overall saw a slight population bump, 51 of the state’s counties lost residents between mid-2021 and mid-2022, according to a new census analysis by the University of Nebraska at Omaha’s Center for Public Affairs Research.
Among the fastest-growing were suburban areas around the state’s core metropolitan counties.
Published by Nikki Palmer on Tue, 06/20/2023 - 4:00am
OMAHA — Nebraska maintained its No. 8 national ranking for child well-being in the latest 2023 Kids Count data book, which offers trends and a report card on how youths are faring state to state.
The data, released Wednesday and developed for the Annie E. Casey Foundation, considers 16 indicators in four broader areas: economy; education; health; and family and community.
Published by Nikki Palmer on Tue, 06/20/2023 - 3:00am
The Federal Reserve’s decision to hold rates steady signals that central bankers believe it is time to hit pause, at least temporarily, on their aggressive campaign to tame runaway inflation.
The latest data, not to mention several other factors, however, suggests it’s time for a full stop.
Published by jason@omahadail... on Tue, 06/13/2023 - 5:00am
LINCOLN — Nebraska’s new top economic developer, K.C. Belitz, said Monday that he’ll be focusing on how to attract people — as much as businesses — to his home state, which has tens of thousands of open jobs.
Belitz, a former longtime head of the Columbus Area Chamber of Commerce, said economic developers today must deal with issues dramatically different from a decade or so ago.
Published by jason@omahadail... on Tue, 06/13/2023 - 3:00am
Brad Anderson still remembers the night his wife forgot hail.
He was sitting on the front porch of their Lincoln home as a storm rolled in. It was around 9 p.m. LuAnne had gone to bed earlier. Brad wanted to watch the rain.