Posts tagged economy
Commentary: More Jobs, Fewer Workers: Is the Labor Market Strong or Weak?
November 5, 2024 // Even after factoring in the BLS’s acknowledgment that its reports overstated job gains by 818,000 from March 2023 to March 2024, there still appears to be about five times as many new jobs created over the past year as there are additional people working. While media reports and markets tend to focus on jobs reports, what matters most to the economy and to human flourishing is how many people are working. Currently only 60.2% of people ages 16 and over in the U.S. are working. This is a gap of about 2.6 million workers compared to pre-pandemic employment rates.
Opinion: How to Cool Down Labor Unrest at the Ports
October 31, 2024 // Congress should put ports under the same labor-relations law that governs railroads and airlines.
Opinion: Why union workers are abandoning the Democratic Party
October 15, 2024 // Scott Sauritch, the president of United Steelworkers Local 2227, drew significant public attention recently when he told a writer for the New Yorkerthat despite being a longtime Democrat, he would be voting for Donald Trump in November. He also said that most of the current rank-and-file members of the union planned on doing the same. “I don’t care what you see on TV,” Sauritch said. “The grunts in the lunchroom love Trump.”
Opinion: What Buc-ee’s Can Teach Us About the Port Strike
October 12, 2024 // They care most about sheer numbers, from which both union dues and political power—and thus the leaders’ incredibly high salaries—are derived. So, they’ll fight like hell to keep the people they have, even as doing so contradicts not only the economics—and real-world lessons like Buc-ee’s—but also our current labor market reality, in which workers, not jobs, are increasingly scarce. In that world, it makes oodles of sense to embrace automation and other productivity enhancements, whether at the ports or anywhere else, and any other benefits are just the barbecue sauce on top. In the union’s world, however, the system’s working perfectly, and the government-protected sauce already flows.
Port strike longshoremen union boss linked to murdered mobster in ‘farce’ racketeering case he beat at trial
October 8, 2024 // George Daggett, the attorney, said the case began after his cousin asked a Catholic priest for financial advice and had $18 million in union funds placed under the supervision of the same money manager who worked with Our Lady of the Lake Church in Sparta, New Jersey. "So at the trial, every time a mobster’s name was mentioned, the government had a big board, and they made a circle, [and] every time a mobster was mentioned, they put his picture up on this big board," he said. "The government’s case ended, and I took Father Cassidy’s picture and I put it in the middle of all those mobsters. So that's the kind of trial it was."
When the Unions Tried to Bully
October 4, 2024 // Standing up to union bullies such as Harold Daggett of the International Longshoremen’s Association is a long-standing part of National Review‘s mission. The statement explaining NR’s purpose from the first issue of the magazine said NR “will explore and oppose the inroads upon the market economy caused by monopolies in general, and politically oriented unionism in particular.”
“Warehouse Worker Protection Act” Reintroduced with Bipartisan Support
October 2, 2024 // The bill imposes restrictions on employers’ use of productivity quotas to measure workers’ performance or output and includes substantial notice requirements to workers on the use of such quotas, discipline for failing to meet the quotas, and workers’ rights under the act, among other things. It mandates breaks for covered workers and recordkeeping obligations for employers. The WWPA also requires the Occupational Safety and Health Administration (OSHA) to issue two new rulemakings and creates a new category of unfair labor practices under the National Labor Relations Act (NLRA). It also expands the federal bureaucracy by creating a Quota Task Force as well as the Fairness and Transparency Office within the Department of Labor. This legislation is a thinly-veiled attack on large companies like Amazon that the Democratic Party and labor organizations do not support. The original sponsors of the WWPA were Senators Markey, Bob Casey (D-PA), and Tina Smith (D-MN). The cosponsors now include Senators Richard Blumenthal (D-CT), Sherrod Brown (D-OH), Laphonza Butler (D-CA), Kirsten Gillibrand (D-NY), Hawley, Alex Padilla (D-CA), Bernie Sanders (I-VT), Elizabeth Warren (D-MA), and Peter Welch (D-VT).
Textron Aviation workers go on strike after rejecting company’s offer
September 24, 2024 // If the strikes continue over a month, issues could form in the supply chains. Other workers who talked to KSN on Monday after the strike began say the negotiations were helpful but did not go far enough. “The negotiations got pretty far, said Troy Greene, who is also a shop steward. “There were some things in the deal that were pretty good. But we decided to hold out and get what we think we deserve.”
Report: Biden won’t block dock strike
September 18, 2024 // International Longshoremen’s Association has set Oct. 1 strike deadline at East and Gulf Coast ports. Taft-Hartley Act grants presidents powers to intervene in labor disputes that threaten national security or safety by imposing an 80-day cooling-off period, and forcing employees back to work while negotiations continue.
Employment Law Landscape Could Change After Election
September 16, 2024 // During the Trump administration the NLRB majority narrowed the scope of the National Labor Relations Act in several key respects and established a more neutral approach to union organizing. The Biden/Harris administration, which styled itself as the “most union-friendly in history,” reversed virtually all of the Trump-era policies, significantly expanded the scope of the law, and tilted the organizing landscape in favor of organized labor, Hayes said.