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Just over 1 million people filed new jobless claims last week, according to the U.S. Department of Labor’s latest report released Thursday. Another 14.5 million people filed continuing claims, leaving unemployment in the U.S. still startlingly high.Amid high unemployment across the country, a new report is showing executive compensation is growing as CEOs continue to cut millions of jobs.“We find that a CEO now earns about 320 times that of a typical worker in their main industry,” said Lawrence Mishel, a labor economist and distinguished fellow at the Economic Policy Institute, an independent think tank in Washington D.C.Mishel just authored a report analyzing CEO compensation. That report shows how in March and April when some CEOs were reported to have cut their salaries during the economic downturn, it wasn’t as big of a sacrifice as it seemed.“Salaries make up about 5 percent of CEO compensation packages,” explained Mishel. “And it seems like when CEOs say they are making a sacrifice, it’s really, I think, is better for press releases than in that they are actually going to take a cut in their standard of living.”The report shows how CEO compensation growth is affecting workers everywhere.“If you look at CEO compensation since, back over the last four decades since 1978, CEO compensation grew 1,167 percent,” said Mishel. “The compensation of a typical worker grew 13 to 14 percent over that period.”The report shows CEO compensation increased by 14 percent just last year and is set to continue to go up this year, even in a recession with companies having to let go of millions of workers.“The wages of the vast majority, the bottom 90 percent, has grown only half as fast as it otherwise would have had the top 1 percent not really expanded like it did,” Mishel explained.Essentially the “profit pie” has not grown proportionate to CEO compensation growth. So, as CEOs are getting significantly higher compensation, it is taking from the pay other workers.“I think this is a problem of corporate governance and our tax policies, and it needs to be addressed,” said Mishel.Proposed solutions include capping CEO compensation and taxing anything above the cap. EPI also suggests allowing shareholders and company workers to directly have a say in their CEOs' pay. However, both solutions are as controversial as the problem. 2359

JACKSONVILLE, Florida — Water releases to Lake Okeechobee will be adjusted beginning today, Aug. 24. The U.S. Army Corps of Engineers says releases will achieve a 14-day average of 2,000 cubic feet per second from Moore Haven Lock and Dam and 1,500 cubic feet per second from St. Lucie Lock and Dam. "With continued paramount focus on Herbert Hoover Dike safety throughout 2018, we need to make increased discharges to slow the still dangerous rise in lake levels," said Jacksonville District Commander, Col. Jason Kirk. "In concert with the South Florida Water Management District, we continue to maximize storage nor and south of the lake to minimize the requirement for discharges." The lake stage was 14.57 feet as of Thursday. Under these current conditions, discharges up to 4,000 cubic feet per second are allowed to be released to the Caloosahatchee and up to 1,800 cubic feet per second to the St. Lucie. Crews will use flexibility when it comes raising flows, while they still work to reduce risk to the Herbert Hoover Dike. The St. Lucie average flow will increase by 330 cubic feet per second from current releases, although runoff water from rain in the St. Lucie basin could occasionally result in flows that exceed the target amount of 1,500 cubic feet per second. Staff with the Jacksonville District will continue to monitor conditions and will make adjustments to water flows as needed.  1458

JULIAN, Calif. -- There was a light dusting of snow on Mt. Laguna and temperatures below freezing Tuesday.Tom is a co-owner of Laguna Mountain Lodge co-owner.  He told 10News, "Well, it got really cold, dropped down to about 22 and wind was just howlin' and then I got up about 5 this morning and the wind had died and there was a coating of snow; beautiful."It hasn't been exceptionally busy at the lodge; it usually takes a heavier snowfall to bring the crowds.It's also dangerous, he told us."It was pretty icy this morning; the roads were real bad." A pick-up truck slid off the road on hiway 79 near Santa Ysabel.  No one was hurt.The light storm left the area with nice scenery. "It's fun. I like the snow; like weather you can see." 767

KFC is running out of ... chicken?The fast food chain has been forced to temporarily close hundreds of restaurants in the United Kingdom after a logistics snafu stopped chicken deliveries.About 800 of the company's roughly 900 locations in Britain were closed as of midday on Monday. Some had opened for business by the afternoon, according to the company's website.KFC, which is owned by Taco Bell and Pizza Hut parent Yum!, said the chicken shortage had been caused by a "couple of teething problems" with its new delivery partner, DHL."We won't compromise on quality, so no deliveries has meant some of our restaurants are closed, and others are operating a limited menu, or shortened hours," KFC said in a statement.DHL acknowledged that a number of its deliveries had been "incomplete or delayed" because of "operational issues." The logistics company said it was working with KFC to solve the problem.KFC switched suppliers from Bidvest Logistics to DHL last Wednesday. Bidvest said that from its perspective, the transition had been "seamless."Franchisees operate 95% of KFC's outlets in the U.K. The company said in a statement that it would pay its staff as normal, and it was encouraging franchisees to do the same.KFC said it is too early to say how long it would take to restore normal service.Related: KFC promises to ditch antibiotic-laden chickenBritain is KFC's largest market in Europe, and one of its top five globally.KFC fans were not happy -- and many used social media to complain and express amusement over a chicken restaurant running out of its signature product.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 1692

JBS Tolleson, Inc. is recalling more than 5.1 million pounds of raw beef products that may be tainted with salmonella, the United States Department of Agriculture's Food Safety and Inspection Service said Tuesday.The recalled beef was produced and packaged between July 26 and September 7 according to FSIS. The products have been distributed nationwide and include the brands Kroger, Cedar River Farms, Grass Run Farms and JBS generic among others.This is an expansion of a recall that was first issued in October for the same reason.The total amount of "non-intact raw beef products" that have been recalled now exceeds more than 12 million pounds.The recalled beef is linked to an outbreak of salmonella that, as of November 15, has caused 246 people to become sick in 25 states, according to the US Centers for Disease Control and Prevention. No deaths have been reported but 56 people have been hospitalized."FSIS is continuing to investigate illnesses associated with this widespread outbreak, and additional product from other companies may also be recalled," the recall notice said.Consumers should discard or return any recalled beef. FSIS said its concerned that consumers may unknowingly have recalled beef in their freezer. In addition, "only consume ground beef that has been cooked to a temperature of 160°F. Other cuts of beef should be cooked to a temperature of 145°F and allowed to rest for at least 3 minutes," USDA said.Symptoms of salmonella usually begin within 12 to 72 hours of consuming contaminated food. These can include diarrhea, abdominal cramps and fever that last between four and seven days. Most people recover on their own, but those who experience persistent diarrhea may need to be hospitalized. 1740

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