Labor/Economics
Re: Labor/Economics
Biden will speak at United Auto Workers forum as he woos the blue-collar vote in battleground states
WASHINGTON (AP) — President Joe Biden will be the keynote speaker Wednesday at a United Auto Workers’ political convention as he works to sway blue-collar workers his way in critical auto-making swing states such as Michigan and Wisconsin.
Biden will speak as the union closes out a three-day gathering in Washington to chart its political priorities but leaders kept mum in advance about whether they will use the moment to endorse the Democrat’s bid for a second term — or hold out longer to try to increase the UAW’s leverage.
https://apnews.com/article/biden-auto-w ... e54b885866
WASHINGTON (AP) — President Joe Biden will be the keynote speaker Wednesday at a United Auto Workers’ political convention as he works to sway blue-collar workers his way in critical auto-making swing states such as Michigan and Wisconsin.
Biden will speak as the union closes out a three-day gathering in Washington to chart its political priorities but leaders kept mum in advance about whether they will use the moment to endorse the Democrat’s bid for a second term — or hold out longer to try to increase the UAW’s leverage.
https://apnews.com/article/biden-auto-w ... e54b885866
Re: Labor/Economics
Biden needs to talk to some media pros in LA and soon, before it's too late.
"We must remember that we cannot abandon the truth and remain a free nation." --Liz Cheney, Republican, 7/21/22
Re: Labor/Economics
Agreed, I find it so odd that considering so many talented people in show business are liberal democrats that only Bill Clinton was smart enough to take their advice and follow their direction.
" I am a socialist " Bernie Sanders
Re: Labor/Economics
The U.S. economy grew at a 3.3% pace in the fourth quarter, much better than expected
The economy grew at a much more rapid pace than expected in the final three months of 2023, as the U.S. easily skirted a recession that many forecasters had thought was inevitable, the Commerce Department reported Thursday.
Gross domestic product, a measure of all the goods and services produced, increased at a 3.3% annualized rate in the fourth quarter of 2023, according to data adjusted seasonally and for inflation.
https://www.cnbc.com/2024/01/25/gdp-q4- ... %25%20gain.
The economy grew at a much more rapid pace than expected in the final three months of 2023, as the U.S. easily skirted a recession that many forecasters had thought was inevitable, the Commerce Department reported Thursday.
Gross domestic product, a measure of all the goods and services produced, increased at a 3.3% annualized rate in the fourth quarter of 2023, according to data adjusted seasonally and for inflation.
https://www.cnbc.com/2024/01/25/gdp-q4- ... %25%20gain.
Re: Labor/Economics
The Texas Tribune Is Unionizing
Just under six months after the Texas Tribune weathered its first-ever round of layoffs, staff announced this morning that they are unionizing with the NewsGuild-CWA and asking for voluntary recognition from management by January 31.
CEO Sonal Shah sent an email to staff 15 minutes after management was made aware of the union, writing, “Our response is simple. If Tribune employees want to be represented by a union, we will respect their right to representation… We respect our colleagues’ right to collectively bargain.”
https://www.austinchronicle.com/daily/n ... nionizing/
Just under six months after the Texas Tribune weathered its first-ever round of layoffs, staff announced this morning that they are unionizing with the NewsGuild-CWA and asking for voluntary recognition from management by January 31.
CEO Sonal Shah sent an email to staff 15 minutes after management was made aware of the union, writing, “Our response is simple. If Tribune employees want to be represented by a union, we will respect their right to representation… We respect our colleagues’ right to collectively bargain.”
https://www.austinchronicle.com/daily/n ... nionizing/
Re: Labor/Economics
Last week the LA Times newsroom staff, what's left of them, staged a 1-day walkout in protest of staff cuts that have basically turned the paper into a rag with nothing in it.
This week the management of the Times laid a bunch more of them off. Practically the whole sports staff went, and the sports page was about the only readable part of the paper left. It's so bad that the LA fat cats are trying to blame the Democratic Party and "woke" for its demise, so you know it's serious. The LA establishment has gone to the whip.
This week the management of the Times laid a bunch more of them off. Practically the whole sports staff went, and the sports page was about the only readable part of the paper left. It's so bad that the LA fat cats are trying to blame the Democratic Party and "woke" for its demise, so you know it's serious. The LA establishment has gone to the whip.
"We must remember that we cannot abandon the truth and remain a free nation." --Liz Cheney, Republican, 7/21/22
Re: Labor/Economics
ZoWie wrote: ↑Thu Jan 25, 2024 11:05 am Last week the LA Times newsroom staff, what's left of them, staged a 1-day walkout in protest of staff cuts that have basically turned the paper into a rag with nothing in it.
This week the management of the Times laid a bunch more of them off. Practically the whole sports staff went, and the sports page was about the only readable part of the paper left. It's so bad that the LA fat cats are trying to blame the Democratic Party and "woke" for its demise, so you know it's serious. The LA establishment has gone to the whip.
Great example of how managers don't know their audience.
They have no clue on how many people bought the paper for the sports page and the funnies.
" I am a socialist " Bernie Sanders
Re: Labor/Economics
Newspapers are struggling nationwide because they're now competing with social media, internet news media, and cable news. The information in a daily newspaper is day old news while the other medias are no more than a couple of hours old. Most people, including me, like to read/view the news shortly after it happens. The technology of computers and the internet have made newspapers almost obsolete.
When you vote left, you vote right.
Re: Labor/Economics
Newspapers are adapting in some cases. The NY Times survives not only because NYC has so many commuters reading it on public transit. After all, most of the subways have cell phone repeaters now. The NY Times has also done things to adapt, like providing Internet-based games that are played by millions of subscribers worldwide. Wordle, Spelling Bee, and a couple of others are a daily routine for a lot of people.
The LA Times adapted by moving to an abandoned aerospace-ghetto building left over from the spending orgy around Ronnie's Ray Gun. The enormous comedown from the former complex right next to City Hall (and bigger than it) to a nondescript refuge between an airport and an oil refinery was as good an indicator of changing times as anything will ever be. Then all they did was to keep cutting content, which of course will lead to a death spiral every time.
The LA Times adapted by moving to an abandoned aerospace-ghetto building left over from the spending orgy around Ronnie's Ray Gun. The enormous comedown from the former complex right next to City Hall (and bigger than it) to a nondescript refuge between an airport and an oil refinery was as good an indicator of changing times as anything will ever be. Then all they did was to keep cutting content, which of course will lead to a death spiral every time.
"We must remember that we cannot abandon the truth and remain a free nation." --Liz Cheney, Republican, 7/21/22
Re: Labor/Economics
Great example of how old management ignores modern changes. As internet media was growing newspapers were igniting it. Believing they could never be replaced.Number6 wrote: ↑Thu Jan 25, 2024 12:26 pm Newspapers are struggling nationwide because they're now competing with social media, internet news media, and cable news. The information in a daily newspaper is day old news while the other medias are no more than a couple of hours old. Most people, including me, like to read/view the news shortly after it happens. The technology of computers and the internet have made newspapers almost obsolete.
Another example is Encyclopedia's could have been Wikipedia
" I am a socialist " Bernie Sanders
Re: Labor/Economics
I don't think they ignored modern changes in that they incorporated online editions of the newspapers, added forums for readers to use, and had/have online social media accounts. The problem as I stated earlier is the freshness of the news. Do you want your news 12 - 24 hours after it happened or 1 - 2 hours after it happened? I believe most people opted for the later.
Encyclopedias made the mistake of thinking of themselves as only a book publishing company rather than see the benefits of going online. I remember using encyclopedias in grade school through college as a source of information when researching and writing papers. We had a set in the early 60s and then we used the ones in the local library. I still think there's something about holding a newspaper or book and makes reading more pleasurable than reading online or on a tablet.
When you vote left, you vote right.
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Re: Labor/Economics
https://www.youtube.com/watch?v=snH_xQs36KE
https://www.youtube.com/watch?v=8vpiuB0GW-8
Dallas apartment evicts tenant, throws belongings in dumpster. But it was the wrong unit.
https://www.youtube.com/watch?v=B9FCn9i091U
Woman charged $7,000 for Subway sandwich
The push for a bias towards business folks superiority keeps resulting in more and more militarized authority by selfish violent people over people they are starving and excluding and cheating.
https://www.youtube.com/watch?v=w-29nymZYKI
SF stores install exit gates, chain locks to stop shoplifting
Regressive economic funding scheme leads to authoritarian monitoring and abuseDriver charged after using elaborate license plate cover to evade tolls
https://www.youtube.com/watch?v=8vpiuB0GW-8
Dallas apartment evicts tenant, throws belongings in dumpster. But it was the wrong unit.
He came home from work to find everything he owned was accidentally thrown in a dumpster by maintenance. But now, building management says he has no rights to reimbursement
https://www.youtube.com/watch?v=B9FCn9i091U
Woman charged $7,000 for Subway sandwich
More than $7,000 for a Subway sandwich... A metro Atlanta woman reached out to Action News Jax's sister station after trying for nearly a month to get her money back.
The push for a bias towards business folks superiority keeps resulting in more and more militarized authority by selfish violent people over people they are starving and excluding and cheating.
https://www.youtube.com/watch?v=w-29nymZYKI
SF stores install exit gates, chain locks to stop shoplifting
They want to lock people in and lock people out and punish them, restrict them and do violence against them.San Francisco supermarkets and retailers are implementing unprecedented security measures to thwart what has been described as rampant shoplifting.
That quote eerily reminiscent of the many many cases across the country of people starving their children as something they did leading up to the deaths."It has taken the drastic step of using a chain to lock up the food"
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Re: Labor/Economics
3.3 million children lose Medicaid coverage
Fighting the vulnerable for being vulnerable and those made poor for being poor with an extreme and deadly punativity.Nina Serdiuk recalls the stressful moments when she found out her 14-year-old son Matvii had lost his Medicaid enrollment. With his medical condition, it is impossible for him to be without doctors and without insurance.
"Without any explanation they closed the straight access, and they didn't give me new insurance," Serdiuk said.
The mother moved to the United States from Ukraine six years ago, in part to help find medical treatment for her son.
"He has multiple issues, like neurological issues, he doesn't speak, he doesn't walk, he has a G-tube. He has epilepsy," she said.
Like thousands of parents around the country, Serdiuk found out her child was dropped from Medicaid, the federal insurance programs that cover medical care for lower income families.
So far this year, there are at least 3.5 million fewer children on Medicaid rolls compared to last year.......
....She says Texas and Florida account for 40% of the 3.5 million children dropped nationwide. She believes many of them are probably still eligible for coverage, but are being dropped for procedural reasons.....
Re: Labor/Economics
The poor child's problem is that he is already born. Once born, the GOP isn't the party of life.Motor City wrote: ↑Sat Jan 27, 2024 5:29 am 3.3 million children lose Medicaid coverage
Fighting the vulnerable for being vulnerable and those made poor for being poor with an extreme and deadly punativity.
Re: Labor/Economics
Private payroll growth slowed to just 107,000 in January, below expectations, ADP reports
Private payroll growth declined sharply in January, a possible sign that the U.S. labor market is heading for a slowdown this year, ADP reported Wednesday.
Companies added 107,000 workers in the first month of 2024, off from the downwardly revised 158,000 in December and below the Dow Jones estimate for 150,000, according to the payrolls processing firm.
https://www.cnbc.com/2024/01/31/adp-job ... 2024-.html
Private payroll growth declined sharply in January, a possible sign that the U.S. labor market is heading for a slowdown this year, ADP reported Wednesday.
Companies added 107,000 workers in the first month of 2024, off from the downwardly revised 158,000 in December and below the Dow Jones estimate for 150,000, according to the payrolls processing firm.
https://www.cnbc.com/2024/01/31/adp-job ... 2024-.html
Re: Labor/Economics
US adds 353K jobs in January, soaring past expectations
The U.S. economy added 353,000 jobs in January, and the unemployment rate clocked in at 3.7 percent, according to new data released Friday by the Labor Department.
The January jobs report far exceeded the gain of 185,000 jobs and a 3.8 percent unemployment rate expected by economists polled by the Wall Street Journal.
https://thehill.com/business/4442991-us ... mployment/
The U.S. economy added 353,000 jobs in January, and the unemployment rate clocked in at 3.7 percent, according to new data released Friday by the Labor Department.
The January jobs report far exceeded the gain of 185,000 jobs and a 3.8 percent unemployment rate expected by economists polled by the Wall Street Journal.
https://thehill.com/business/4442991-us ... mployment/
Re: Labor/Economics
Those are great numbers and great news. They should be touted by the Biden administration.ap215 wrote: ↑Fri Feb 02, 2024 8:21 am US adds 353K jobs in January, soaring past expectations
The U.S. economy added 353,000 jobs in January, and the unemployment rate clocked in at 3.7 percent, according to new data released Friday by the Labor Department.
The January jobs report far exceeded the gain of 185,000 jobs and a 3.8 percent unemployment rate expected by economists polled by the Wall Street Journal.
https://thehill.com/business/4442991-us ... mployment/
However if he continues to include the jobs that simply restarted when they talk about total jib creation they will lose all credibility and it will be for naught.
" I am a socialist " Bernie Sanders
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- Posts: 1802
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Re: Labor/Economics
A different take on the economy
https://www.youtube.com/watch?v=OycHNVSYHZ0
Mass mobilization of poor and low income workers coming to America
https://www.youtube.com/watch?v=OycHNVSYHZ0
Mass mobilization of poor and low income workers coming to America
Re: Labor/Economics
In wartime these are called displaced persons, and there are rules.
Most of the people risking their lives to get out of the third world are basically displaced persons, since they or their children would likely die if they stayed put. The difference is that now the war is social and economic rather than a formally declared military conflict, and there are no rules.
Most of the people risking their lives to get out of the third world are basically displaced persons, since they or their children would likely die if they stayed put. The difference is that now the war is social and economic rather than a formally declared military conflict, and there are no rules.
"We must remember that we cannot abandon the truth and remain a free nation." --Liz Cheney, Republican, 7/21/22
Re: Labor/Economics
Prices rose more than expected in January as inflation won’t go away
Inflation rose more than expected in January as stubbornly high shelter prices weighed on consumers, the Labor Department reported Tuesday.
The consumer price index, a broad-based measure of the prices shoppers face for goods and services across the economy, increased 0.3% for the month, the Bureau of Labor Statistics reported. On a 12-month basis, that came out to 3.1%, down from 3.4% in December.
https://www.cnbc.com/2024/02/13/cpi-inf ... rcent.html
Inflation rose more than expected in January as stubbornly high shelter prices weighed on consumers, the Labor Department reported Tuesday.
The consumer price index, a broad-based measure of the prices shoppers face for goods and services across the economy, increased 0.3% for the month, the Bureau of Labor Statistics reported. On a 12-month basis, that came out to 3.1%, down from 3.4% in December.
https://www.cnbc.com/2024/02/13/cpi-inf ... rcent.html
Re: Labor/Economics
Flight attendants join hands to picket outside 30 airports for better pay
Feb 13 (Reuters) - Thousands of flight attendants across three labor unions will picket outside airports in the U.S., the UK and Guam on Tuesday, to push airlines for new contracts with significant pay increases, the Association of Flight Attendants said.
The protests will include cabin crew members from 24 airlines including Alaska Air (ALK.N), opens new tab, Southwest Airlines (LUV.N), opens new tab, United Airlines (UAL.O), opens new tab and American Airlines (AAL.O), opens new tab, picketing outside 30 airports.
https://www.reuters.com/business/aerosp ... 024-02-13/
Feb 13 (Reuters) - Thousands of flight attendants across three labor unions will picket outside airports in the U.S., the UK and Guam on Tuesday, to push airlines for new contracts with significant pay increases, the Association of Flight Attendants said.
The protests will include cabin crew members from 24 airlines including Alaska Air (ALK.N), opens new tab, Southwest Airlines (LUV.N), opens new tab, United Airlines (UAL.O), opens new tab and American Airlines (AAL.O), opens new tab, picketing outside 30 airports.
https://www.reuters.com/business/aerosp ... 024-02-13/
Re: Labor/Economics
Retail sales tumbled 0.8% in January, much more than expected
Consumer spending fell sharply in January, presenting a potential early danger sign for the economy, the Commerce Department reported Thursday.
Advance retail sales declined 0.8% for the month following a downwardly revised 0.4% gain in December, according to the Census Bureau. A decrease had been expected: Economists surveyed by Dow Jones were looking for a drop of 0.3%, in part to make up for seasonal distortions that probably boosted December’s number.
https://www.cnbc.com/2024/02/15/retail- ... 2024-.html
Consumer spending fell sharply in January, presenting a potential early danger sign for the economy, the Commerce Department reported Thursday.
Advance retail sales declined 0.8% for the month following a downwardly revised 0.4% gain in December, according to the Census Bureau. A decrease had been expected: Economists surveyed by Dow Jones were looking for a drop of 0.3%, in part to make up for seasonal distortions that probably boosted December’s number.
https://www.cnbc.com/2024/02/15/retail- ... 2024-.html
Re: Labor/Economics
Consumers sentiment rose slightly last month as growth improves, inflation falls
WASHINGTON -- A measure of consumer sentiment ticked higher this month, after soaring in December and January, underscoring that Americans are starting to feel better about the economy after several years of gloom.
The University of Michigan's consumer sentiment index, released Friday, ticked up to 79.6 in February, from 79 in January. The small gain followed two months of sharp increases that were the largest in more than 30 years. How Americans feel could impact the presidential race this year, which will likely focus heavily on President Joe Biden's economic record.
https://abcnews.go.com/Business/wireSto ... -107292871
WASHINGTON -- A measure of consumer sentiment ticked higher this month, after soaring in December and January, underscoring that Americans are starting to feel better about the economy after several years of gloom.
The University of Michigan's consumer sentiment index, released Friday, ticked up to 79.6 in February, from 79 in January. The small gain followed two months of sharp increases that were the largest in more than 30 years. How Americans feel could impact the presidential race this year, which will likely focus heavily on President Joe Biden's economic record.
https://abcnews.go.com/Business/wireSto ... -107292871
Re: Labor/Economics
Citizens United is still a pain in the ass.
Amazon joins companies arguing US labor board is unconstitutional
Feb 16 (Reuters) - Amazon.com (AMZN.O), opens new tab has joined rocket maker SpaceX and grocery chain Trader Joe's in claiming that a U.S. labor agency's in-house enforcement proceedings violate the U.S. Constitution, as the retail giant faces scores of cases claiming it interfered with workers' rights to organize.
Amazon in a filing made with the National Labor Relations Board (NLRB) on Thursday said it plans to argue that the agency's unique structure violates the company's right to a jury trial.
https://www.reuters.com/technology/amaz ... 024-02-16/
Amazon joins companies arguing US labor board is unconstitutional
Feb 16 (Reuters) - Amazon.com (AMZN.O), opens new tab has joined rocket maker SpaceX and grocery chain Trader Joe's in claiming that a U.S. labor agency's in-house enforcement proceedings violate the U.S. Constitution, as the retail giant faces scores of cases claiming it interfered with workers' rights to organize.
Amazon in a filing made with the National Labor Relations Board (NLRB) on Thursday said it plans to argue that the agency's unique structure violates the company's right to a jury trial.
https://www.reuters.com/technology/amaz ... 024-02-16/