private sector

Sri Lanka’s socialist government announced plans on Monday to create a private agriculture sector to help alleviate famine amid a national financial crisis that has caused food shortages since March, Sri Lanka’s News First website reported.

Kamala Harris on Monday announced that American corporations and international organizations will invest $1.2 billion in Central America.

Jen Psaki was asked by a New York Times reporter about the shipping delays for products like dishwashers, furniture, and treadmills and why Biden waited to address to known issues.

Texas Gov. Abbott’s effort to raise money from the private sector to secure the border between the state and Mexico surged to $54M in August.

Democrats in Connecticut are hoping private sector insurance companies will help them expand health care in the state by having the businesses subsidize coverage not only for low-income residents but for migrants who are living in the state illegally.

President Trump and Ivanka Trump hosted a gathering Thursday to celebrate the one-year anniversary of the Pledge to American Workers.

The United States Agency for International Development (USAID) announced a new education policy Thursday that recognizes the important role of non-governmental groups, including faith-based and private organizations, to provide education to children affected by crisis and conflict.

California unions are demanding that 100,000 marijuana production, packaging and distribution workers organize in anticipation of the legalization of recreational weed on January 1.

A private company is turning a profit by surveilling people online and then selling valuable information to law enforcement and government agencies.

Cut tax rates, create cash flow, “You’ve got to allow people to make money,” Rep. Roger Williams (R-TX) told Breitbart News this week in an exclusive interview on tax reform.

An explosion Thursday in Cape Canaveral during a routine static test-fire of the nine Merlin 1D engines that power the first stage of SpaceX’s Falcon 9 rocket is the company’s second catastrophic failure in the last two years, and puts at risk the expected private sector takeover of space flight.

On Friday, the Labor Department reported that the economy gained just 38k jobs in May, far below economists’ expectations. Worse, the Feds revised estimates of job gains in the previous two months down, wiping 59k jobs off the labor rolls.

The U.S. Department of Labor’s final rule change that expands overtime for salaried employees earning $23,660 to $47,476 will cleverly hammer the private sector and generally exempt the unionized public sector.

According to a study of data from the Bureau of Economic Analysis, conducted by the Cato Institute, compensation for federal workers is 78% higher on average than compensation for private sector employees.

“Federal civilian workers had an average wage of $84,153 in 2014, compared to an average in the private sector of $56,350,” according to the Cato review. “The federal advantage in overall compensation (wages plus benefits) is even greater. Federal compensation averaged $119,934 in 2014, which was 78 percent higher than the private-sector average of $67,246.”

In the past, the Manhattan Institute has effectively highlighted how rising California public pension costs are cutting into “basic infrastructure maintenance, public safety, education, and quality-of-life services such as parks and libraries.” But in the newest report, “Pension Costs are Crowding Out Salaries,” by Senior Fellow Stephen D. Eide, the Manhattan Institute reveals how California public employees themselves are suffering. In a decade where pension costs rose by 135 percent and healthcare premiums by 85 percent, public sector wages grew 4.6 percent slower than private sector workers’ salaries.