Apr 15, 2017

NY employers could stop asking about pay history

Mark Lennihan / AP

Hiring managers at private-sector companies in New York City could soon be fined for asking about potential employee's salary history, per WSJ. Some argue it's the latest effort in closing the gender wage gap.

Why it matters: Job seekers' previous salary is an increasingly influential factor in securing their next job. For some, having a higher salary history than a future employer can match could affect a person's chance of being hired. On the flip side, having a lower salary, especially as a woman or minority applicant, could maintain the gender wage gap, since most employers negotiate a new salary based with the job seeker's previous salary in mind.

The bill is heading to Mayor Bill de Blasio's desk early next week after passing a city council vote last week. It could fine hiring managers in the city for asking about or even looking into an applicant's salary history.

By the numbers: Our chart shows how the gender wage gap is slowly closing, but there's still a ways to go.

Data: Data: Bureau of Labor Statistics; Chart: Andrew Witherspoon / Axios

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An unsettling future for millions of American jobs

Illustration: Aïda Amer/Axios

The U.S. economy is besting expectations for job growth, and the unemployment rate is at its lowest in several decades — but the other side of the story is that millions of jobs out there just aren't good enough.

Why it matters: Almost half of all American workers are stuck in low-wage jobs that often don't pay enough to support their lives, lack benefits and sit squarely inside the automation bullseye.

U.S. economy adds 145,000 jobs in final report of 2019

Data: Bureau of Labor Statistics; Chart: Axios Visuals

The U.S. economy added 145,000 jobs in December, the government said on Friday, below economists’ expectations of 160,000. The unemployment rate held at 3.5% — a 50-year low — while wages grew 2.9% from a year earlier, the smallest gain since July 2018.

Why it matters: The U.S. job market held up in the final month of 2019, but heads into the election year with a slowing pace of job creation and wage growth.

Go deeperArrowJan 10, 2020

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Keep ReadingArrowUpdated Feb 14, 2020 - Politics & Policy