Showing posts with label GDP. Show all posts
Showing posts with label GDP. Show all posts

Saturday, January 31, 2015

Today's Teamster News 01.31.15

Teamsters
Teamsters Urge Tech Giants To Support Workers, Hold Contractor Accountable  teamster.org   ...In a letter to the CEOs of six East Bay-area companies, Rome Aloise, International Vice President and President of Teamsters Local 853 in San Leandro, Calif., urged the executives to call on their transportation contractor, Compass Transportation, to cease its anti-worker, anti-union tactics and proceed with a representation election...
Unions urge president not to veto Keystone  Washington Examiner   ...Galen Munroe, spokesman for the International Brotherhood of Teamsters, said the union was still backing the project though it hasn't issued a statement on the Senate vote...
Strike possible at Dutchess LOOP  MidHudson News   …The [Teamsters] union representing Dutchess County LOOP bus drivers, mechanics, office employees and bus washers said they could be walking the picket line within the next few days...
Rhode Island Hospital Workers Demonstrate Amid Negotiations On New Contract  Providence Journal   ...Workers seeking a new contract demonstrated outside Rhode Island Hospital on Thursday afternoon to demand job protection and improved pay and benefits. The union leading the demonstration — the Teamsters, Local 251 — represents about 2,300 employees at the hospital, which is part of the Lifespan health system. They include certified nursing assistants, maintenance staff and clerical help...
Trade
Trans-Pacific Partnership: Fast Track To Job Losses (opinion)  Huffington Post   ...Much like NAFTA, the TPP has more to do with big-business protectionism than with genuine free trade. Of TPP's 29 sections, only five relate to traditional trade issues like lowering tariffs. The rest of the chapters seek to limit the powers of governments to protect the safety of food, medicines, and the environment, as well as to forestall governments from implementing financial regulations of the sort that are needed to safeguard taxpayer money from bank bailouts. Most damaging of all, the TPP would create new incentives for corporations to ship jobs overseas and would forbid governments from using strategies like "Buy American" provisions that keep jobs in our country...
Big Business “Regulators” And The Transatlantic Trade And Investment Partnership (TTIP): Opening The Floodgates To Corporate Plunder  Center for Research on Globalization   ...there would be compulsory impact assessments for proposed regulation, which will be checked for their potential impact on trade. This would be ideal for big business lobbies: creating a firm brake on any new progressive regulation in the very first stage of decision-making...
The Obama Administration’s Illusionary Job Gains From The Trans-Pacific Partnership  Washington Post   ...imports would increase by virtually the same amount as exports, meaning the net number of new jobs is zero....
State Battles
Meet the next Scott Walker: Illinois’ new GOP governor declares war on labor  Salon   …Meet the next Scott Walker: Illinois’ new GOP governor declares war on labor...
Rauner Presents "Right-to-Work" Zone Preferences and Hopes for Improvement in Illinois' Business Competition  Reboot Illinois   ...In a speech in Champaign Jan. 29, Gov. Bruce Rauner talked business and state competition. He reiterated his position on unions–he’s not against them, but wants to encourage parts of Illinois to become “right-to-work zones.”
Rauner Wants Gov't Unions Banned From Political Campaign Contributions  WNIJ   ...Gov. Bruce Rauner lit a fire under labor unions this week when he suggested local governments should be able to implement their own right-to-work laws. Yesterday, Rauner went one step further, saying government unions should be banned from contributing to political campaigns...
Logan may soon join others in state to step up for ‘Right-to-Work’  newsdemocratleader.com   ...The Logan County fiscal court unanimously voted on a first reading of an ordinance that will declare Logan a “Right-to-Work” county. Logan will become one of the handfull of counties in the state to historically set out into uncharted territory to send a loud and clear message to the legislators in Frankfort...
$12 Minimum-Wage Bill Advances After Fiery Debate  Seattle Times   ...A bill to boost the state minimum wage to $12-an-hour over four years passed out of a House committee Thursday, but not before an opposed GOP lawmaker ripped minimum-wage activists as entitled in a “kids-these-days” diatribe...
Right-to-work advocate visits Ruidoso  Ruidoso News   ...Paul Gessing, president of the [Koch-funded] Rio Grande Foundation, was in Ruidoso Monday raising awareness and support for passage of right-to-work legislation in New Mexico...
GOP in full sail at the Capitol  West Virginia Metro News   ... there are hints of possible storm clouds ahead. Senate Majority Leader Mitch Carmichael (R-Jackson) is adamant about pushing legislation making West Virginia a right-to-work state. Carmichael has long lobbied for limiting the power of unions in the workplace and he wants to take advantage of the new majority to see it through this year. Labor leaders will fight right-to-work to the last man...
Senate leader says he will have votes to pass right to work  The Chippewa Herald   ...Republican Senate Majority Leader Scott Fitzgerald said Friday there will be enough votes to pass a right-to-work bill in Wisconsin this session after the GOP majority grows to 19 following the April election to fill a vacant seat...
War on Workers
McConnell, Alexander Introduce Bill To Reform National Labor Relations Board  The Chattanoogan   ...Senate Majority Leader Mitch McConnell and Senator Lamar Alexander, chairman of the Senate labor committee, on Wednesday introduced the NLRB Reform Act to turn the National Labor Relations Board (NLRB) from an advocate to an umpire and keep the general counsel from operating as an activist for one side or the other...
Construction worker killed in Gold Coast crane accident  WLS   …the 45-year-old man was 60 feet up when part of the crane's equipment came crashing down on his chest around 3 p.m. Friday near State and Elm. He was pinned by part of the crane until workers were able free him...
Miscellaneous
U.S. Economy Slows To 2.6 Percent Growth In Fourth Quarter  Politico   ...The U.S. economy slowed in the final three months of 2014 as a big burst in consumer spending was offset by weakness in other areas. The Commerce Department said Thursday the overall economy grew at a 2.6 percent rate in the October-December period, down from sizzling gains of 4.6 percent in the second quarter and 5 percent in the third quarter...
Senate Approves Keystone XL Pipeline Bill, Testing Obama  New York Times   ...The Senate voted 62 to 36 in favor of building the pipeline. Nine Democrats joined 53 Republicans in passing the bill. The passage sends the measure back to the House, which passed a largely similar bill this month. House leaders are deciding whether to pass the Senate bill as is or to hold a conference merging the House and Senate versions into a new bill to be voted on by each chamber...
Drones Spotted, But Not Halted, Raise Concerns  New York Times   ...While drones have not been used in a terrorist attack on American soil, thwarting them is increasingly becoming a challenge for law enforcement and security officials who are charged with protecting large-scale events like the Super Bowl and high-profile public buildings like the White House. The officials have warned that the low-flying devices could be modified to carry explosives, chemicals, biological agents, guns or cameras...

Wednesday, October 22, 2014

Today's Teamster News 10.22.14

Teamster News
Teamsters Local 769 In Miami Files For Representational Elections At Con-Way Freight  IBT   ..."For far too long, these hardworking employees have not had the respect and dignity on the job that they deserve," said Mike Scott, President of Local 769. "When they form their union with the Teamsters, they will be treated fairly and we will work hard to negotiate a strong Teamster contract for them that addresses their issues including job security."...
The Frozen-Egg Gap: Silicon Valley's Perks Aren't For Everyone  NBC News   ...“We’ve got companies that make stupendous amounts of money and can afford to treat them better,” said Rome Aloise, principal officer of Teamsters Local 853 in San Leandro, Calif. The Teamsters is seeking to organize shuttle drivers who work at tech firms through third-party contractors...
Brinks Workers In Alberta Ratify New Labour Contract  Canadian Labour Reporter   ...Alberta workers with the logistics cash provider Brinks recently ratified a new labour contract. The new collective agreement — negotiated with Teamsters Local Union 362 — includes wage increases of 2.5 per cent to three per cent every year for the next four years. Approximately 230 workers are covered by the contract. The agreement will expire in September 2018...
Brian Davis  IBT   ...Dear Brothers and Sisters: We are saddened to inform you that Teamster Local 174 Business Agent and Joint Council 28 Freight Division Director Brian Davis tragically passed away on Sunday, October 19, 2014...
Americold Workers in Wisconsin Choose Teamsters  teamster.org   ...Cold storage warehouse workers at Americold in Darien, Wisc., have voted by nearly a 2-1 margin to join Teamsters Local 695 in Madison, Wisc. There are 133 workers in the bargaining unit...
Hoffa Tells Wisconsin Teamsters They Can Effect Change  teamster.org   ...Teamsters General President Jim Hoffa continued his whirlwind tour of the union’s workplaces in Wisconsin today, urging members at UPS, Roundy’s grocery and Nestle to get out and vote to ensure that pro-worker candidates are elected in Madison and Washington, D.C...
Funeral Giant SCI Accepts Union's Offer to Enter Federal Mediation  teamster.org   ... Funeral industry giant Service Corporation International (NYSE:SCI) has accepted Teamsters Local 727’s offer to enter federal mediation as the union attempts to reach an agreement on a new contract for Chicago-area funeral workers...
Trade
WTO Rejects US Country-of-Origin Labels for Meat  Associated Press   ...In a ruling Monday, the World Trade Organization rejected U.S. rules requiring labels on packaged steaks, ribs and other cuts of meat identifying where the animals were born, raised and slaughtered. The WTO said the requirements put Canadian and Mexican livestock at an unfair disadvantage...
U.S. floats cutting tobacco from part of Pacific trade pact -sources  Reuters   ...The United States has floated excluding tobacco products from a key section of a 12-nation Pacific trade deal and signaled it may present a formal proposal to trading partners at talks in Australia, sources briefed on the negotiations said...
Don’t Let Congress Trade U.S. Jobs Away  teamster.org   ...Hardworking Americans have seen a significant decline in the availability of middle-class jobs in this country during the last 20 years. And that is largely due to one thing – lousy trade deals approved by Congress...
State Battles
Emails show Scott Walker campaign treasurer got inside information on real-estate deal  Wisconsin State Journal   ...The campaign treasurer for Gov. Scott Walker got detailed financial information from a top Walker aide around the time he was bidding on a real estate deal involving Milwaukee County, according to correspondence released Tuesday as part of a now-closed investigation into Walker’s office while he was county executive...
Wisconsin: Effort To Reinstate Voter ID Law Is Abandoned  New York Times   ...J. B. Van Hollen, the state’s attorney general, is giving up on finding a way to get a voter photo identification law in place for the Nov. 4 election...
Why is the Boston Globe Covering Up for Gubernatorial Candidate Charlie Baker? (Updated)  naked capitalism   ...Boston’s paper of record is effectively covering up for Massachusetts gubernatorial candidate Charlie Baker by failing to cover a growing pay to play scandal in New Jersey, with Baker as one of its central figures...
Minimum Wage Increase Headed To Ballot  NBC News   ...San Diego City Council voted unanimously to let voters decide whether to raise the city’s minimum wage. But it’s not as though they had much of a choice. On Monday, the council voted on whether to put the matter on the ballot or rescind an ordinance that would have raised the minimum wage to $11.50 over the next three years, beginning in January...
Minimum Wage In Mountain View To Jump From $9 An Hour To $10.30 This Summer  San Jose Mercury News   ...the Mountain View City Council followed San Jose's lead by voting ...  to increase the minimum wage in the city from $9 to $10.30 an hour. After the initial bump in July, the wage is supposed to increase every Jan. 1 based on inflation. The council set a goal of $15 per hour by 2018...
White Hat’s Magic Trick: Transforming Public Schools into Private Assets  Center for Media and Democracy   ...There’s a lot of money at stake in Ohio charter schools, which as a group will receive almost $900 million in 2014. Charters get about $7,200 per student in taxpayer funding, compared to about $3,500 per student in traditional public schools...
ALEC’s Corporate Sponsors Should Be Held Accountable For Forcing Taxpayers to Subsidize Their Lobbying  Common Cause   ...A complaint pending in the IRS Whistleblower office, filed by Common Cause, used thousands of pages of ALEC’s own records to challenge the group’s claim that it does not engage in lobbying. If the tax agency finds that ALEC is a corporate lobby masquerading as a charity, and its corporate sponsors knew this all along, the businesses which contribute to its $7 million annual budget could be on the hook for back taxes, too...
War on Workers
Labor Secretary Says U.S. Record On Paid Parental Leave Is 'Dismal': 'We Need To Lead'  Huffington Post   ...Labor Secretary Tom Perez said Monday the path to more "shared prosperity" in the U.S. economy lies in a higher minimum wage, paid family leave for workers and stronger union density in the private sector...
Uber Will Lower GDP  Forbes   ...If someone takes an Uber ride instead of a regular cab, what happens?  The customer is spending less, a taxi driver somewhere is losing a customer, the Uber driver is making less than the taxi driver would have, and the customer gets where they want to go in a happier state.  Alternatively, traditional taxi companies may try to compete and start lowering their prices, as they appear to be doing.  Add it all up; you get a smaller number. GDP goes down..
New Efforts To Ban Tobacco Farm Child Labor  ABC News   ...Two years after the Obama administration backed off a rule that would have banned children from dangerous agriculture jobs, public health advocates and lawmakers are trying anew to get kids off tobacco farms. The new efforts were jumpstarted by a Human Rights Watch report in May that said nearly three-quarters of the children interviewed by the group reported vomiting, nausea and headaches while working on tobacco farms...
Worker killed at North Antelope Rochelle Mine identified  Associated Press   ...A contractor died in a weekend accident at Peabody Energy's North Antelope Rochelle Mine in northeastern Wyoming…The contractor's death was the second this year at North Antelope Rochelle...
Friends, relatives remember Pittsburgh sanitation worker killed in Carrick  Pittsburgh Post-Tribune   ...Those who knew Mr. Hodges, who had no criminal record and who worked three jobs to try to support two children he treated as his own, said they were stunned by the way he died...
Greece: Deficit would be just 1.8% without the "support" to banks!  unbalanced evolution   ...Another official source, Eurostat this time, confirms that the banks in Greece received billions in bailout packages, leading to the unprecedented enlargement of the national deficit. Of the total 12.2% of GDP revised deficit, 10.4% is due to recapitalization of the banks!...
Miscellaneous
Low Oil Prices Hurting U.S. Shale Operations  naked capitalism   ...The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil services firm Baker Hughes. There were 19 oil rigs that were removed from operation as of Oct. 17, compared to the prior week. There are now 1,590 active oil rigs, the lowest level in six weeks...
U.S. to funnel travelers from Ebola-hit region through five airports  Reuters   ...The United States ratcheted up its safeguards against Ebola on Tuesday, requiring travelers from three countries at the center of an epidemic in West Africa to fly into one of five major airports conducting enhanced screening for the virus...
Help, We're in a Living Hell and We Don't Know How To Get Out  Esquire   ...There have always been fools, and rancorous factionalism, too. What is new in this part of history that we are living through is that we have been taken hostage by them and by the heroes of the Constitution and various other charlatans...

Wednesday, January 30, 2013

Ruh-roh: U.S. economy shrinks due to govt. spending drop

Source: Washington Post Wonkblog
The slight fall in the Gross Domestic Product from October 1 to December 31 last year resulted in part from a 6.6 percent decline in government spending -- and from a fall in exports.

This is what you get with job-killing trade deals and government austerity.

Reuters reports,
The economy unexpectedly contracted in the fourth quarter, suffering its first decline since the recession ended more than three years ago as businesses scaled back on restocking and government spending plunged. 
Gross domestic product fell at a 0.1 percent annual rate after growing at a 3.1 percent clip in the third quarter, the Commerce Department said on Wednesday. 
That was the worst performance since the second quarter of 2009 and showed the economy entering the new year with no momentum, but economists cautioned against reading too much into the decline in output...
Government spending tumbled at a 6.6 percent rate, as defense outlays plunged at a 22.2 percent pace, wiping out the previous quarter's gains. 
Calculated Risk notes that the trade deficit also contributed to the decline:
The slight decline in GDP was related to changes in private inventories (subtracted 1.27 percentage points), less Federal Government spending (subtracted 1.25 percentage points), and a negative contribution from trade (subtracted 0.25 percentage points).
@CAPCongress tweeted:
Wow, GDP decline of 0.1% largely result of 6.6% decline in govt spending. This is what austerity brings you.
Or as Rick Santelli said:
We are now Europe.