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March 05, 2015

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Today in Labor History
Mar. 5, 1770:British soldiers, quartered in the homes of colonists, took the jobs of working people when jobs were scarce. On this date, grievances of rope makers against the soldiers led to a fight. Soldiers shot down Crispus Attucks, a black colonist, then others, in what became known as the Boston Massacre. Attucks is considered the first casualty in the American Revolution.?
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Teamsters Praise SEC for Proposed Rule on CEO Pay
Posted On: Sep 19, 2013
Sept. 19, 2013 | ECONOMIC INEQUALITY | The Union today applauded the Securities and Exchange Commission (SEC) announcement of a new proposed rule requiring corporations to disclose the ratio between chief executive and worker pay…."CEO pay keeps going up and worker pay keeps going down," said Teamsters General President Jim Hoffa. "This is a dirty secret that corporate CEOs don't want exposed, and the SEC did the right thing by proposing this rule." Full IBT statement here. Related: Ratio of CEO pay to average worker pay rose from 195-to-1 in 1993 to 354-to-1. Full story here.
 
 
Teamsters Local 355
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