Labor Claims Victory as Facebook Hikes Contractor Wages

Facebook will ensure that employees who work for its contractors — including security guards and food-service workers on its Menlo Park, California campus — will receive an hourly wage of at least $15, the company announced earlier this week. Contractors and vendors who do “a substantial amount of work” with Facebook in the United States will also be expected […]

Big Mac Test Shows Job Market Is Not Working to Distribute Wealth

Some 15 years ago, searching for a consistent way to compare wages of equivalent workers across the world, Orley Ashenfelter, an economics professor at Princeton University, came upon McDonald’s.

The uniform, highly scripted production methods used throughout the McDonald’s fast-food empire allowed Professor Ashenfelter to compare workers in far-flung countries doing virtually the same thing. The company also offered a natural […]