News of the Month — May 2021

NewsMay 27, 2021

Note: Some of these stories may require a subscription. 

Tenet Healthcare and Providence are cited in this article that raises concerns about how the pandemic barely dented the financial outlook for some major hospital chains, which continued to acquire weaker hospitals and ailing doctors’ practices. Critics worry consolidation leads to higher prices for medical care.

A new UC Berkeley Institute of Governmental Studies poll has found that a majority of Californians are OK with some businesses requiring COVID-19 vaccine verification and are similarly supportive of certain job categories requiring shots for employees.

The inflation spike that we’re now seeing as a result of the economy reopening is a good sign for the economic rebound, but it is also the latest example of why the pandemic has been harder for those at the bottom of the income ladder. 

Half of the 100 largest U.S. employers of low-wage workers adjusted their CEO pay packages last year, sweetening rewards for chief executives during the pandemic while cutting pay for average workers.

Public feeling toward labor is more positive, and public feeling toward big business more negative, than at any time in five decades, according to polling information from American National Election Studies. Over half of Americans say they would vote for a union at work, while only 11 percent of U.S. employees currently belong to one – largely because labor laws remain stacked in favor of big business.