Posts tagged services
Commentary: Expect More UAW Strikes, and Be Prepared
November 21, 2023 // Many sectors could see the impact of labor momentum. Every union should be studying the UAW negotiations and strikes. The circumstances will be different at each company and negotiation, but a more aggressive and strategic approach is likely to be valuable in many contexts. Unions should also look at the UAW ratification process, internal communications, supplier headaches and unionization drives for lessons to emulate and avoid. On the management side, companies – particularly if they are unionized – should expect unions to follow the new playbook. Employers will need to study the lessons as well and prepare for a more confrontational labor environment. Companies other than the D3 should firmly resist the pressure to align their contract expiration and avoid what is likely to be a confrontational spring in 2028. This is only a small example of how companies would benefit from the 360° perspective that game theory and scenario wargaming give in complex and uncertain times.
Unemployment rate steady as CT Labor Dept notes massive fraud
July 21, 2023 // The Connecticut Business and Industry Association, meanwhile, did not see many positives to the most recent report. “The June numbers point to the ongoing volatility in Connecticut’s job market while highlighting the challenges we face with resolving the labor shortage crisis,” CBIA CEO Chris DiPentima said in a statement. “Connecticut’s year-over-year job growth is now just 1.2%, well below the national average of 2.5%, and among the slowest of all states.” DiPentima also pointed to continued declines in the state’s overall workforce, something the organization highlighted last month. The number of people working in the state has declined since last year and while the CBIA does not know exactly why that is, they say it poses a concern for business leaders in the state who may not be able to fill open positions. All of this comes just one day after the Department of Labor issued an alert to Connecticut residents saying that they have found nearly 75% of unemployment claims to be the result of fraud. These fraudulent claims, they say, are the result of identity theft, and consumers in the state should be on alert for any changes to their credit reports. If you do notice fraud, you are urged to report it. You should also report to the department if you receive a tax form from them but did not file for unemployment benefits.