Around 8, 000 drivers and bus aides with Local 1181 of the Amalgamated Transit Union walked off the job Jan. 16 as part of a complicated labor dispute revolving around job security provisions.
Whatever your politics, I think we can all agree that there is a significant difference between a law that makes less labor available by restricting the job market and one that reduces the amount of labor that workers are willing to supply.
FORBES: GOP Leadership Intentionally Distorting Obamacare As Job Killer
The number of parallel job streams defines the labor requirement (how many people to put on the job).
Bureau of Labor Statistics reports monthly job openings in the U.S. at 3.6 million for 2012.
FORBES: What's LinkedIn's Opportunity In The Job Postings Market?
That comment was made a month before the Bureau of Labor Statistics released disappointing job numbers.
In September 2009, the Labor Department reported that job seekers outnumbered job openings by 6 to 1.
The latest data from the Department of Labor suggests that zero job growth is here to stay well into 2012.
FORBES: Why Small Businesses Should Be Adding More Green Jobs
In notable economic news this week, the Labor Department reported zero job growth in the month of August, far worse than economists had been expecting.
But a worker who loses his job, or a labor-market entrant or unemployed worker who cannot find a new job, pays a much higher cost.
On Friday, the Department of Labor released its latest job numbers.
According to the Bureau of Labor Statistics, the job market's second-biggest gains, after health care, were in temporary help services, as employers who couldn't invest in full-time staffers turned to part-time labor instead.
The report, known as the Job Openings and Labor Turnover survey, or JOLTS, calculates total hiring, layoffs and quits.
The Bureau of Labor Statistics publishes quarterly gross job gains and gross job losses in a data series called Business Employment Dynamics.
Each time she was hired back, it seems, Census was able to report the creation of a new job to the Labor Department.
FORBES: Reality Check: Census Worker Churning Is Not Buffing Hiring Numbers
Remarkably, our allies don't seem willing to make the needed structural changes--slashing suffocating taxes, blasting away at job-killing labor laws and reforming initiative-stifling welfare policies--to spark genuine growth.
The defendants were accused of violating the Sherman Act and Clayton Act antitrust laws by conspiring to eliminate competition for labor, depriving workers of job mobility and hundreds of millions of dollars of compensation.
FORBES: Karl Marx Explains The Problem With The Apple, Google No Poaching Conspiracy Allegations
And overall you see that the run-up at consumer debt truly was much more explained in the last few years by a fairly weak labor market, very weak job growth, especially in manufacturing, where especially African-American men are disproportionally concentrated.
Says he: "Armchair professors and bureaucrats who sit behind desks pushing a pencil all day can work until age 68 without any serious difficulty, " but manual workers are too worn out by physical labor to stay on the job that long.
There are also sommeliers who know a lot about wine but don't like the labor that comes with the job: "They tend to spend more time acquiring degrees than working the floor, " said Mr. Johnnes, who once hired a sommelier who could name all of the subregions of the Loire (there are quite a few) but didn't enjoy the physical part of the work.
WSJ: Daniel Boulud's Sommeliers on What Makes a Great One | On Wine by Lettie Teague
Of the over 13 million people who were unemployed at the end of August, 40% were without a job for over six months according to the Bureau of Labor Statistics, and 29% were without a job for more than a year, near the all-time high.
On wages, both Greenspan and Bernanke have been quick to tout productivity gains in recent years as mitigation against higher labor costs, even as 35 straight months of job gains have brought the nation close to full employment, tightening the supply of labor.
Chinese leaders have called on official labor unions to do a better job of representing workers.
Digging deeper into the numbers, the Labor Department report showed that the job losses were across the board.
The number of job seekers in the labor force declined by 270, 000 to one of the lowest levels in over three decades.
In notable economic news this week, the Labor Department reported higher than expected job growth in October with 171, 000 jobs added, despite the unemployment rate ticking higher to 7.9%.
For example, consider partnering with the Department of Labor to support or create a Job Club at your place of worship or community organization, described on pages 45 through 50.
Qantas has been embroiled in a bitter labor dispute over pay cuts and job protections that resulted in the airline shutting down earlier this year. (Government officials ordered it back into service.) The year-old airport system required extensive retraining of staff, but didn't result in layoffs, which the union confirms.
May traditionally sees a jump in the labor force because of all the new graduates entering the job market, but this was not this case last month as 286, 000 workers left the labor market tally.
应用推荐