Monday, February 4, 2013

Today's Teamster News 02.04.13

The Never Ending Little Changed Unemployment Figures for January 2013  Economic Populist   ...A huge problem with today's labor market is the gross number of working part-time generally. There is a huge number of people who need full-time jobs with benefits who can't get decent career oriented positions...
California Orders Wal-Mart Warehouse to Pay $1.1 Million in Stolen Wages  In These Times   ...Workers last year informed the Warehouse Worker Resource Center that they were being denied pay for time worked, made to work through lunch and threatened with termination if they complained. The Quetico warehouse has been cited in the last year by multiple state agencies for violations, including unsafe working conditions and retaliation against workers who requested to be paid for missing wages...
Super Bowl Is Single Largest Human Trafficking Incident In U.S.: Attorney General  Huffington Post   ...10,000 prostitutes were brought to Miami for the Super Bowl in 2010 and 133 underage arrests for prostitution were made in Dallas during the 2011 Super Bowl...
Foxconn plans Chinese union vote  Financial Times   ...Foxconn, the contract manufacturer whose biggest customer is Apple, is preparing genuinely representative labour union elections in its factories in China for the first time, a powerful sign of the changes in the workshop of the world demanded by an increasingly restive workforce...
RBS bankers not taxpayers must pay Libor-rigging fine, chancellor says  The Guardian   ...George Osborne has told bankers they must give up their bonuses to pay international fines imposed for the Libor rate-rigging scandal...
US pension funds sue BlackRock  Financial Times   ...BlackRock, the world’s largest asset manager, has systematically “looted” securities lending revenues from investors, according to a lawsuit filed by two US pension funds...
ACA case risks reviving Goldman’s ghosts  Financial Times   ...When Goldman Sachs paid $550m to the US securities watchdog in 2010 to settle claims that it had mis-sold a complex debt product known as Abacus, the bank’s executives were no doubt hoping that the scandal would quickly be forgotten...
Greek seamen, farmers protest against government cuts  Reuters   ...The seamen are demanding months of unpaid wages and the repeal of a draft law that weakens their union by introducing a new employment contract between shipowners and crew...
Karl Rove declares war on tea party, enlists GOP billionaires  National Confidential   ...The “Conservative Victory Project,” an offshoot of the former Bush adviser’s American Crossroads, is designed to prevent Tea Party-endorsed candidates from winning Senate primaries...