Posts tagged omicron
The Jobs Report Came in Strong. Don’t Celebrate Yet.
February 7, 2022 // The Biden administration is celebrating the better-than-expected 467,000 January job-creation numbers from the Bureau of Labor Statistics. But the new data put the Federal Reserve even further behind in fighting inflation, potentially setting up a 50 basis point increase in March, rather than the 25 basis point increase markets are primed for. That could send equities further down.
CHICAGO TEACHERS UNION PRESIDENT QUITTING AFTER 3RD STRIKE IN 27 MONTHS
February 4, 2022 // Chicago Teachers Union President Jesse Sharkey announced he’s returning to the classroom once his term expires in June. Sharkey has led CTU since 2014 through three work stoppages.
Companies unexpectedly cut 301,000 jobs in January as omicron slams labor market, ADP says
February 2, 2022 // Companies cut jobs in January for the first time in more than a year as the spread of the Covid omicron variant appeared to hit hiring, payroll processing firm ADP reported Wednesday.
Alabama coalminers on strike for 10 months vow not to be ‘starved out’
January 25, 2022 // Haeden Wright, president of the United Mine Workers of America auxiliary for two of the striking locals and the wife of a striking miner…Wright’s husband, Braxton, has taken a temporary job during the strike at Amazon in Bessemer, Alabama, where he has become involved in supporting the unionization efforts at the warehouse.
County at an impasse: Union workers say they’re set to strike next week; management says deal is fair
January 20, 2022 // “While we hope for a quick resolution we are prepared for the long haul,” Hoppin said. “Unfortunately, it is those members of our community who depend on county services and staff — from public health workers to benefits representatives to road repair crews — who will bear the brunt of this decision.”
Why media unions are demanding to participate in management’s return-to-office planning
January 19, 2022 // For many media unions, the latest battleground is not the fight for wage increases or promotions: It’s the return to in-person work.