Tag

Labor Economics

All articles tagged with #labor economics

sports9 hours ago

Packers Must Invest More in Coaching to Truly Develop Talent

The piece argues that Green Bay’s plan to extend Matt LaFleur may be hampered by the organization’s reluctance to spend enough on coaching, contrasting their roster spending with the need to hire and reward high-quality coordinators. Citing ESPN’s Adam Schefter, it says Packers’ coaching budgets are a bottleneck in a league with no cap on coaches, and it notes the team’s reliance on internal promotions rather than external, higher-paid experts. The author contends that a true draft-and-develop approach requires top-tier coaching to maximize player development, otherwise the franchise risks stagnation even as it contends with higher external costs.

business-economy1 year ago

"California's Minimum Wage Hike: Impact on Fast Food Businesses and Workers"

Small business owners in Los Angeles, like Justin Foronda of Hifi Kitchen, are feeling the strain of California's new $20 minimum wage for fast-food workers, as it exerts upward pressure on all wages and creates additional stress for businesses already struggling with elevated urban rents and increased supply-chain costs. While the wage hike aims to rectify income inequality and put more money in the hands of workers, small businesses are facing a more expensive reality, with some reducing hours and raising prices to stay afloat. The impact of the wage hike on entry-level jobs may not be extreme, but it poses a significant challenge for small, non-chain businesses, especially in high-rent urban areas, and may require policy changes to level the playing field and support their viability in the future.